erad Archives

erad Secures USD 125M Facility to Expand SME Financing in GCC

erad Riyadh-based alternative financing platform for SMEs, erad, secured USD 125 million in a credit facility deal. This in partnership with Jefferies alongside co-investment from Channel Capital to accelerate embedded finance solutions across the GCC. ...

by WAYA Staff - Nov 27, 2025

Startups

Paribu Acquires Majority Stake in CoinMENA at $240M Valuation

Turkish digital-asset platform Paribu has acquired a majority stake in CoinMENA, the Bahrain- and Dubai-based cryptocurrency exchange, in a deal...

by WAYA Staff - Dec 7, 2025

Startups

Reno Raises $4M to Scale AI-powered Renovation Platform Across the GCC

Dubai-based renovation startup Reno has raised $4 million in equity and debt to accelerate its plan to build the region’s...

by WAYA Staff - Dec 7, 2025

Startups

Saudi’s Nabt Raises USD 3.4M to Build Fresh-Produce Infrastructure

Nabt Nabt, the Saudi agritech startup, raised USD 3.4 million in a Seed Extension round. The round brings the company’s...

by WAYA Staff - Dec 4, 2025

Markets

Binance Debuts Junior App for Crypto Savings

Binance Binance, global blockchain ecosystem, announced the launch of Binance Junior, a new parent-controlled app and sub-account for kids and teens,...

by WAYA Staff - Dec 4, 2025

Tech

ChatGPT Could Be Getting Ads

ChatGPT OpenAI appears to be testing infrastructure for ads within ChatGPT, according to code discovered in the latest Android beta...

by WAYA Staff - Dec 4, 2025

Startups

Plus VC Targets 40 Startup Deals & USD 10M Capital Increase

Plus VC Plus VC, MENA Early Stage VC Partner, plans to fund more than three dozen startup deals. This is...

by WAYA Staff - Dec 4, 2025

Startups

Egypt’s Taager Expands Into Morocco to Tap Growing E-Commerce Market

Taager Taager has officially expanded into Morocco. It is expanding in North Africa and now has an office in Morocco....

by WAYA Staff - Dec 4, 2025

Tech

Samsung Debuts Multi-Fold Tech With New Galaxy Z TriFold

Samsung Samsung has officially launched its first trifold smartphone called the Galaxy Z TriFold. This builds on its previous foldable...

by WAYA Staff - Dec 3, 2025

Startups

GAFI Launches the Technology Hub to Support Startups in Egypt

GAFI The General Authority for Investment and Free Zones (GAFI) announced the launch of the Technology Hub in the Nasr...

by WAYA Staff - Dec 3, 2025

Money

QIA Plans to Sell USD 360M Sainsbury’s Stake

QIA The Qatar Investment Authority (QIA) plans to sell a stake worth USD 360 million (GBP 273M) in J Sainsbury...

by WAYA Staff - Dec 3, 2025

erad

erad Secures USD 125M Facility to Expand SME Financing in GCC

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