Markets

EFG Hermes Just Opened Its Institutional Funds to Everyone. Here Is What Is Now Available.

EFG Hermes has launched five mutual funds on its EFG Hermes ONE app, giving retail investors direct access to the...

by WAYA Staff - Apr 9, 2026

Startups

Prosperity7 Joins NeuBird AI’s USD 19.3M Round. Enterprise AI Infrastructure Is Getting Backed Early.

US-based NeuBird AI has raised USD 19.3 million with participation from Prosperity7 Ventures, signaling continued investor conviction in foundational AI...

by WAYA Staff - Apr 9, 2026

Money

Kuwait Caps Cash Payments at KWD 10 for Select Sectors. Informal Transactions Are Being Pushed Into the System.

Kuwait is drawing a hard line on cash. In some sectors, it is effectively removing it. The Ministry of Commerce...

by WAYA Staff - Apr 8, 2026

Markets

BinDawood Acquires 51% of Vaza Food for USD 58M. The Shift to Premium Is Accelerating.

The Saudi retailer is taking a 51% stake in a fast-growing food manufacturer as it looks to expand into higher-margin...

by WAYA Staff - Apr 8, 2026

Startups

Falak Startups Exits Delta Oil at 25.5x. Venture Building Is Translating Into Real Returns

This exit signals how Egypt’s startup ecosystem is beginning to mature beyond funding into outcomes Falak Startups, a government-backed startup...

by WAYA Staff - Apr 8, 2026

Startups

Orange’s OSVP Competition Returns for 2026. The Opportunity Is Regional Scale.

Orange is reopening applications for its startup competition. But the real value is not the prize, it is access to...

by WAYA Staff - Apr 7, 2026

Startups

z.systems Raises USD 1.65M Seed Round. B2B Commerce Infrastructure Is Starting to Digitize.

A fragmented USD 40B market is beginning to organize itself around platforms. Morocco’s z.systems raised USD 1.65 million in a...

by WAYA Staff - Apr 7, 2026

Markets

Uber Shuts Down Shuttle Service in Egypt. Shared Mobility Is Proving Harder to Scale.

Uber is stepping back from one of its most locally adapted bets in Egypt. The company is shutting down its...

by WAYA Staff - Apr 7, 2026

Startups

Maison Safqa Raises USD 620K Pre-Seed. The GCC’s Luxury Overstock Market Is Becoming a Business Model.

A Saudi startup is turning excess luxury inventory into a structured market. Why You Should Care Luxury brands in the...

by WAYA Staff - Apr 7, 2026

Startups

Egypt’s Lucky Raises USD 23M Series B. Its Consumer Credit Model is Expanding Into North Africa

Egypt’s Lucky is moving from consumer credit to something closer to a full-stack financial platform. Why You Should Care Consumer...

by WAYA Staff - Apr 7, 2026