Money Elsewedy Electric Ramps Up Saudi Expansion as Pipeline Hits USD 3B Elsewedy Electric Elsewedy Electric, an electricity giant, is intensifying its focus on Saudi Arabia, positioning the Kingdom as a central... by WAYA Staff - Mar 17, 2026
Markets FRA Grants Lumin Soft Preliminary Approval to Join Regulatory Sandbox Lumin Soft Egypt’s Financial Regulatory Authority (FRA) granted Lumin Soft preliminary approval to join the Regulatory Sandbox (FRA Sandbox). This... by WAYA Staff - Mar 16, 2026
Startups Wa’ed Ventures Invests in US-Based Resemble AI After USD 13M Round Wa’ed Ventures Aramco’s VC Fund, Wa’ed Ventures, invested in California-based security startup Resemble AI. This comes after the startup closed... by WAYA Staff - Mar 16, 2026
Startups Saudi’s Infobrim Raises USD 3.5M to Scale AI Business Intelligence Platform Infobrim Saudi-based Infobrim secured USD 3.5 million in its inaugural angel funding round. Founded in 2024, by Mohamed Obied and... by WAYA Staff - Mar 16, 2026
Startups Kudwa Raises USD 1.1M to Scale Financial Intelligence Platform Kudwa Kudwa, an AI-powered finance intelligence platform, closed a USD 1.1M funding round. The round saw participation from UK-based 1818... by WAYA Staff - Mar 16, 2026
Tech AI Ambitions Trigger Job Cuts at Meta and xAI xAI Elon Musk’s xAI and Meta are both navigating waves of job cuts as AI priorities collide with performance and... by WAYA Staff - Mar 15, 2026
Startups VMS Launches Cairo Accelerator Offering Up to USD 28.7K for Each Startup VMS Value Makers Studio (VMS) launched VMS Accelerate in Egypt. It is a three-month accelerator designed to help high-potential startups... by WAYA Staff - Mar 15, 2026
Startups Uzum Raises USD 130M+ Led by Omani Sovereign Funds Uzum Uzbekistan’s Uzum raised an investment exceeding USD 130 million, anchored by the sovereign entities of the Sultanate of Oman.... by WAYA Staff - Mar 15, 2026
Markets F1 Faces USD 132M Loss as Regional Conflict Cancels Bahrain & Saudi Races F1 Formula One (F1) has cancelled its Bahrain and Saudi Arabian races in April as regional tensions escalate and security... by WAYA Staff - Mar 15, 2026
Markets A Closer Look at MENA Tech IPOs IPOs According to a report by MAGNiTT, public markets are where venture capital meets reality, and MENA technology IPOs are... by WAYA Staff - Mar 15, 2026