Startups

Egypt Plans to Launch VC & Industrial Funds to Support Startups

VC Fund Minister of iInvestment and Foreign Trade, Dr. Mohamed Farid Saleh, disclosed in an interview on the sidelines of...

by WAYA Staff - Mar 8, 2026

Money

Saudi’s SAL Acquires Belgium’s Aviapartner Liège SA in USD 32.7M Deal

Aviapartner Liège Saudi Logistics Services Company (SAL) signed a USD 32.7 million (SAR 123M) to  acquire the full 100% stake...

by WAYA Staff - Mar 8, 2026

Energy

Iran Conflict Impacts GCC Energy Exports 

Energy The ongoing Iran conflict is putting unprecedented pressure on Gulf energy supplies, with Qatar signaling that exports could pause...

by WAYA Staff - Mar 8, 2026

Money

The Egyptian Company That Quietly Doubled Its Revenues. And the Number Everyone Missed.

Raya Holding’s FY2025 results show 41% revenue growth to EGP 63.8 billion. That figure is accurate. It is also the...

by WAYA Staff - Mar 8, 2026

Money

Investcorp Secures USD 1.25B to Buy Stakes in Private Capital Firms

Investcorp Bahrain-based alternative asset management giant Investcorp closed USD 1.25 billion for its Investcorp Strategic Capital Partners II ((ISCP II)...

by WAYA Staff - Mar 8, 2026

Markets

The Gulf is Rethinking its Financial Relationship with America

The Financial Times is reporting that Gulf states have begun discussing pulling back from their financial commitments to the US,...

by WAYA Staff - Mar 8, 2026

Startups

Alibaba Unveils USD 1.5M Grant for Africa With Tunisia in Scope

Alibaba Alibaba Philanthropy and the Jack Ma Foundation have launched a USD 1.5 million grant pool to support African entrepreneurs....

by WAYA Staff - Mar 5, 2026

Startups

Abu Dhabi’s 2PointZero Group Acquires Stake in US Health-Tech Firm Whoop

Whoop A subsidiary of the Abu Dhabi-based 2PointZero Group PJSC has acquired an undisclosed share in US health-tech company Whoop,...

by WAYA Staff - Mar 5, 2026

People

Adidas Moves to Appoint Nassef Sawiris as Chair

Adidas Adidas is preparing for a leadership change that could place an Egyptian billionaire at the top of its supervisory...

by WAYA Staff - Mar 5, 2026

Money

Mubadala Commits USD 50M Convertible Loan to Hungary’s 4iG

Mubadala Abu-Dhabi’s sovereign investor, Mubadala will provide a USD 50 million convertible loan to Hungary’s 4iG.  Founded in 1995, 4iG...

by WAYA Staff - Mar 4, 2026