Exel by Merak Archives

Saudi’s Exel by Merak Accelerator Invests USD 5.1M in 17 Gaming Startups

Exel by Merak Saudi’s gaming accelerator, Exel by Merak, hosted its first demo day. In which it showcased 17 gaming startups from a pool of over 300 global applications. The accelerator provides each startup with...

by WAYA Staff - Aug 18, 2025

Startups

Bahrain’s Raise Program Launches New Cohort With 10 Startups

Raise Spring Venture Services launched Cohort 9 of “Raise: The Art of Fundraising” supported by The Labour Fund (Tamkeen). The...

by WAYA Staff - Aug 18, 2025

Markets

onebank Secures CBE Approval as Egypt’s First Fully Digital Bank

onebank Misr Digital Innovation received approval from the Central Bank of Egypt (CBE) to transition into onebank. This will be...

by WAYA Staff - Aug 18, 2025

Startups

Saudi’s Exel by Merak Accelerator Invests USD 5.1M in 17 Gaming Startups

Exel by Merak Saudi’s gaming accelerator, Exel by Merak, hosted its first demo day. In which it showcased 17 gaming...

by WAYA Staff - Aug 18, 2025

Markets

Raya Holding Revenues Hit EGP 27.8B in H1 2025, Up 38.3% YoY

Raya Holding Raya Holding for Financial Investments (EGX: RAYA.CA) posted another set of strong results in H1 2025, fueled by...

by WAYA Staff - Aug 17, 2025

Tech

Saudi’s HUMAIN to Launch Arabic-Centric AI Model

HUMAIN Saudi’s national artificial intelligence company formed by PIF, Humain, will launch a new Arabic-centric AI foundation model. The company...

by WAYA Staff - Aug 17, 2025

Markets

Ezdehar Management Acquires Majority Stake in Egypt’s Kemet

Ezdehar Ezdehar Management acquired a majority stake in Kemet for Natural Food S.A.E (Kemet) through Ezdehar Mid-Cap Fund II. “We’re...

by WAYA Staff - Aug 17, 2025

Startups

UAE’s Professional.me Raises USD 3.1M to Scale AI-Powered Hiring

Professional.me What happened? UAE-based HR technology company, Proffessional.me, secured USD 3.1 million in a seed funding round. The round was...

by WAYA Media - Aug 17, 2025

Startups

UAE’s Coraly.ai Secures USD 2M to Scale AI-Powered PropTech Solution

Coraly.ai What happened? UAE-based proptech, Coraly.ai, secured USD 2 million in a pre-seed funding round. The round was led by...

by WAYA Staff - Aug 14, 2025

Tech

Hedera Africa Hackathon Launches with USD 1M to Boost Web3 Skills in MEA

Hedera Africa Hackathon Orange announced a partnership with The Hashgraph Association (THA), a Swiss non-profit organization, and Dar Blockchain, Pan-African...

by WAYA Staff - Aug 14, 2025

Markets

MSMEDA & Banque du Caire Sign EGP 500M Deals to Finance Micro-Enterprises

MSMEDA The Micro, Small and Medium Enterprises Development Agency (MSMEDA) and Banque du Caire have signed two new contracts worth...

by WAYA Staff - Aug 14, 2025

Exel by Merak

Saudi’s Exel by Merak Accelerator Invests USD 5.1M in 17 Gaming Startups

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