Money

UAE’s MGX Joins USD 6.6B OpenAI Share Sale

MGX OpenAI completed a deal to help employees sell shares in the company, helping the company reach a USD 500...

by WAYA Staff - Oct 8, 2025

Startups

Saudi’s Nuxera AI Raises USD 2.5M to Scale Arabic AI in Healthcare

Nuxera AI Saudi-based health-tech startup, Nuxera AI secured USD 2.5 million from Sanabil Venture Studio by Redesign Health. Sanabil Venture...

by WAYA Staff - Oct 8, 2025

Startups

Modest Fashion Brand Touché Privé Raises USD 5M to Expand in the GCC

Touché Privé  Global modest fashion brand, Touché Privé raised USD 5 million in growth investment from Amplify Growth Partnership (Amplify...

by WAYA Staff - Oct 7, 2025

Real Estate

Palm Hills Reports EGP 182B in Sales & Expands in Key Locations 

Palm Hills Palm Hills Developments, one of Egypt’s leading real estate developers, reported total sales of EGP 182 billion during...

by WAYA Staff - Oct 7, 2025

Markets

Egypt’s NTRA Licenses 7 Automotive Companies to Launch IoT Vehicle Services

NTRA The National Telecom Regulatory Authority (NTRA) approved allowing companies specialized in manufacturing smart vehicles to operate Internet of Things...

by WAYA Staff - Oct 7, 2025

Money

Saudi’s Thabet Investment & Singapore’s Five Keys Launch USD 100M Everbridge Capital

Thabet Investment Saudi’s Thabet Investment Company, an investment management company, partnered with Singapore’s Five Keys Investment to launch Everbridge Capital. ...

by WAYA Staff - Oct 7, 2025

Startups

Saudi’s Engagesoft Raises USD 3.5M to Scale AI Employee Engagement Platform

Engagesoft Saudi-based Engagesoft raised USD 3.5 million in a Pre-Series A round led by Silicon Badia, a Jordanian venture capital...

by WAYA Staff - Oct 7, 2025

Markets

Egyptian Banks Hike Administrative Fees

Egyptian Banks Several of Egypt’s largest banks are raising fees on a range of banking services. This includes opening bank...

by WAYA Staff - Oct 6, 2025

Markets

World Bank Launches a New Regional Hub in Riyadh

The World Bank The World Bank announced the opening of a new regional hub in Riyadh, Saudi Arabia, to serve...

by WAYA Staff - Oct 6, 2025

Startups

UAE’s DIEZ Launches Programme to Turn Staff into Startup Founders

DIEZ The Dubai Integrated Economic Zones Authority (DIEZ) launched its  ‘Employee to Entrepreneur Programme.’ The initiative aims to empower employees...

by WAYA Staff - Oct 6, 2025