UAE Archives

UAE-Based Navatech Secures USD 750K in First Close of USD 3M Seed Round

– The UAE-based construction tech firm has achieved a $750,000 first close in its $3 million Seed funding round, supported by international investors. – Navatech’s technology focuses on Health & Safety and Worker Welfare, using...

by WAYA Staff - Sep 8, 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

Startups

Saudi PropTech HissaTech Secures USD 667K in Pre-Seed Funding Round

– HissaTech, a Saudi PropTech startup, raised $667,000 in a pre-seed round led by angel investors, aimed at reshaping real...

by WAYA Staff - Sep 9, 2024

Money

Al-Mashat: Egypt To Obtain USD 1.7B in Funding from EU and World Bank

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced in press statement that the country is expected...

by WAYA Staff - Sep 9, 2024