PC: Zawya Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), signed important Memorandums of
Dubai International Financial Centre (DIFC), one of the developing global financial hubs in the Middle East, Africa and South Asia (MEASA), has launched new technology to allow third parties access
Dubai Startups and Developers Secure Major Investments Dubai’s startup and real estate sectors saw lucrative funding this week. Several companies received financing to promote innovation and growth. From AI-enabled e-commerce
The CBUAE and the Dubai Economic Security Center have signed an MoU for enhanced cooperation and information sharing in combating financial crime. The partnership aims to create a strong sense
MoU Signed to Enhance Investment and Economic Ties The UAE-India Business Council-UAE Chapter (UIBC-UC) and the Maharashtra Industrial Development Corporation (MIDC) have announced a strategic partnership to improve bilateral trade
Dubai’s tech ecosystem keeps thriving along with its innovative startups as they receive significant investments to actualize their ambitious growth plans. This week saw funding secured by two groundbreaking companies
A Significant Milestone Highlights Aditum’s Growth and Commitment to Innovation in Asset Management. Aditum Investment Management is a privately held asset manager with headquarters located within the Dubai International Financial
A Strategic Collaboration for Innovation and Excellence The property platform of choice in the UAE, housez.ae, has just made an official announcement that it will now partner with Innovation Experts
Dubai as the Gateway to Strategic Collaboration Rail Vikas Nigam Limited (RVNL), one of the major railway infrastructure development companies in India, has signed a significant partnership agreement with GBH
Driving Innovation and Sustainability in Dubai The Dubai Electricity and Water Authority (DEWA) has announced a strategic framework to integrate generative AI across its operations, using Microsoft Copilot to enhance
Dubai has solidified its position as a premier destination for international investors, offering more than just luxury homes. The emirate is renowned for providing a unique combination of security, economic
Streamlined Customs Clearance Aramex, a leading global logistics and transportation solutions provider, has reported significant operational improvements thanks to Dubai’s Ports, Customs, and Free Zone Corporation (PCFC) Seamless Inspections initiative.
Strategic Investment to Boost Expansion Across UAE and GCC. GFH Partners, the global asset management subsidiary of GFH Financial Group based in the Dubai International Financial Centre (DIFC), has announced
Nexus Underwriting (“Nexus”), a Brown & Brown group business, has announced its agreement to acquire Arma Fusion Limited, the parent company of Arma Underwriting Limited (“Arma”). Arma, a specialty reinsurance
Dubai’s dynamic financial and entrepreneurial ecosystem remains an attractive platform for global investors to promote innovation in a myriad of sectors. This week was marked by several announcements on funding
This agreement signed between Digital Dubai and the Dubai Future Foundation reflects their commitment to cultivating national talent that can anticipate and shape the future through innovative technologies, concepts, and
Dubai-based private equity firm Fajr Capital is aggressively looking for high-value investment opportunities in sectors including healthcare, data centers, and semiconductors. In fact, the company’s CEO, Iqbal Khan, said that
The Dubai Future Foundation held the AI Connect event today, assembling more than 60 startups, entrepreneurs, government agencies, and investment institutions aimed at accelerating artificial intelligence within the government system
PC: Consultancy.in Strengthening UAE-India Start-Up Collaboration The Founders’ Retreat has become a major platform for coalescing the UAE and India’s start-up ecosystems. Elaborating on the opportunities for cross-border collaborations, Offline
This week, Dubai proved to be a hotbed of innovative technology and startup investments with several key funding announcements. From gametech advancements to blockchain integration and venture capital expansion, UAE-based
Over 3,000 industry leaders, government officials, and sustainability experts have flocked to the 2nd Future Sustainability Summit 2024, hosted by Dubai International Financial Centre (DIFC). The event represents a global
Clemta Intelligence promises streamlined financial operations for MENA entrepreneurs expanding into the US market. PC: X.com Global business formation and management solutions provider Clemta has announced its new product launch,
Badar Rashid AlBlooshi, Chairman of 3DXB Group. PC: Zawya Driving Technological Advancement and Sustainability Within this context, 3DXB Group has reaffirmed its dedication toward coming up with innovative solutions that
PC: Construction Week Online Ultra-luxury property market in Dubai experienced impressive growth in 2024, with Palm Jumeirah and Jumeirah Bay Island becoming the most favorite ultra-high-net-worth individual (UHNWIs) destinations. These
LEOS Developments, a British-born international property developer of note, has launched what it claims is the first climate-adaptive wellness community in Dubai: Knightsbridge. The ceremony took place at Meydan District
A Doha-based bank, Mashreq, a well-established financial institution in the MENA region, has inked a Sustainability-Linked Facility agreement with Landmark Retail, a leading value conglomerate in the Middle East retail
Fastmarkets, one of the world’s largest cross-commodity price-reporting agencies, is pleased to announce a strategic partnership, through a Memorandum of Understanding (MOU) signed with the Gulf Mercantile Exchange (GME). The
Key Milestone in Sustainable Financing The Dubai International Financial Centre (DIFC) recently achieved a significant financial milestone by fully redeeming and repaying a $700 million sukuk on schedule. This successful
Revenue Increases by 11.4% with Profit Before Tax Growing by 27.1%. Spinneys has come out with its nine-month results until 30th September 2024. It highlighted outstanding performance in revenue metrics
Dubai Chamber of Digital Economy, a division within Dubai Chambers, recently held a successful Digital Advocacy Workshop that focused on tackling the funding and investment challenges faced by digital startups.
