Edafa Venture Capital Archives

EDAFA Targets USD 10M Investment in Egyptian Startups in 2026

EDAFA Saudi-Egyptian venture capital firm EDAFA is targeting USD 10 million in Egyptian startups in 2026. That represents more than 25% growth compared to last year’s deployment, according to CEO Essam Aly Mostafa. In an...

by WAYA Staff - Feb 26, 2026

Tech

AI Ambitions Trigger Job Cuts at Meta and xAI

xAI Elon Musk’s xAI and Meta are both navigating waves of job cuts as AI priorities collide with performance and...

by WAYA Staff - Mar 15, 2026

Startups

VMS Launches Cairo Accelerator Offering Up to USD 28.7K for Each Startup

VMS Value Makers Studio (VMS) launched VMS Accelerate in Egypt. It is a three-month accelerator designed to help high-potential startups...

by WAYA Staff - Mar 15, 2026

Startups

Uzum Raises USD 130M+ Led by Omani Sovereign Funds

Uzum Uzbekistan’s Uzum raised an investment exceeding USD 130 million, anchored by the sovereign entities of the Sultanate of Oman....

by WAYA Staff - Mar 15, 2026

Markets

F1 Faces USD 132M Loss as Regional Conflict Cancels Bahrain & Saudi Races

F1 Formula One (F1) has cancelled its Bahrain and Saudi Arabian races in April as regional tensions escalate and security...

by WAYA Staff - Mar 15, 2026

Markets

A Closer Look at MENA Tech IPOs

IPOs According to a report by MAGNiTT, public markets are where venture capital meets reality, and MENA technology IPOs are...

by WAYA Staff - Mar 15, 2026

Markets

Dubai Banks Go Remote Amid Regional Tensions

Dubai Banks Banks in Dubai have been stepping up precautions amid rising geopolitical tensions. This comes after Iran signaled that...

by WAYA Staff - Mar 12, 2026

Energy

The Gulf is Rewiring Its Oil Network in Real Time. Here Is How Far It Can Go.

The Strait of Hormuz is effectively closed. Saudi Arabia, the UAE, and Egypt are racing to reroute global oil supply...

by WAYA Staff - Mar 12, 2026

Markets

Hot Money Outflows From Egypt Hit USD 1.18B on Wednesday

The outbreak of the Iran conflict is placing a heavy burden on the global economy, creating uncertainty that affects investor...

by WAYA Staff - Mar 12, 2026

Markets

Qatari-Backed Irth Capital Makes USD 1.5B Bid to Take Papa John’s Private

Papa John’s A Qatari-backed investment firm has submitted a bid to take pizza chain Papa John’s International private. The offer...

by WAYA Staff - Mar 12, 2026

Startups

Stablecoin Platform KAST Raises USD 80M to Expand Across Middle East

KAST New York-based KAST, a global financial platform, raised USD 80 million in a Series A funding round. The round...

by WAYA Staff - Mar 11, 2026

Edafa Venture Capital

EDAFA Targets USD 10M Investment in Egyptian Startups in 2026

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