Saudi-Egyptian Business Council Archives

Saudi-Egyptian Private Sector Agreements Inject USD 15B into Egypt

Saudi investments in Egypt total around USD 15 billion (27 billion Saudi Riyals), with 805 Saudi companies currently operating across various sectors....Read More

by WAYA Staff - Oct 17, 2024

Startups

AI Unicorn Emergent Raises USD 130M to Expand Across the GCC

Emergent has raised USD 130 million in a Series C funding round, reaching a USD 1.5 billion valuation. This comes...

by WAYA Staff - Jul 16, 2026

Money

Orascom Development Egypt Secures USD 356M Loan to Accelerate O West Project

The financing package refinances existing debt and provides fresh capital to accelerate construction at one of West Cairo’s largest mixed-use...

by WAYA Staff - Jul 16, 2026

Markets

Talabat Shares Rise as Uber’s Delivery Hero Bid Gathers Pace

Talabat gained on the Dubai Financial Market after its parent company, Delivery Hero, confirmed advanced acquisition talks with Uber. This...

by WAYA Staff - Jul 16, 2026

Startups

Saudi AI Infrastructure Startup Think Raises USD 8M to Expand Across the GCC

Saudi Arabia-based AI infrastructure startup Think has raised more than USD 8 million in a pre-seed funding round. The funding...

by WAYA Staff - Jul 15, 2026

Markets

Egypt’s Gold and Silver Funds Hit USD 184M as Investor Base Climbs to 329K

The number of investors in Egypt’s precious metals funds rose to 329 thousand by the end of June. Meanwhile, the...

by WAYA Staff - Jul 15, 2026

Money

Egypt’s Mobica to Invest USD 20M in Manufacturing Expansion & Launch USD 10M AI Focused ETF

Mobica is expanding its manufacturing footprint while placing a bet on the technologies shaping the future of the global industry....

by WAYA Staff - Jul 15, 2026

Startups

Syrian Proptech AlMkhtar Secures USD 100K to Accelerate Expansion

As Syria’s digital economy continues to evolve, startups building practical online services are beginning to attract early-stage investor confidence. AlMkhtar,...

by WAYA Staff - Jul 13, 2026