Investors rush for company ownership after UAE law change
Dozens of foreign investors in Dubai have taken advantage of the amended Commercial Companies Law, allowing them to establish and fully own onshore companies in the first couple of days […]
Dubai to host the Supreme Blockchain Conference
On May 27, Dubai will host the Supreme Blockchain Conference dedicated to the most important trends in the cryptocurrency market. Investors, global blockchain projects, representatives of funds, influencers and decentralized platforms, heads […]
Saudi startup Retailo closes $9m in seed funding
Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised […]
Dubai 3D start-up Entourage sees future in ‘hybrid events’
Dubai will be hosting its first major in-person exhibition of the year – the Arabian Travel Market. It will set the marker on how the city gets back to being […]
UAE’s Masdar makes first investment in Greece
Masdar and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed […]
MENA energy investments to exceed $805 billion
Investments worth $805 billion are expected to make their way into the Middle East and North Africa energy sector over the next five years, according to the Arab Petroleum Investments […]
Edtech startup upGrad gets first external funding
Indian edtech startup upGrad has raised its first external funding, six years after the startup was launched. The Ronnie Screwvala-led startup has raised $120 million from Singapore-based Temasek. The valuation […]
Family offices accelerate investments in startups
Family offices are all set to accelerate their investments in startups this year with tech-based startups particularly being high in demand. Sir Anthony Ritossa, chairman, Ritossa Family Office, said: “Global […]
Fintech developer Securrency raises $30 million, to expand in UAE
Securrency, which develops digital infrastructure for banks and other financial service providers, said that it had raised $30 million it its latest funding round, valuing the company at around $110 […]
Saudi and UAE investors welcome first spell earnings
Saudi banks cheered investors after reporting massive profit gainsSaudi Arabia and Abu Dhabi stocks moved higher, led all the way by their banks that outperformed after the strong three-month results […]