LOAN Archives

Edita Secures USD 9.3M Loan to Expand Production Capacity

The Egyptian snack giant is doubling down on capacity after a breakout year of growth. Edita is moving to scale. After reporting strong earnings growth in 2025, the company has secured USD 9.3 million (EGP...

by WAYA Staff - May 4, 2026

Energy

UAE Exits OPEC+ as Group Holds Production Line.

The move comes amid regional tensions, with OPEC+ maintaining output plans while quietly adjusting to the loss of one of...

by WAYA Staff - May 4, 2026

Markets

Careem Reportedly Winds Down Most Consumer Services in Saudi Arabia

The move, if confirmed, signals a shift in one of Careem’s core growth markets, with only mobility services remaining active....

by WAYA Staff - May 4, 2026

Money

Edita Secures USD 9.3M Loan to Expand Production Capacity

The Egyptian snack giant is doubling down on capacity after a breakout year of growth. Edita is moving to scale....

by WAYA Staff - May 4, 2026

Tech

Cursor AI Agent Wipes PocketOS Database in Seconds

Cursor AI Agent Wipes PocketOS Database in Seconds, Exposing Risks in Autonomous Systems A rogue AI coding agent deleted a...

by WAYA Staff - May 3, 2026

Money

Egypt’s Remittances Hit Record High of USD 29.4B

Egypt’s remittance inflows are hitting new highs. Remittances from Egyptians working abroad rose 28% year-on-year during July–February of FY 2025/2026,...

by WAYA Staff - May 3, 2026