WAYA Media

08/09/2026

Banque du Caire is reportedly moving closer to an IPO on the Egyptian Exchange, with its valuation reaching USD 1.5 billion.

The bank is expected to offer 30% to 40% of its shares by the end of 2026.

The potential listing would add another major banking institution to Egypt’s capital markets and comes as efforts to advance state asset offerings through the exchange.

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بنك القاهرة Banque du Caire

Banque du Caire is moving closer to a potential listing on EGX, with preparations underway to list 30% to 40% of the bank.

07/09/2026

Valu has officially launched its operations in Jordan following a soft launch earlier this year.

The company received a specialized financing license from the Central Bank of Jordan and currently offers Buy Now, Pay Later services within approved credit limits.

Since entering the market, Valu Jordan has been building its local infrastructure, merchant network, partnerships, and team. Its network currently spans sectors including retail, e-commerce, education, electronics, and consumer goods.

The move marks Valu’s expansion from its Egyptian consumer finance business into Jordan as the country’s digital payments ecosystem continues to develop.

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Valu

07/09/2026

ITIDA opened the 41st round of its Information Technology Academia Collaboration (ITAC) Collaborative Funded Projects, offering up to USD 98K (EGP 5M) for projects developing research-based ICT products.

The program is designed to help Egyptian companies move technologies from proof-of-concept or prototype stages toward market-ready products, while strengthening collaboration between businesses, researchers, universities, and research centers.

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Information Technology Industry Development Agency (ITIDA)

06/09/2026

Egypt’s Financial Regulatory Authority (FRA) issued its first comprehensive guide to the rules governing consumer finance activity.

The guide consolidates requirements covering company establishment and licensing, governance, creditworthiness assessments, financial solvency, customer disclosures, debt collection, anti-money laundering, and cybersecurity into a single regulatory reference.

It also includes requirements for insurance coverage for financed customers up to age 65 against death and permanent total disability, with coverage equal to the outstanding financing balance.

The guide is intended to make regulatory requirements easier for companies to identify and apply, while strengthening customer protection and market stability.

Read the full story here: https://waya.media/?p=28776
Financial Regulatory Authority الهيئة العامة للرقابة المالية

06/09/2026

Saudi Arabia’s PayTabs is set to acquire Amazon Payment Services’ MENA payments operations in a transaction valued at more than USD 100 million.

The deal would significantly expand PayTabs’ regional footprint and strengthen its position in MENA’s payments infrastructure market. The combined business is expected to process more than USD 40 billion (SAR 150B) annually, bringing payment processing, automated switching and payouts together through a single platform.

The transaction builds on PayTabs’ existing banking connectivity, regulatory licenses and payment infrastructure, while adding Amazon’s regional payments operations to its platform.
For merchants and businesses, the companies expect the integration to prioritize continuity, with faster onboarding and stronger local compliance among the expected benefits.

Read the full story here: https://waya.media/?p=28767
PayTabs Global | Amazon Pay

04/09/2026

Saudi Arabia-based Rwaj raised USD 1.2M in pre-seed funding to accelerate its growth and product development.

The Jeddah-based startup is building a live social shopping and auction marketplace that brings livestreaming, fixed-price sales, live auctions, payments, and shipping into one platform.

Rwaj uses escrow to hold buyer payments until orders are delivered and confirmed. Its Arabic-first bilingual app supports Mada, Apple Pay, and cards, while serving sellers across the GCC and buyers around the world.

The funding will help Rwaj expand its platform and reach more sellers and buyers across the region and beyond.

Read the full story here: https://waya.media/?p=28764
Rwaj

03/09/2026

Saudi-based HR technology company ZenHR raised USD 6M in an investment round led by Impact46.

The new funding will support the company's next phase of growth across MENA, with investment going toward its HR platform, including employee management, recruitment, performance management, skills assessments, and its earned wage access solution, ZenEWA.

ZenHR currently serves customers across 11 markets and plans to continue investing in AI as it expands its offering.

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ZenHR raised USD 6M led by Impact46 to support the next phase of its growth and expansion across the Middle East and North Africa.

03/09/2026

Saudi gaming startup Takahouse has raised USD 1.5M in an investment round from Impact46.

The company develops mobile games and interactive applications that combine entertainment with social interaction.

The funding will support further product development as Takahouse looks to expand its portfolio and build toward its ambition of becoming a regional game developer
and publisher.

Read the full story here: https://waya.media/?p=28755

03/09/2026

Saudi gaming startup Takahouse has raised USD 1.5M from Impact46 to support product development and expand its portfolio.

Founded in 2018, the company develops mobile games and interactive applications centered on entertainment and social interaction.

The raise gives Takahouse additional capital to develop its product pipeline as it works to establish itself as a regional game developer and publisher.

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Saudi Arabia-based gaming startup Takahouse raised USD 1.5M in an investment round from Impact46 to develop new games.

03/09/2026

Saudi fintech Rabeh raised USD 8.5M from a group of angel investors as it develops a digital platform designed to connect entrepreneurs with investors.

The platform brings together financing services, AI, tokenization, and smart trading tools, with the aim of making investment opportunities more accessible and improving liquidity.

Rabeh’s platform is designed to help entrepreneurs reach potential investors while giving investors a digital environment to discover opportunities.

The funding will support the company as it continues developing its technology and building financial infrastructure for Saudi Arabia’s investment ecosystem.

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