Startups

Egypt’s SehaTech Raises USD 1.1M to Automate Health Insurance Systems

SehaTech Egypt’s InsurTech ,SehaTech, raised USD 1.1 million in a seed funding round.  The round was led by Ingressive Capital,...

by WAYA - Oct 19, 2025

Money

UAE’s M2 Capital Invests USD 21M in AVAX One Digital Asset Treasury

M2 Capital UAE-headquartered M2 Capital Limited, the investment arm of M2 Group, invested uSD 21 million in the Nasdaq-listed AVAX...

by WAYA Staff - Oct 19, 2025

Markets

CIB Plans Overseas Holding Company Ahead of Digital Bank Launch

CIB According to Asharq Business, Egypt’s Commercial International Bank (CIB), plans to establish a holding company in either the UK...

by WAYA Staff - Oct 19, 2025

Money

UAE’s Crescent Enterprises Invests USD 68M to Scale CE-Creates Venture Studio

Crescent Enterprises  Crescent Enterprises announced an investment programme of USD 68 million (AED 250M) to scale CE-Creates, its venture-building platform. ...

by WAYA Staff - Oct 19, 2025

Startups

Saudi’s Astra Nova Secures USD 48.3M to Scale Web3 AI Entertainment Tools

Astra Nova Riyadh-based AI-focused Web3 entertainment and infrastructure firm Astra Nova has raised USD 48.3 million. With the funding, it...

by WAYA Staff - Oct 19, 2025

Startups

Tanzania’s Kuunda Raises USD 7.5M to Enter Egypt & Expand Across MENA

Kuunda Tanzania’s Kuunda raised USD 7.5 million in pre-Series A funding. The round saw participation from Portugal Gateway Fund, Seedstars...

by WAYA Staff - Oct 16, 2025

People

Samih Sawiris Transfers Orascom Development to Son Naguib 

Sawiris Egyptian billionaire Samih Sawiris reveals that he completed a full transfer of Orascom Development Holding to his only son,...

by WAYA Staff - Oct 16, 2025

Markets

e& money Partners With PayPal for Instant AED Withdrawals in UAE

PayPal e& money, the fintech arm of e& plans to launch a  partnership with PayPal to introduce account linking and...

by WAYA Staff - Oct 16, 2025

Money

UAE’s Multiply Group to Acquire 2PointZero & Ghitha in USD 1.6B Deal

Multiply Group Abu Dhabi-based investment holding company, Multiply Group approved a proposal to acquire 2PointZero and Ghitha Holding through a...

by WAYA Staff - Oct 16, 2025

Startups

Egypt’s Nanovate Raises USD 1M to Expand Arabic AI Solutions

Nanovate Cairo-based AI company, Nanovate raises USD 1 million in a pre-seed funding round led by a group of angel...

by WAYA Staff - Oct 15, 2025