EXPANSION Archives - Page 24 of 28

Fawry's cashless transactions exceeds EGP 11 bln in 2021

Fawry recently reported that Fawry Accept has recorded a growth of 400% in total processed value through the online gateway and 232% through Fawry acceptance POS machines. Fawry’s cashless transactions exceeded 6 billion EGP through...

by WAYA Staff - Jan 30, 2022

Markets

Spinneys Enters Kuwait through a Joint Venture with Alshaya Group

Spinneys Spinneys, premium fresh food retailer, announced its entry into Kuwait. This is through a joint venture with Alshaya Group,...

by WAYA Staff - Aug 24, 2025

Markets

Naguib Sawiris Proposes Land Sales to Address Egypt’s Debt

Sawiris According to Alarabiya, Egyptian businessman Naguib Sawiris commented that solving Egypt’s foreign debt repayment challenge is simple and lies...

by WAYA Staff - Aug 24, 2025

Startups

Egypt’s Zaher AI Raises USD 150K to Advance Generative Engine Optimization

Zaher AI Egypt’s AI startup, Zaher AI, raised USD 150 thousand in a funding round. The round saw participation from...

by WAYA Staff - Aug 24, 2025

Startups

Japanese VCs Launch USD 20M Early-Stage Startup Fund for Africa & MENA

Japanese VCs Two Japanese VC firms, Uncovered Fund and Monex Ventures, launched a new approximately USD 20 million fund (JPY...

by WAYA Staff - Aug 24, 2025

Markets

Saudi Launches Nusuk Umrah for Direct Visa Access Without Middlemen

Nusuk Umrah The Saudi Ministry of Hajj and Umrah announced the launch of the Nusuk Umrah service. This will allow...

by WAYA Staff - Aug 21, 2025

Money

Saudi’s Gathern Raises USD 72M to Expand Hospitality Platform

Gathern What happened? Saudi’s Gathern secured USD 72 million (SAR 270M) in a Series B funding round. The round was...

by WAYA Staff - Aug 21, 2025

Startups

Saudi’s Starvania Studio Raises USD 1.1M from Merak Capital & Impact46

Starvania Studio What happened? Saudi game development studio, Starvania Studio, secured investment of USD 1.1 million from Merak Capital and...

by WAYA Staff - Aug 21, 2025

Startups

UAE’s Crescent Ventures Joins USD 100M Round for US-Based Aalo Atomics

Crescent Ventures Sharjah-based Crescent Ventures participated in the USD 100 million Series B funding round for US-based nuclear technology company,...

by WAYA Staff - Aug 21, 2025