REPORTING Archives

EFG Holding Sees Resilient Start to 2025 with EGP 5.6B in Revenues

EFG Holding EFG Holding starts 2025 with strong operational momentum across its diversified platform. Its net profit reaches EGP 1.2 billion, with strong operational growth across all business lines EFG Holding, a leading financial institution...

by WAYA Staff - May 21, 2025

Tech

OpenAI Just Dropped GPT-5

GPT-5 OpenAI has begun rolling out the latest iteration of its language model to all ChatGPT users. The company has...

by WAYA Staff - Aug 10, 2025

Startups

ITIDA’s Start IT Welcomes 47th Tech Startup Cohort with Expanded Perks

Start IT The Technology Innovation and Entrepreneurship Center (TIEC), of the Information Technology Industry Development Agency (ITIDA), has welcomed a...

by WAYA Staff - Aug 10, 2025

Markets

Thndr Joins ADX as First GCC Remote Retail Trading Member

Thndr The Abu Dhabi Securities Exchange (ADX) has onboarded Thndr as the first remote retail trading member. This announcement was...

by WAYA Staff - Aug 10, 2025

Startups

Salasa Raises $30M to Build AI-Driven Logistics for E-Commerce in Saudi Arabia

Salasa has raised $30 million in a Series B round to transform how e-commerce logistics work across Saudi Arabia and...

by WAYA Staff - Aug 4, 2025

Startups

Suplyd Raises $2M to Build the Digital Backbone of Egypt’s Restaurant Supply Chain

Suplyd just closed a $2 million pre-Series A round to expand its digital procurement platform for restaurants. The Cairo-based startup...

by WAYA Staff - Aug 4, 2025

Markets

Avis Egypt Named Avis Budget Group’s Licensee of the Year 2025

Avis Egypt Avis Egypt just drove into the international spotlight. The company has been named “Licensee of the Year 2025”...

by WAYA Staff - Jul 31, 2025

Markets

Digital Payments Are Taking Over Egypt’s SME Scene

Visa Visa, a global leader in payments, announced the launch of its new report, ‘Value of Acceptance: Understanding the Digital...

by WAYA Staff - Jul 29, 2025

Startups

Saudi’s Calo Raises USD 39M to Scale to AI-Powered Meal Platform

Calo What happened? Saudi-based foodtech, Calo, raised USD 39 million in a Series B funding extension round. This brings its...

by WAYA Staff - Jul 29, 2025

Markets

Saudi’s Surj Invests USD 40M in Professional Triathletes Organisation

Surj The sports arms of Saudi’s Public investment Fund (PIF), Surj, invested in the Professional Triathletes Organisation (PTO). The investment...

by WAYA Staff - Jul 28, 2025

Energy

Saudi Launches Taqatech Accelerator to Support Energy Startups

Taqatech Accelerator The Saudi Ministry of Energy launched the Taqatech Accelerator program in collaboration with The Garage, a Riyadh based...

by WAYA Staff - Jul 28, 2025

REPORTING

EFG Holding Sees Resilient Start to 2025 with EGP 5.6B in Revenues

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