Markets

EFG Hermes Launches Risk-Based Digital Advisory Service with Kenzi Wealth

EFG Hermes EFG Hermes, an EFG Holding company and MENA’s leading investment bank, has partnered with Denmark’s Kenzi Wealth to...

by WAYA Staff - Sep 3, 2025

Markets

Saudi Delivery Startup Ninja Eyes IPO After USD 1.5B Valuation

Ninja Saudi-based delivery service firm Ninja is looking for investment banks to advise on a potential initial public offering (IPO)....

by WAYA Staff - Sep 3, 2025

Startups

QIA Joins USD 13B Series F Round for US-Based Anthropic

Anthropic Qatar Investment Authority (QIA) invested in US-based AI safety and research company, Anthropic. It joined Anthropics’s USD 13 billion...

by WAYA Staff - Sep 3, 2025

Markets

Saudi’s Monsha’at Launches USD 400M ‘Estrdad’ to Refund Startup Government Fees

Estrdad Saudi’s Small and Medium Enterprises General Authority, Monsha’at, launched the second edition of the ‘Estrdad’ initiative. This initiative intends...

by WAYA Staff - Sep 2, 2025

Tech

Egypt’s MCIT Launches Digitopia Competition with Prizes Worth EGP 10M

 Digitopia Egypt’s Ministry of Communications and Information Technology (MICT) launched its first edition of the national tech competition Digitopia in...

by WAYA Translate - Sep 2, 2025

Startups

UAE’s WheelsOn Raises USD 12.5M to Scale Digital Car Rental Platform

WheelsOn UAE’s mobile-first car rental platform, WheelsOn, secured USD 12.5 million in  funding round. This includes USD 2.2 million in...

by WAYA Staff - Sep 2, 2025

Markets

CBE Authorize Banks to Establish Service Units Nationwide

CBE The Central Bank of Egypt (CBE) announced its issuance of new regulations that allow banks to establish service units...

by WAYA Staff - Sep 2, 2025

Startups

Intella Raises USD 12.5M to Scale Arabic AI Models and Enterprise Tools

Intella Arabic-speech intelligence company Intella raised USD 12.5 million in a Series A funding round. The round was led by...

by WAYA Staff - Sep 2, 2025

Startups

Morocco’s Justyol Raises USD 1M to Scale E-Commerce Platform Across North Africa 

Justyol Morocco’s e-commerce platform, Justyol, raised USD 1 million in funding and financing. The funding structure consists of USD 400...

by WAYA Staff - Sep 2, 2025

Startups

India’s TransBnk Raises USD 25M to Expand to the Middle East

TransBnk India’s banking infrastructure startup, TransBnk raised USD 25 million in a Series B funding round led by Bessemer Venture...

by WAYA Staff - Sep 1, 2025