Promamec Archives

Morocco’s Promamec Secures USD 8.5M From AfricInvest’s Health Fund

Promamec Morroco’s Promamec secured USD 8.5 million from AfricInvest’s blended-finance impact vehicle, Transform Health Fund (THF). Looking forward, with the investment, it aims to support its working capital needs. Additionally, it aims to strengthen its...

by WAYA Staff - Dec 29, 2025

Markets

Egypt’s Catalyst Partners Targets IPO by End of 2026

Catalyst Partners Recently the EGX listed shares of Egypt’s SPAC Catalyst Partners jumped nearly 20% in early trading on Sunday....

by WAYA Staff - Dec 29, 2025

Money

Saudi’s MIS Sells Entire xAI Stake for USD 4.24M

xAI Al Moammar Information Systems (MIS) has sold its entire stake in xAI, Elon Musk’s artificial intelligence company. The transaction...

by WAYA Staff - Dec 29, 2025

Markets

EGX Extends Hours to Attract Investors

EGX Executive Chairman of the Egyptian Exchange (EGX), Dr. Islam Abdel Azim Azzam, revealed that 54% of listed companies have...

by WAYA Staff - Dec 29, 2025

Money

Morocco’s Promamec Secures USD 8.5M From AfricInvest’s Health Fund

Promamec Morroco’s Promamec secured USD 8.5 million from AfricInvest’s blended-finance impact vehicle, Transform Health Fund (THF). Looking forward, with the...

by WAYA Staff - Dec 29, 2025

Markets

U.S. Federal Reserve Admits Economic Strain Is Hitting Low-Income Americans

U.S. Federal Reserve The U.S. Federal Reserve has openly recognized that its monetary policies in recent years have unintentionally widened...

by WAYA Staff - Dec 28, 2025

Money

EGX Records USD 1.9B in Cash Dividends in 2025

EGX The Egyptian Exchange (EGX) distributed cash dividends worth USD 1.9 billion (EGP 89.3B) from the beginning of January. This...

by WAYA Staff - Dec 28, 2025

Money

Tasaheel Plans USD 189B Sukuk Issuance to Finance SMEs in Egypt

Tasaheel MNT Halan’s subsidiary, Tasaheel, plans to launch a USD 189 million (EGP 9B) sukuk issuance in Egypt’s non-banking financing...

by WAYA Staff - Dec 28, 2025

Markets

Gold, Silver, and Platinum Close 2025 at Record Highs

Gold & Silver Gold, silver, and platinum surged to unprecedented levels in late December, capping a strong year for precious...

by WAYA Staff - Dec 28, 2025

Markets

Egypt to Establish Unified Platform to Simplify Company Setup, Operations, and Exits

Unified Platform The Egyptian Cabinet approved assigning Misr Investment for Development (MID), a company wholly owned by the General Authority...

by WAYA Staff - Dec 25, 2025

Money

UAE’s ADQ Secures USD 5B Financing Deal with Asian Financial Institutions

ADQ Based in Abu Dhabi, ADQ, a sovereign investor, closed its debut five-year, USD 5 billion syndicated term financing deal...

by WAYA Staff - Dec 25, 2025

Promamec

Morocco’s Promamec Secures USD 8.5M From AfricInvest’s Health Fund

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