Elsewedy Electric Archives

Elsewedy Electric Ramps Up Saudi Expansion as Pipeline Hits USD 3B

Elsewedy Electric Elsewedy Electric, an electricity giant, is intensifying its focus on Saudi Arabia, positioning the Kingdom as a central growth market. The company reported growth across all business segments in 2025, with cables and...

by WAYA Staff - Mar 17, 2026

Markets

Pakistan Cuts Fuel Prices by 17%. The Move Comes as Oil Prices Rise Globally.

The Pakistani government is lowering petrol prices and directly supporting transport operators as rising oil prices begin to filter through...

by WAYA Staff - Apr 5, 2026

Markets

Saudi Arabia Eyes USD 5B Stake in SpaceX IPO. The Region Is Moving Deeper Into AI and Space

SpaceX is lining up anchor investors for what could be a USD 75 billion IPO, with Saudi Arabia’s PIF in...

by WAYA Staff - Apr 5, 2026

Money

Kingdom Holding Buys Into Bill Gates’ Climate Fund At A Discount. Climate Tech Is Becoming a Strategic Priority

The Saudi investment firm acquires a USD 98 million clean energy stake for USD 68 million, deepening its exposure to...

by WAYA Staff - Apr 5, 2026

Energy

Saudi Oil Exports Halved in March. The System Is Rerouting Around Hormuz.

Limited access through the Strait of Hormuz forced Saudi exports to reroute, reducing overall volumes. Saudi Arabia’s oil exports were...

by WAYA Staff - Apr 2, 2026

Tech

Big Tech in the Middle East Face a New Reality: Being Treated as Critical Infrastructure

A direct threat against global tech firms signals a shift: data centers and AI infrastructure are no longer neutral assets....

by WAYA Staff - Apr 2, 2026

Markets

SpaceX Moves Toward Record-Breaking IPO as AI-Era Mega Listings Take Shape

The company has confidentially filed for a public debut that could value it at over USD 1.75 trillion, setting the...

by WAYA Staff - Apr 2, 2026

Startups

A Women in Tech Accelerator Launches Its 8th Edition in the UAE. The Focus Is Shifting to Scale.

Standard Chartered Foundation and Village Capital have launched the 2026 edition of their Women in Tech accelerator in the UAE,...

by WAYA Staff - Apr 1, 2026

Markets

The War Is Rewiring Global Aviation. Airlines Are Already Adjusting to a New Map.

Jet fuel prices have doubled. Flights through the Gulf have been disrupted. Airlines are cutting capacity in some places and...

by WAYA Staff - Apr 1, 2026

Markets

Egypt May Suspend Early Closures for Easter Week. The Pause Is Part of a Broader Calibration.

Egypt is moving to suspend early closure rules for shops, malls, restaurants, and clubs during the upcoming Coptic Easter week....

by WAYA Staff - Apr 1, 2026

Tech

Riyadh Launches New Route for Self-Driving Vehicles

Riyadh Riyadh’s Transport General Authority launched a new route for autonomous passenger vehicles, connecting Hayat Mall to Riyadh Gallery. This...

by WAYA Staff - Mar 31, 2026

Elsewedy Electric

Elsewedy Electric Ramps Up Saudi Expansion as Pipeline Hits USD 3B

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