Simplex Archives

Simplex Invests USD 50M in New CNC Factory as It Expands Egypt's Industrial Footprint

The Egyptian manufacturer has opened its second production facility, broken ground on a third, and signed new regional partnerships as it looks to scale exports and strengthen Egypt’s advanced manufacturing sector. Egyptian CNC machinery manufacturer...

by WAYA Staff - Jul 28, 2026

Real Estate

Egypt to Release Survey Results on Delayed Real Estate Projects in October

Egypt will announce the results of a nationwide survey of delayed real estate projects in October. This will give authorities...

by WAYA Staff - Sep 15, 2026

Startups

Saudi FinTech barq Raises USD 329.5M to Expand Regionally & Internationally

Saudi digital payments company barq closed a USD 329.5 million Series A funding round at a valuation of USD 1.85...

by WAYA Staff - Sep 15, 2026

Markets

Egypt’s FRA Mandates OTP Verification for Consumer and MSME Financing

Egypt’s Financial Regulatory Authority (FRA) is giving consumer finance companies and entities financing MSME enterprises two months to introduce one-time...

by WAYA Staff - Sep 15, 2026

Startups

BRKZ Secures USD 31M to Scale AI-Powered Building Materials Procurement

Saudi Arabia-based building materials procurement platform BRKZ raised USD 31 million in new capital to support its next phase of...

by WAYA Staff - Sep 15, 2026

Startups

Tabby Raises USD 233M at USD 6.5B Valuation to Expand Beyond BNPL

Tabby has raised USD 233 million in a new equity round at a USD 6.5 billion valuation. The round was...

by WAYA Staff - Sep 15, 2026

Startups

Foodics Launches Capital 2.0 to Accelerate Restaurant Financing in MENA

Foodics is turning the operational data generated by restaurants into a new pathway to capital. The new financing solution uses...

by WAYA Staff - Sep 14, 2026

Money

Saudi’s Tarabut Raises USD 50M to Expand Embedded Finance Infrastructure

Tarabut secured USD 50 million (SAR 187M) in financing as the regulated finance platform sharpens its focus on Saudi Arabia....

by WAYA Staff - Sep 14, 2026

Startups

Synapse Analytics Secures USD 13M to Power AI-Driven Decisioning for Financial Institutions

Abu Dhabi-based Synapse Analytics has raised USD 13 million in a Series A round led by Partech. This brings its...

by WAYA Staff - Sep 14, 2026

Markets

Egypt’s Education Development Fund Partners With Sprints to Build an AI Talent Pipeline

The Education Development Fund (EDF), the technical skills body affiliated with Egypt’s Cabinet of Ministers, has signed a partnership with...

by WAYA Staff - Sep 14, 2026

Tech

Egypt’s $1 Billion Bet on Owning Its Own Data

Presented by Vodafone Business Egypt wants to enforce its own data and compute power sovereignty, rather than relying on overseas...

by WAYA Staff - Sep 10, 2026

Simplex

Simplex Invests USD 50M in New CNC Factory as It Expands Egypt's Industrial Footprint

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