fasset Archives

Fasset Raises USD 68M at USD 1B Valuation to Scale AI Powered Stablecoin Neobanking

Fasset reached unicorn status after raising USD 68 million in Series C funding at a USD 1 billion valuation. This comes as the fintech moves to scale its AI-powered stablecoin neobanking platform across international markets....

by WAYA Staff - Aug 24, 2026

Startups

Egypt to Host Global Entrepreneurship Festival in November

Egypt will host the third global edition of the Global Entrepreneurship Festival (GEF) from 6 to 8 November 2026. It...

by WAYA Staff - Oct 14, 2026

Startups

UAE’s JustAd Raises USD 5M to Scale AI-Powered Advertising Platform

UAE-based JustAd, an AI-powered marketing OS, raised USD 5 million from angel investor Imad Jomaa to expand into new markets. ...

by WAYA Staff - Oct 14, 2026

Markets

Egypt Inaugurates USD 13.2M Al Amreya Dry Port in Alexandria

Egypt inaugurated a new dry port in Alexandria with investments of EGP 700 million (USD 13.2M). The facility covers 146,000...

by WAYA Staff - Oct 14, 2026

Real Estate

Hassan Allam to Develop USD 115M in Residential Projects in Oman

OMRAN Group signed two development agreements with Hassan Allam Holding’s real estate arm, Grova Developments, for projects at Madinat Al...

by WAYA Staff - Oct 14, 2026

Markets

Egypt’s Ministry of Justice Partners with CIB to Provide Premium Notarization Services

Egypt’s Ministry of Justice signed a cooperation protocol with Commercial International Bank (CIB) to establish premium notarization offices at the...

by WAYA Staff - Oct 13, 2026

Real Estate

Banque Misr Extends USD 190M Facility to Founders for Residential Project Acquisition

Banque Misr has signed a long-term credit facility worth USD 190 million (EGP 10B) with Founders Real Estate Marketing, a...

by WAYA Staff - Oct 13, 2026

Startups

US-Based Aden Launches UAE Precision Health Membership With USD 2M in Seed Funding

Aden, a precision health company backed by USD 2 million in seed funding, is entering the UAE market this October....

by WAYA Staff - Oct 13, 2026

Tech

Dubai Launches Global AI Agents Championship With USD 680.7K+ in Prizes

Dubai launched a global competition for AI-agent solutions, offering a prize pool exceeding USD 680.7 thousand (AED 2.5M). This comes...

by WAYA Staff - Oct 12, 2026

Money

Dubai’s Oraseya Capital Doubles Venture Capital Fund to USD 272.3M

Dubai Integrated Economic Zones Authority (DIEZ) has doubled the size of the venture capital fund managed by its investment arm,...

by WAYA Staff - Oct 12, 2026

Markets

Elsewedy Electric Studies Establishing an Electric & Hybrid Car Factory in Algeria

Egypt’s Elsewedy Electric, an electricity giant, is exploring a move into vehicle manufacturing in Algeria. Thus, extending its industrial expansion...

by WAYA Staff - Oct 12, 2026

fasset

Fasset Raises USD 68M at USD 1B Valuation to Scale AI Powered Stablecoin Neobanking

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