SMALL BUSINESSES Archives

Tasaheel Secures USD 138M Sukuk Issuance to Boost Financial Inclusion

Sukuk Issuance What is the deal? Tasaheel has completed an EGP 7 billion (USD 138M) sukuk issuance in the non-bank financial institutions (NBFIs) sector. Tasaheel is an Egyptian lender for small businesses and entrepreneurs and...

by WAYA Staff - Feb 27, 2025

Startups

Cairo-Based Brite Launches AI-Powered HR Platform Targeting MENA’s SMEs

Egyptian SaaS startup Brite has officially launched its AI-powered HR Business solution, positioning itself as the MENA region’s first people-empowerment...

by WAYA Staff - Apr 22, 2025

Startups

Google Launches 2025 Startup Accelerator Africa applications for AI Startups

Google What happened? Google for Startup Accelerator Africa opened applications for its 2025 cohort. This will be a hybrid program...

by WAYA Staff - Apr 22, 2025

Money

Jordan’s ISSF invests USD 3M in Antler MENAP to Support Local Founders

ISSF What happened? The Innovative Startups and SMEs Fund (ISSF) announced a USD 3 million investment in Antler MENAP Fund...

by WAYA Staff - Apr 22, 2025

Markets

Amwaj International Acquires 18% Stake in Dubai Developer Cleodar

Amwaj What happened? Amwaj International acquired an 18% stake in Dubai-based development firm Cleodar. This acquisition makes Amwaj’s entry into...

by WAYA Staff - Apr 22, 2025

Startups

UAE’s Rise of Fearless Launches Funding Round to Advance Web3 Gaming in Africa

Rise of Fearless What happened? UAE-based mobile gaming platform, Rise of Fearless, are now raising USD 700 thousand in funding...

by WAYA Staff - Apr 22, 2025

Energy

Fuel Prices Drop in Morocco & UAE After Global Oil Prices Fall

Fuel Prices What happened? Current global oil prices are decreasing as the trade war continues to impact the global demand...

by WAYA Staff - Apr 17, 2025

Startups

Flat6Labs & Tawilcom Partner to Launch an Accelerator Program in Morocco

Flat6Labs What happened? Flat6Labs, a MENA venture capital firm, and Tamwilcom signed a partnership, aiming to accelerate the growth of...

by WAYA Staff - Apr 17, 2025

Markets

Iraq’s Growing Economy: Diversification and International Investment Gains

Iraq What happened? According to the World Bank, Iraq is one of the most oil dependent countries in the world....

by WAYA Staff - Apr 17, 2025

Startups

Saudi’s Sadq Raises USD 1.46M to Expand in the Digital Trust Sector

Sadq What happened? Saudi-based Sadq secured USD 1.46 million (SAR 5.50M) in a pre-series A funding round. The round was...

by WAYA Staff - Apr 16, 2025

Markets

China-Algeria Trade Hits USD 4.5B as Partnership Deepens

China and Algeria What happened? Algerian Minister of Industry and Mines, Sifi Ghrieb, emphasized the government’s support for partnership between...

by WAYA Staff - Apr 16, 2025

SMALL BUSINESSES

Tasaheel Secures USD 138M Sukuk Issuance to Boost Financial Inclusion

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