Khwarizmi Ventures Archives

Khwarizmi Ventures Gears Up for USD 120M Fund to Back MENA Startups

Khwarizmi Ventures What happened? Saudi-based VC, Khwarizmi Ventures, plans up to USD 120 million fund to back early-stage startups across MENA. Moreover, this is the VCs second fund targeting between USD 100 million and USD...

by WAYA Staff - Jun 2, 2025

Markets

CBE Issues Regulations for Payment System Operators and Service Providers

CBE The Central Bank of Egypt (CBE) has issued regulations for the licensing and regulation of payment system operations and...

by WAYA Staff - Jun 24, 2025

Startups

Egypt’s Aria Ventures Launches USD1M Investment for Deep-Tech Startups

Aria Ventures What happened? Aria Ventures, a specialised venture studio, launched an approximately USD 1 million (EGP 50M) investment fund....

by WAYA Staff - Jun 24, 2025

Markets

EFG Prepares for Regional IPOs & Valu Awaits Approval to Operate in Jordan

EFG EFG Holding, a leading financial institution, is preparing for listings in the regional markets during the second half of...

by WAYA Staff - Jun 24, 2025

Startups

Egypt’s Nowlun Raises USD 600K to Streamline MENA Freight Logistics

Nowlun What happened? Egypt-based Nowlun, the digital logistics platform that simplifies global freight in the MENA region raised USD 600K...

by WAYA Staff - Jun 24, 2025

Money

Beltone Leasing Secures USD 20M Loan to Support MSMEs and Green Projects

Beltone Beltone Leasing and Factoring, a subsidiary of Beltone Holding, secured USD 20 million in loans to support MSMEs and...

by WAYA Staff - Jun 23, 2025

Energy

Oil Nears USD 80 in 6-Month High Amid Strait of Hormuz Closure Fears

Oil Prices Today on Monday 23rd of June 2025, oil prices jumped to their highest since January. Brent crude jumped...

by WAYA Staff - Jun 23, 2025

Markets

Valu Goes Public

Valu is officially live on the Egyptian Exchange. Valu, Egypt’s leading consumer fintech platform, has officially entered the public markets...

by WAYA Staff - Jun 23, 2025

Markets

Amazon Exercises Option to Acquire Direct Stake in Valu

Valu U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding announced that...

by WAYA Staff - Jun 22, 2025

Tech

Musk’s X Prepares to Launch Investment and Trading Features

Investments on X What happened? The chief executive of X , Linda Yaccarino, said that users will soon be able...

by WAYA Staff - Jun 22, 2025

Startups

Sanabil and 500 Global Announce Ninth Sanabil Accelerator Cohort

Sanabil Accelerator What happened? 500 Global and Sanabil Investments announced the ninth batch of the Sanabil Accelerator by 500 Global....

by WAYA Staff - Jun 22, 2025

Khwarizmi Ventures

Khwarizmi Ventures Gears Up for USD 120M Fund to Back MENA Startups

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