Markets

Egypt Plans New Measures to Attract Large Companies to List on EGX

EGX Prime Minister Dr. Mostafa Madbouly held a meeting with Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA),...

by WAYA Staff - Aug 27, 2025

Startups

Saudi Gaming Studio Sheba Joy Secures USD 293K from Merak Capital

Sheba Joy Riyadh-headquartered gaming studio, Sheba Joy, raised USD 293 thousand (SAR 1.1M) in a pre-seed round. The round was...

by WAYA Staff - Aug 27, 2025

Startups

UAE’s Maalexi Secures USD 20M Shariah-Compliant Credit Facility 

Maalexi UAE-based Maalexi, a  B2B food and agri platform,  secured a shariah-compliant credit facility of up to USD 20 million....

by WAYA Staff - Aug 26, 2025

Markets

The Central Bank of Iraq to Launch Riyada Bank to Support SMEs

Riyada Bank The Central Bank of Iraq announced that it will soon launch Riyada Bank to support SMEs in Iraq....

by WAYA Staff - Aug 26, 2025

Startups

UAE’s Cointel Raises USD7.4M to Expand AI Crypto Tools to North America

Cointel What happened? Abu Dhabi-based Cointel raised USD 7.4 million in a funding round. The round was led by  US-Based...

by WAYA Staff - Aug 26, 2025

Startups

UAE’s Holo Raises USD 22M to Simplify Homeownership in UAE and Saudi 

Holo UAE-based Holo raised USD 22 million in a series A funding round  led by Impact46. It also saw participation...

by WAYA Staff - Aug 26, 2025

Markets

Oman Announces Golden Residency Program for Investors

Oman Oman’s Ministry of Commerce, Industry, and Investment Promotion will launch its Golden Residency program for investors on August 31,...

by WAYA Staff - Aug 25, 2025

Startups

Saudi’s Zetta Secures USD 12M to Scale Device-as-a-Service Model

Zetta Saudi Arabia based Zetta Technologies secured USD 12 million in its Series A funding round. The round was led...

by WAYA Staff - Aug 25, 2025

Startups

Impact46 Backs Saudi Gaming Studio Kammelna With USD 53M Investment

Kammelna Saudi-based venture capital and asset management firm, Impact46, announced committing, approximately USD 53 million (SAR 200M)  to back Kammelna,...

by WAYA Staff - Aug 25, 2025

Markets

Spinneys Enters Kuwait through a Joint Venture with Alshaya Group

Spinneys Spinneys, premium fresh food retailer, announced its entry into Kuwait. This is through a joint venture with Alshaya Group,...

by WAYA Staff - Aug 24, 2025