Erada Archives

FRA Approves Licenses for Saqr, Nawwy, Qardy, NBE, QNB and Erada

FRA Egypt’s Financial Regulatory Authority (FRA) just granted approval to five new companies across real estate investment, SME lending, and microfinance. The approvals cover two real estate investment funds — Saqr Real Estate Investment Fund...

by WAYA Staff - Jul 17, 2025

Markets

FRA Approves Licenses for Saqr, Nawwy, Qardy, NBE, QNB and Erada

FRA Egypt’s Financial Regulatory Authority (FRA) just granted approval to five new companies across real estate investment, SME lending, and...

by WAYA Staff - Jul 17, 2025

Markets

Egypt’s MSMEDA Injects USD 45M to Support MSMEs in Alexandria

MSMEDA The Micro, Small and Medium Enterprises Development Agency (MSMEDA) announced it has pumped EGP 2.2 billion (USD 45M) into...

by WAYA Staff - Jul 17, 2025

Tech

Wittify.ai Raises USD 1.5M to Build Conversational Arabic AI Platform

Wittify.ai What happened? Saudi-based, Wittify.ai, raised USD 1.5 million in a pre-seed funding round. What is next? With the funding,...

by WAYA Staff - Jul 16, 2025

Startups

Morocco’s Ora Technologies Raises USD 7.5M to to Build a Local Superapp

Ora Technologies What happened? Morocco-based e-commerce company, Ora Technologies, raised USD 7. 5 million in a Series A funding round....

by WAYA Staff - Jul 16, 2025

Startups

Uzbek Startup TASS Vision Secures USD 1.5M to Expand to MENA

TASS Vision What happened? Uzbekistan-based startup, TASS Vision, secured USD 1.5 million. The round was led by Purple Ventures with...

by WAYA Staff - Jul 16, 2025

Markets

Saudi Just Made It Easier for GCC Residents to Invest in Its Stock Market

Saudi Capital Market Authority The Saudi Capital Market Authority (CMA) approved a set of amendments that will allow GCC residents...

by WAYA Staff - Jul 15, 2025

Markets

EEP Begins Gulf Expansion with 6 Schools in KSA

EEP Egypt Education Platform (EEP) is preparing to take over the management of four existing schools in Riyadh starting September...

by WAYA Staff - Jul 15, 2025

Startups

Spain’s HaloTech Raises USD 11.7M to Expand to the Middle East

HaloTech What happened? Spanish tech startup HaloTech raised USD 11.7 million (EUR 10M). What is next? With the newly acquired...

by WAYA Staff - Jul 15, 2025

Startups

Saudi AI Startup Lucidya Raises USD 30M to Scale AI Agent Offering

Lucidya What happened? AI-powered customer experience management (CXM) platform raised USD 30 million in a series B round. The round...

by WAYA Staff - Jul 14, 2025

Markets

Blue Five Capital Fully Acquires UAE’s Wusoom Holding

Blue Five Capital What happened? Global alternative investment firm, Blue Five Capital, announced that its BlueFive Reef Private Equity Fund...

by WAYA Staff - Jul 14, 2025

Erada

FRA Approves Licenses for Saqr, Nawwy, Qardy, NBE, QNB and Erada

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