Falak Investment Hub Archives

SC Women in Tech program grants US$50k to three Saudi female-led startups

The leading global banking group, Standard Chartered (SC), and the region’s leading full-fledged investment firm, Falak Investment Hub, announced the successful completion of the “Standard Chartered Women in Tech” program by selecting eight female-led startups through...

by WAYA Staff - Jun 4, 2023

Money

AngloGold Announces USD 2.5B Acquisition of Centamin

– AngloGold Ashanti plans to acquire Centamin in a $2.5 billion all-share deal, which will make the combined company the...

by WAYA Staff - Sep 11, 2024

Startups

Egypt-based Fintech Paymob Announces USD 22M Series B Extension Round

– Additional funding boosts Paymob’s total Series B investment to $72 million, led by EBRD Venture Capital and Endeavor Catalyst,...

by WAYA Staff - Sep 11, 2024

Startups

Acasia Acquired by Sultan Ventures, Setting the Stage for Innovation Across MENA

In a landmark move that promises to reshape the startup ecosystem across the Middle East and Africa, Acasia Group, a...

by WAYA Staff - Sep 11, 2024

Money

ADNOC to Acquire Covestro in USD 15.9B-worth Deal

– ADNOC is preparing a formal offer to acquire Covestro, a German chemical company, for €14.4 billion ($15.9 billion), including...

by WAYA Staff - Sep 11, 2024

Startups

Saudi Regards Raises USD 1.5M in Funding

– Regards, a Saudi company specializing in premium experience gifting, raised $1.5 million in seed funding led by Core Vision...

by WAYA Staff - Sep 11, 2024

Markets

Egypt’s Inflation Rate Unexpectedly Rises to 26.2 % in August

– Egypt’s annual urban consumer price inflation unexpectedly rose to 26.2% in August, up from 25.7% in July, according to...

by WAYA Staff - Sep 10, 2024

Money

AlBaraka Capital Signs MoU with INVIA to Launch First Revenue-based Finance Fund

– AlBaraka Capital, a subsidiary of AlBaraka Bank Egypt, has signed a Memorandum of Understanding (MoU) with INVIA, a leading...

by WAYA Staff - Sep 10, 2024

Money

Blockchain Sports Ecosystem and Alpha Jossor Investments Sign USD 3.3B MoU

– Blockchain Sports Ecosystem and Alpha Jossor Investments have agreed on a Memorandum of Understanding to develop a cutting-edge sports...

by WAYA Staff - Sep 10, 2024

Startups

Oman-based IO Kitchens Raises USD 2.8M in Seed Round

– IO Kitchens, Oman’s leading cloud kitchen startup, has completed a successful seed funding round led by the Tanmia Small-Cap...

by WAYA Staff - Sep 10, 2024

Startups

Egypt’s FlapKap Secures USD 34M in Pre-series A

FlapKap, an Egyptian fintech platform, has announced raising USD 34 million in a pre-Series A funding round, pushing its total...

by WAYA Staff - Sep 10, 2024

Falak Investment Hub

SC Women in Tech program grants US$50k to three Saudi female-led startups

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