WARBA BANK Archives

Warba Bank Launches USD 200M Islamic Fund

Kuwaiti-Based Warba Bank establishes its USD 200 million Warba Islamic Income Fund with the support of the Maples Group. They were able to allocate capital to their fund through establishing a Cayman Island-based Shariah-compliant structure....

by WAYA Staff - Jan 21, 2025

Tech

Hajj in the Age of AI

Over the past few years, Saudi Arabia has ramped up its investment in artificial intelligence and smart technologies as part...

by WAYA Staff - Jun 2, 2025

Markets

Arab Fund’s SME Arm and Shorooq Expand Credit Access in MENA

The Arab Fund What is happening? The Arab Fund for Economic and Social Development is ramping up its support for...

by WAYA Staff - Jun 2, 2025

Startups

Khwarizmi Ventures Gears Up for USD 120M Fund to Back MENA Startups

Khwarizmi Ventures What happened? Saudi-based VC, Khwarizmi Ventures, plans up to USD 120 million fund to back early-stage startups across...

by WAYA Staff - Jun 2, 2025

Markets

Jordan Halts Foreign Worker Recruitment Pending Labor Market Review

Jordan What happened? Jordan’s Ministry of Labor has officially halted recruitment of foreign workers starting May 29. Moreover, this follows...

by WAYA Staff - Jun 1, 2025

Markets

Egypt’s MSMEDA and World Bank Launch VC Reporting Standard

MSMEDA What happened? MSMEDA, with World Bank support, has partnered up with Visible.vc and Egypt’s top VCs to launch a...

by WAYA Staff - Jun 1, 2025

Startups

Saudi Edtech Taawoni Raises USD 1.6M to Streamline Training Programs

Taawoni What happened? Saudi edtech startup Taawoni closed a USD 1.6 million investment round led by M Capital and other...

by WAYA Staff - Jun 1, 2025

Markets

AdMazad: Egypt’s Outdoor Ad Expenditure Hits EGP 6.3B in 2024

AdMazad AdMazad, developer of AdMetrics, an outdoor advertising performance measurement and analytics tool, released its 5th annual market report. Egypt’s...

by WAYA Staff - May 29, 2025