Markets

UAE Launches USD 49B Industrial Procurement Drive 

New opportunities aim to localize over 5,000 products as the UAE deepens its industrial strategy The UAE is scaling up...

by WAYA Staff - May 5, 2026

Tech

OpenAI and Anthropic Are Building the Same Thing at the Same Time. That Matters.

Backed by billions and Wall Street firms, two of AI’s biggest players are racing to turn adoption into revenue ahead...

by WAYA Staff - May 5, 2026

Startups

Siin Raises USD 3M to Scale Live Commerce in the GCC

Backed by regional investors, the startup is betting on real-time, social shopping to scale across Gulf markets. Siin secured new...

by WAYA Staff - May 5, 2026

Markets

Egypt’s Car Market Is Repricing as “Overprice” Begins to Ease

Egypt’s car market is beginning to recalibrate after months of aggressive, unofficial price hikes. Why You Should Care For buyers,...

by WAYA Staff - May 5, 2026

Startups

Saudi’s Madeed Raises USD 925K to Develop Preventive Health Platform

A Saudi startup is betting that the future of healthcare in the region will be proactive, not reactive. It is...

by WAYA Staff - May 5, 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