Sukna Ventures Archives

Sukna Ventures to Invest USD 80M in Saudi and MENA Startups

Sukna Ventures What happened? Saudi-based Sukna Ventures, the tech investment arm of Sukna Capital, is planning to pump over USD 80 million into startups in the Kingdom and across the Middle East. In a statement...

by WAYA Staff - Jul 20, 2025

Markets

IFC to Lend USD 430M to Maroc Telecom to Power Africa’s 4G Future

Maroc Telecom What happened? IFC and Maroc Telecom are building a long-term partnership to support the subsidiaries of Maroc Telecom...

by WAYA Staff - Jul 20, 2025

Startups

UAE’s Ovasave Secures USD 1.2M to Advance FemTech in MENA

Ovasave What happened? UAE-based Ovasave, a Hub71 FemTech startup, secured USD 1.2 million in pre-seed funding. The round was led...

by WAYA Staff - Jul 20, 2025

Startups

Sukna Ventures to Invest USD 80M in Saudi and MENA Startups

Sukna Ventures What happened? Saudi-based Sukna Ventures, the tech investment arm of Sukna Capital, is planning to pump over USD...

by WAYA Staff - Jul 20, 2025

Markets

FRA Approves Licenses for Saqr, Nawwy, Qardy, NBE, QNB and Erada

FRA Egypt’s Financial Regulatory Authority (FRA) just granted approval to five new companies across real estate investment, SME lending, and...

by WAYA Staff - Jul 17, 2025

Markets

Egypt’s MSMEDA Injects USD 45M to Support MSMEs in Alexandria

MSMEDA The Micro, Small and Medium Enterprises Development Agency (MSMEDA) announced it has pumped EGP 2.2 billion (USD 45M) into...

by WAYA Staff - Jul 17, 2025

Tech

Wittify.ai Raises USD 1.5M to Build Conversational Arabic AI Platform

Wittify.ai What happened? Saudi-based, Wittify.ai, raised USD 1.5 million in a pre-seed funding round. What is next? With the funding,...

by WAYA Staff - Jul 16, 2025

Startups

Morocco’s Ora Technologies Raises USD 7.5M to to Build a Local Superapp

Ora Technologies What happened? Morocco-based e-commerce company, Ora Technologies, raised USD 7. 5 million in a Series A funding round....

by WAYA Staff - Jul 16, 2025

Startups

Uzbek Startup TASS Vision Secures USD 1.5M to Expand to MENA

TASS Vision What happened? Uzbekistan-based startup, TASS Vision, secured USD 1.5 million. The round was led by Purple Ventures with...

by WAYA Staff - Jul 16, 2025

Markets

Saudi Just Made It Easier for GCC Residents to Invest in Its Stock Market

Saudi Capital Market Authority The Saudi Capital Market Authority (CMA) approved a set of amendments that will allow GCC residents...

by WAYA Staff - Jul 15, 2025

Markets

EEP Begins Gulf Expansion with 6 Schools in KSA

EEP Egypt Education Platform (EEP) is preparing to take over the management of four existing schools in Riyadh starting September...

by WAYA Staff - Jul 15, 2025

Sukna Ventures

Sukna Ventures to Invest USD 80M in Saudi and MENA Startups

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