Startups Acasia Acquired by Sultan Ventures, Setting the Stage for Innovation Across MENA In a landmark move that promises to reshape the startup ecosystem across the Middle East and Africa, Acasia Group, a... by WAYA Staff - Sep 11, 2024
Money ADNOC to Acquire Covestro in USD 15.9B-worth Deal – ADNOC is preparing a formal offer to acquire Covestro, a German chemical company, for €14.4 billion ($15.9 billion), including... by WAYA Staff - Sep 11, 2024
Startups Saudi Regards Raises USD 1.5M in Funding – Regards, a Saudi company specializing in premium experience gifting, raised $1.5 million in seed funding led by Core Vision... by WAYA Staff - Sep 11, 2024
Markets Egypt’s Inflation Rate Unexpectedly Rises to 26.2 % in August – Egypt’s annual urban consumer price inflation unexpectedly rose to 26.2% in August, up from 25.7% in July, according to... by WAYA Staff - Sep 10, 2024
Money AlBaraka Capital Signs MoU with INVIA to Launch First Revenue-based Finance Fund – AlBaraka Capital, a subsidiary of AlBaraka Bank Egypt, has signed a Memorandum of Understanding (MoU) with INVIA, a leading... by WAYA Staff - Sep 10, 2024
Money Blockchain Sports Ecosystem and Alpha Jossor Investments Sign USD 3.3B MoU – Blockchain Sports Ecosystem and Alpha Jossor Investments have agreed on a Memorandum of Understanding to develop a cutting-edge sports... by WAYA Staff - Sep 10, 2024
Startups Oman-based IO Kitchens Raises USD 2.8M in Seed Round – IO Kitchens, Oman’s leading cloud kitchen startup, has completed a successful seed funding round led by the Tanmia Small-Cap... by WAYA Staff - Sep 10, 2024
Startups Egypt’s FlapKap Secures USD 34M in Pre-series A FlapKap, an Egyptian fintech platform, has announced raising USD 34 million in a pre-Series A funding round, pushing its total... by WAYA Staff - Sep 10, 2024
Money Egypt’s Entlaq Acquires Stake in Brotinni to Fuel Innovation in Food Industry – Entlaq, a Cairo-based think tank and accelerator, has acquired a stake in Brotinni, an Egyptian startup specializing in dark... by WAYA Staff - Sep 9, 2024
Money International Consortium Acquires Tamweely Microfinance for Over USD 52M – A consortium including SPE Capital, EBRD, TCV, and BII has acquired Tamweely Microfinance for over $52 million, purchasing it... by WAYA Staff - Sep 9, 2024