Strategic Partnership Introduces Integrated Risk Management Solution for Enhanced Operational Resilience. RAKBANK stated that it will enter into a strategic partnership with Paramount and Archer for an advanced Governance, Risk,
168 Luxury Units with Cutting-Edge Technology and Exclusive Design. British property developer LEOS Developments is launching Kensington Gardens, a super-prime residential community located within Nakheel’s enormous 3.95 million square metre
Collaboration Aims to Enhance Capabilities in Asset Tracking, Monitoring, and Remote Management Across Industries. PC: Zawya Recently, the company partnered with ORBCOMM, a global leader in IoT connectivity. It will
PC: PLAC Beam Dubai’s entrepreneurial landscape is gaining momentum, in recent funding rounds that reflect confidence among investors toward the region’s tech-enabled ecosystem. Meanwhile, its tech ecosystem remains a bright
AI-Integrated Community Features Region’s Largest Lagoon and 40+ World-Class Amenities. PC: Arabian Business ONE Development, a boutique UAE-based real estate developer, has announced plans for its flagship project in the
A collaboration aimed at elevating customer engagement and digital transformation strategies. PC: Zawya Liferay, the global leader in digital experience platform solutions, partners with PwC Middle East, one of the
Partnership to modernise technology infrastructure, enhance customer experience, and improve agility. PC: Zawya e& UAE, a telecom industry leader, has announced a significant multi-year technology transformation program with ServiceNow, AI-powered
Partnership to Bring New Heights in Indian Entertainment Industry. PC: MediaNews4U Business tycoon Adar Poonawalla’s company Serene Entertainment has acquired 50% stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment
PC: Construction Week Online Strategic acquisition reinforces TECOM’s leadership in Dubai’s commercial real estate market. TECOM Group PJSC, listed on the Dubai Financial Market (DFM: TECOM), has successfully completed the
TECOM Group’s incubator showcases significant funding increase, spotlighting over 1,000 innovators at Expand North Star. PC: Dubai Holding Pro-innovation policies introduced in Dubai have enabled start-ups operating in TECOM Group
PC: NFTgators Co-led by Polychain Capital and Ethereal Ventures, Yala’s funding will accelerate the development of its modular protocol, expanding Bitcoin’s role in decentralised finance. Yala, a Dubai-based bitcoin liquidity
PC: GCC Business News Partnership to Support Local and Global Expansion of Dubai-based Companies Dubai Chambers signed a Memorandum of Understanding with Dubai Islamic Bank-DIB to further support banking services
PC: Luxliving Real Estate Investor-friendly policies, infrastructure expansion, and expatriate growth drive robust property market performance Record Growth in Property Sales The real estate market of Dubai attracted outstanding power
PC: Vestbee This week, Dubai is ensuring it holds its position as a pivotal platform of financial and technological innovation. Given the massive investments in clean energy, blockchain, climate tech,
PC: TradeDog Strengthened Regulatory Framework to Ensure Transparency and Consumer Protection In this regard, the Virtual Assets Regulatory Authority, VARA, announced a major update in the marketing regulations formulated by
Amplify Growth Partnership Targets MENAT Region with Special Focus on GCC PC: Ajeeb Capital Dubai witnessed the launch of a $100 million private debt fund for growing technology-focused companies in
Major investment in UAE’s leading digital payment provider highlights growth potential in the Middle East Arcapita Group Holdings Limited, a global alternative investment firm headquartered in Bahrain, and Dgpays, one
Anticipates Resource Constraints Amid Dubai’s Real Estate Grow Imran Farooq, CEO, Samana Developers PC: Zawya Initial Investment to Secure Resource Dubai-based Samana Developers said it had established a new contracting
A Dubai-based crypto investment firm joins prominent investors in backing blockchain networks aimed at unifying Bitcoin and Ethereum. PC: citybiz Cypher Capital’s Strategic Investment in Hemi Labs Dubai, UAE-based multi-strategy
Global capital markets infrastructure leader strengthens presence in the Middle East with Dubai office opening. PC: Hossam Zakaria Options Technology, a leading global provider of capital markets infrastructure companies, today
Global broker to attract Foreign Direct Investments and support UAE’s economic growth amid global challenges. Razan Hilal, Market Analyst, CMT at FOREX.com. PC: Zawya FOREX.com, a leading broker and a
PC: Velocity Blog This week saw major news in both the UAE’s financial and fintech sectors, respectively, as the region inches closer toward being a global financial force. From the
PC: Zawya Strategic Partnership Enhances Access to Luxury Vehicles Owning a Porsche has been made easier for those living in the United Arab Emirates through a strategic partnership between Porsche
PC: India Shipping News It said that Dubai-based Sharaf Group will further increase its presence in India’s logistics parks, infrastructure, and food businesses, as the country works toward being more
