Markets

BRICS Reaches Out to Egypt: New Development Bank Eyes Projects in Cairo

BRICS What is happening? The New Development Bank (NBD), the financial arm of the BRICS group, is considering financing projects...

by WAYA Staff - May 8, 2025

Startups

Mumbai’s Interior Design Startup Flipspaces Raised USD 35M to Expand to UAE

Flipspaces What happened? Mumbai-based interior design startup, Flipspaces, raised USD 35 million. The round was led by Iron Pillar, Prudent...

by WAYA Staff - May 8, 2025

Startups

Standard Chartered Launches UAE Accelerator to Support Women-Led Startups

Standard Chartered What happened? Standard Chartered announced the launch of the 7th cohort of the Futuremakers Women in Tech UAE...

by WAYA Staff - May 7, 2025

Markets

GAFI Launches “Coffee & Capital” Initiative to Enhance Investor Dialogue

Coffee and Capital What happened? The General Authority for Investment and Free Zones (GAFI) launched a new initiative under the...

by WAYA Staff - May 7, 2025

Money

CI Capital Concludes EGP 2.5B Bond Issuance for Tasaheel Finance

CI Capital What happened? CI Capital announced the successful conclusion of the EGP 2.5 billion corporate bond for Tasaheel Finance....

by WAYA Staff - May 7, 2025

Reports

Could AI Be What the Environment Needs?

Training a single AI model can emit as much carbon as five cars do in their entire lifetimes. As AI...

by Malak Mokhles - May 6, 2025

Money

iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution

iSupply What happened? Bokra, an investment platform, announced a USD 3 million Sharia-compliant financing agreement with iSupply, a platform for...

by WAYA Staff - May 6, 2025

Startups

Singapore’s XWeave Raises USD 3M to Expand Stablecoin Payments to UAE

XWeave What happened ? Singapore-based XWeave raised USD 3 million in seed funding. The round was led by Jungle Ventures...

by WAYA Staff - May 6, 2025

Money

Foras Acquires 10% Stake in Supply Chain Startup Canater for USD 1M

Foras What happened Foras announced the acquisition of a 10% stake in the startup Canater which specializes in providing supply...

by WAYA Staff - May 5, 2025

Money

Money Fellows Raises USD 13M to Scale Digital Savings Platform in Africa

Money Fellows What is happening? Money Fellows raised USD 13 million in a new financing round. The round was led...

by WAYA Staff - May 5, 2025