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
Startups Tunisian Fintech PayDay Raises USD 3M to Expand Salary Advance Platform PayDay Tunisian fintech company PayDay raised USD 3 million in a pre-seed investment round. The round was led by United... by WAYA Staff - Oct 15, 2025
Startups Oman’s ITHCA Invests USD 20M in US Semiconductor Firm Movandi ITHCA Oman’s ITHCA Group, technology investment arm of the Oman Investment Authority, invested USD 20 million ( RO 8M) in... by WAYA Staff - Oct 15, 2025
Startups Morocco’s Chari Raises USD 12M to Launch Merchant Super App Chari Morocco-based Chari closed a USD 12 million Series A funding round. The round was led by SPE Capital and... by WAYA Staff - Oct 15, 2025
Markets IMF: Dollar to Hit EGP 54 by 2026 IMF The International Monetary Fund (IMF) has revised its projections for the Egyptian pound against the US dollar. The Fund... by WAYA Staff - Oct 15, 2025
Money MNT-Halan Raises USD 71.4M in 7th Securitised Bond Issuance MNT Halan Egypt’s fintech unicorn, MNT-Halan, raised USD 71.4 million (EGP 3.4B) via its seventh securitised bond issuance. With this,... by WAYA Staff - Oct 15, 2025