PIF Archives

iMENA Group Raises USD 135M Ahead of IPO in Saudi Arabia

iMENA Group What happened? iMENA Group raised USD 135 million in capital as it plans for its initial public offering in Saudi Arabia. Sanabil Investments, subsidiary of Saudi Arabia’s Public Investment Fund (PIF) contributed to...

by WAYA Staff - Apr 28, 2025

Reports

Could AI Be What the Environment Needs?

Training a single AI model can emit as much carbon as five cars do in their entire lifetimes. As AI...

by Malak Mokhles - May 6, 2025

Money

iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution

iSupply What happened? Bokra, an investment platform, announced a USD 3 million Sharia-compliant financing agreement with iSupply, a platform for...

by WAYA Staff - May 6, 2025

Startups

Singapore’s XWeave Raises USD 3M to Expand Stablecoin Payments to UAE

XWeave What happened ? Singapore-based XWeave raised USD 3 million in seed funding. The round was led by Jungle Ventures...

by WAYA Staff - May 6, 2025

Money

Foras Acquires 10% Stake in Supply Chain Startup Canater for USD 1M

Foras What happened Foras announced the acquisition of a 10% stake in the startup Canater which specializes in providing supply...

by WAYA Staff - May 5, 2025

Money

Money Fellows Raises USD 13M to Scale Digital Savings Platform in Africa

Money Fellows What is happening? Money Fellows raised USD 13 million in a new financing round. The round was led...

by WAYA Staff - May 5, 2025

Markets

Nama Ventures Secures CMA Approval to Begin Investment Operations in Saudi

Nama Ventures What is happening? Nama Ventures received formal approval from the Capital Market Authority (CMA) to commence its investment...

by WAYA Staff - May 5, 2025

Startups

Klivvr Gets Green Light to Launch BNPL in Egypt

Cairo-based fintech Klivvr has received final approval from Egypt’s Financial Regulatory Authority (FRA) to launch its Buy Now, Pay Later...

by WAYA Staff - May 4, 2025

Startups

RiseUp Summit 2025 Gears Up for Launch

What’s Happening? RiseUp has officially unveiled the 12th edition of RiseUp Summit, set to run from May 8 to 10...

by WAYA Staff - May 4, 2025

Startups

MedIQ Raises $6M to Expand Health Tech Ecosystem Across the Middle East

MedIQ, a Pakistani female-founded health tech startup, has secured $6 million in Series A funding to expand its operations across...

by WAYA Staff - May 4, 2025

Startups

Fuze Raises $12.2M to Scale Digital Asset Infrastructure in MENA

Fuze, one of the fastest-growing digital asset infrastructure firms in the Middle East and Turkey, has closed a $12.2 million...

by WAYA Staff - May 4, 2025

PIF

iMENA Group Raises USD 135M Ahead of IPO in Saudi Arabia

Sign up for our newsletter