UGFS-VC Archives

ANAVA Backs UGFS-VC’s New Fund With USD 4M to Boost Tunisian Startups

ANAVA What happened? United Gulf Financial Services Venture Capital (UGFS-VC) announces the first close of its early-stage investment fund, New Era Fund I. The fund successfully secured approximately USD 7.5 million ( EUR 7M) towards...

by WAYA Staff - Apr 30, 2025

Markets

What’s New in Egypt’s Labor Law? Key Changes Explained.

New Labor Law After years of drafts and debates, Egypt’s new Labor Law has been passed by parliament. It replaces...

by WAYA Staff - May 1, 2025

Tech

Morocco Invests USD 1.1B to Develop Advanced Data Centers

Morocco What is happening? Morocco launched the Digital Morocco 2030 plan involving an investment of USD 1.1 billion in the...

by WAYA Staff - Apr 30, 2025

Money

ANAVA Backs UGFS-VC’s New Fund With USD 4M to Boost Tunisian Startups

ANAVA What happened? United Gulf Financial Services Venture Capital (UGFS-VC) announces the first close of its early-stage investment fund, New...

by WAYA Staff - Apr 30, 2025

Startups

erad Raises USD 16M to Expand SME Financing in Saudi and the GCC

erad What happened? Erad raised USD 16 million (SAR 60M) in a Pre-Series A funding round. The round was led...

by WAYA Staff - Apr 30, 2025

Tech

Meta Launches Standalone AI App to Rival OpenAI and Google

Meta AI What happened? Meta launched a separate app for its Meta AI assistant. This comes with the goal of...

by WAYA Staff - Apr 30, 2025

Startups

CleanMob Raises USD 1.3M to Improve Fleet Management

CleanMob What happened? CleanMob raised USD 1.3 million in a seed funding round. The round was led by BPI France,...

by WAYA Staff - Apr 29, 2025

Real Estate

Talaat Mostafa and Sawiris Plan Cities in Iraq with USD 17B Investments

Iraq What is happening? Recently, Iraq has been witnessing a surge in stability and a growing economy. There has been...

by WAYA Staff - Apr 29, 2025

Startups

UAE’s True Gamers Raises USD 5M in Seed Funding to Scale Across MENA

True Gamers What happened? UAE’s True Gamers secured USD 5 million in a seed funding round. This comes after it...

by WAYA Staff - Apr 29, 2025

Real Estate

Guira Developments Unveils Mazeej Giza Overlooking the Great Pyramids

Guira Developments has announced the launch of Mazeej Giza, its first flagship project in Cairo. The company, known for boutique...

by WAYA Staff - Apr 28, 2025

Markets

iMENA Group Raises USD 135M Ahead of IPO in Saudi Arabia

iMENA Group What happened? iMENA Group raised USD 135 million in capital as it plans for its initial public offering...

by WAYA Staff - Apr 28, 2025

UGFS-VC

ANAVA Backs UGFS-VC’s New Fund With USD 4M to Boost Tunisian Startups

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