Egyptian state-owned lender Banque du Caire has accepted investors from the UK, the United Arab Emirates, and Africa for an initial public offering (IPO) valued at up to $454 million, opening the share sale to international participants.
The company secured the funding from strategic angel investors to help businesses understand how AI tools describe their products and whether their brands appear in shopping recommendations.
Vrtx has secured in-principle approval from the Saudi Central Bank for an Electronic Money Institution license, which brings the fintech closer to operating under the kingdom’s regulatory framework for digital financial services.
Announced on October 19, 2026, the partnership will connect MoovnPay’s wallet ecosystem to Mastercard’s global payments network, enabling virtual and physical prepaid cards, online payments, peer-to-peer transfers and eligible cross-border remittances.
MAX provides commercial transport operators with access to electric vehicles through a subscription model that combines vehicle financing, battery technology, and fleet management tools.
Etisalat UAE has signed a new multi-year agreement with DataRobot to expand the deployment of artificial intelligence agents across its business operations.
African fintech Kuunda has completed a $5 million secondary share sale led by E4E Africa, giving existing shareholders a liquidity opportunity as the company prepares to expand into seven additional markets.
Saudi Arabian automotive technology startup Autobia has raised $12 million in Series A funding to expand its digital autoparts marketplace, with Artal Capital leading the round.
Pan-African payments company PawaPay has secured a Payment Service Provider (PSP) license from the Bank of Mozambique, allowing it to onboard merchants directly and provide regulated payment services in the country.
UAE fintech platform Numou has partnered with Comera Financial Holding (CFH) to expand financing and digital payment options for small and medium-sized businesses across the country.
