Emirates Development Bank Archives

Emirates Development Bank Launches USD 136M in Financing to Support Startups

Emirates Development Bank Emirates Development Bank (EDB) launched new financing solutions and support programs for startups and MSMEs under a nationwide entrepreneurship campaign.The initiative, part of “The Emirates: Startup Capital of the World,” aims to...

by WAYA Staff - Oct 8, 2025

Real Estate

Emaar & Dallah Albaraka to Develop Residential Project in New Cairo

Emaar Mohamed Alabbar, founder of Emaar, real estate giant, revealed that he is finalizing an agreement with Dallah Albaraka. The...

by WAYA Staff - Oct 30, 2025

Startups

Saudi’s rmz.ai Raises USD 100K to Develop AI-Powered Creative Agents

rmz.ai Saudi’s startup rmz.ai secured USD 100 thousand in a pre-seed funding round. The round was led by Beyond.xyz, Saudi...

by WAYA Staff - Oct 30, 2025

Markets

The Grand Egyptian Museum Opening: Here’s What You Need to Know

Grand Egyptian Museum Emulating the allure of Egypt’s unparalleled civilizational legacy, the Grand Egyptian Museum (GEM) sits at the foot...

by WAYA Staff - Oct 30, 2025

Tech

Fawry Now Supports Apple Pay

Fawry Fawry, Egypt’s fintech giant, is now providing Apple Pay to its customers in collaboration with Banque Misr. With this,...

by WAYA Staff - Oct 30, 2025

Startups

Kashier & Flend Partner to Power Flexible Digital Financing for SMEs

Kashier Kashier, Egypt’s digital payment solutions provider, and Flend, Egypt’s licensed digital on-banking financial institution dedicated to SMEs, announced a...

by WAYA Staff - Oct 30, 2025

Startups

Saudi Logistics Startup Logexa Raises USD 2M to Scale Operations

Logexa Saudi-based logistics technology startup Logexa closed a USD 2 million Pre-Series A funding round. The round saw participation from...

by WAYA Staff - Oct 29, 2025

Money

Tabby Hits USD 4.5B Valuation After Secondary Share Sale

Tabby Saudi fintech Tabby confirmed the completion of a secondary sale of shares held by certain existing shareholders. As part...

by WAYA Staff - Oct 29, 2025

Tech

HUMAIN & AirTrunk Ink USD 3B Saudi Data Center Deal

HUMAIN Saudi’s AI company, HUMAIN, and Blackstone-backed AirTrunk, established a partnership to build data centers in the Kingdom of Saudi...

by WAYA Staff - Oct 29, 2025

Startups

Egyptian-Led MidLyr Raises USD 2.5M to Expand in Egypt & Middle East

MidLyr MidLyr, raised USD 2.5 million in pre-seed funding. The round was led by Silicon Badia, with participation from Wedbush...

by WAYA Staff - Oct 29, 2025

Startups

BRKZ Secures USD 30M in Debt to Scale Construction Financing Platform

BRKZ Saudi’s BRKZ secured up to USD 30 million in growth debt from Stride Ventures. The funding aims to reinforce...

by WAYA Staff - Oct 28, 2025

Emirates Development Bank

Emirates Development Bank Launches USD 136M in Financing to Support Startups

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