Energy Oil Falls Below Pre-Conflict Levels Amid Recovery in Gulf Shipments Markets are balancing recovering Gulf oil flows against lingering uncertainty over the pace of supply normalization. Oil prices rose more... by WAYA Staff - Jun 28, 2026
Startups Egypt to Host Global Entrepreneurship Festival This November The event is expected to bring together more than 10,000 participants from over 70 countries, reinforcing Egypt’s ambition to position... by WAYA Staff - Jun 28, 2026
Money Orascom Pyramids Plans to Raise Investment in Giza Pyramids Area to USD 40M by 2027 The tourism operator plans to invest an additional USD 10.1 million (EGP 500M) next year. This comes as it targets... by WAYA Staff - Jun 28, 2026
Markets Beltone VC Backs ariika and Lychee to Fuel Saudi Expansion The investment firm is increasing its support for two Egyptian consumer brands as they expand into Saudi Arabia. This signals... by WAYA Staff - Jun 28, 2026
Startups Saudi AI E-Commerce Startup Revora Raises USD 2M to Scale Across the Kingdom Saudi Arabia-based AI startup Revora has secured USD 2 million in seed funding, bringing its total capital raised to USD... by WAYA Staff - Jun 25, 2026
Markets Egypt Moves Closer to Launching Short Selling on EGX Egypt is entering the final stages of preparing to introduce short selling on the Egyptian Exchange. The long-awaited market mechanism... by WAYA Staff - Jun 25, 2026
Money Elsewedy Electric Unveils USD 200M Manufacturing Push to Expand Egypt’s Industrial Base New recycling, copper, and aluminum projects aim to boost exports, strengthen local supply chains, and create more than 1,300 jobs... by WAYA Staff - Jun 25, 2026
Markets MNT-Halan Could Be Egypt’s Next Major IPO. It Is Said to Be Worth Up to USD 1B. MNT-Halan could become Egypt’s next major fintech listing Egyptian fintech unicorn MNT-Halan is reportedly considering an initial public offering (IPO)... by WAYA Staff - Jun 25, 2026
Markets QIA Commits USD 490M to German Energy Giant RWE Capital Raise Qatar Investment Authority (QIA) is doubling down on Europe’s energy infrastructure. The sovereign wealth fund will increase its stake in... by WAYA Staff - Jun 24, 2026
Money Abu Dhabi’s MGX Raises USD 50B to Expand AI Investment Push Abu Dhabi is doubling down on its ambition to become one of the world’s leading AI investors. The Abu Dhabi-based... by WAYA Staff - Jun 24, 2026