PDS secures a major trade financing facility to support sustainability goals globally. PC: fibre2fashion A Milestone Partnership for PDS and HSBC PDS, the world’s leading fashion infrastructure platform, is proud
PC: Digital Dubai Strategic Collaboration to Enhance AI Skills in Dubai’s Workforce Digital Dubai, a government-led initiative, has announced its strategic partnership with the Rochester Institute of Technology in Dubai,
PC: Metropolitan Premium Properties Luxury Meets Innovation in Dubai’s Latest Real Estate Collaboration Refine, the Dubai-based leading real estate development and management company, is proud to declare its appointment as
PC: Startup Stash This week, Dubai saw massive funding for several innovative startups, proving the city to be a thriving entrepreneurial hub. From a fintech, workforce management, and AI-driven dating
Expansion Supports UAE’s Operation 300bn and Economic Diversification The subsidiary of the Ducab Group-Ducab Metals Business-announced on Tuesday a significant increase in its production capacity, saying it more than doubles
Surge in International Real Estate Interest Since 2023, Dubai’s real estate sector has been dramatising nothing but an extraordinary renaissance. This is evidenced by the coming of international developers, and
Award-Winning Agency Strengthens Leadership Team for Market Growth One of Dubai’s leading real estate consultancies, Unique Properties, which boasts more than 16 years in the business, is expanding into the
Salik Revises Revenue Guidance, Sees Stock Surge The share price of Salik, Dubai’s road tolls operator, has surged almost 10% since Wednesday after an upward revision of its revenue guidance.
Investment Firm Supports Echelon’s Vision for Capital-Efficient DeFi Solutions In a significant move within the decentralised finance (DeFi) space, Dubai-based Cypher Capital, a multi-strategy crypto investment firm, has announced its
Dubai-Based Venture Capital Firm Plans to Deploy $30 Million in the Coming Months Dubai-based venture capital firm Nuwa Capital is preparing for the long-overdue boom in GCC region capital markets
Partnership Overview and Significance UAE developer Azizi Developments has partnered with multinational conglomerate Larsen & Toubro as suppliers of MEP isolators that are of superior quality. The union will impact
Welcome to this week’s funding roundup, highlighting significant investments and innovative ventures in Dubai and beyond. This edition features Qubit Capital’s groundbreaking fintech platform and Space Intelligence’s climate-focused technology, showcasing
Dubai Business Forum – China Highlights Growing Bilateral Investments and Emerging Sectors Emirati companies based in Dubai have invested a total of $1.4 billion in China from 2015 to 2023,
Dubai-based Luxury Real Estate Developer Aims for Expansion in Key Markets Dar Global PLC, the Dubai-based Luxury Real Estate Developer, made an important announcement on Tuesday. The firm has mandated
PC: LinkedIn Fintech’s Transformative Impact Digital transformation is shaking the very foundations of the financial sector, with fintech—short for financial technology—at the forefront. Inventions in FinTech, such as digital wallets
In a key step toward financial market integration across borders, Dubai Financial Market and Shenzhen Stock Exchange signed an MoU that aims to facilitate cross-border trading and investment between the
Robust Financial Performance Watania International Holding PJSC (DFM: WATANIA; ‘WIH’ or the ‘Company’) has announced a remarkable turn-around in its financial performance for the first half of 2024. In that
Dubai-based proptech startup VeriEstate will raise the benchmark real estate landscape with its all-in-one property assessment platform. Being registered within DIFC’s Innovation Hub, which is the largest in the region,
Strategic Milestone Marks Entry into Middle Eastern Market Global payment solution leader MultiPass has obtained a key financial services licence in the UAE, regulated by Dubai Financial Services Authority (DFSA).
Transaction banking vertical head Intellect Global Transaction Banking has partnered with Dubai-based National Bank of Fujairah. The collaboration will provide NBF with the ability to drive up its digital capacity
Dubai Chamber of Commerce Highlights GCC Market’s Continued Significance The Dubai Chamber of Commerce, one of the Dubai Chambers, has released its trades statistics for the first half of 2024.
Rising Transaction Volumes The real estate market of Dubai is fighting well against predictions of a slowdown and could finally break free from its traditional boom-and-bust cycles. Further driving the
Overview of the Acquisition Al Ansari Financial Services, a major listed company on the Dubai Financial Market, yesterday acquired Bahrain’s BFC Group Holdings WLL for $200 million. The acquisition would
Introduction to Verbatica Verbatica is an up-and-coming UAE-based EdTech startup that raised US$700,000 in angel investments for revamping its language learning platform. The funds will help the company achieve its
Simplifying Business Formation in Dubai EWBS, one of the fast-growing business consulting firms in Dubai, has announced a breakthrough service for setting up businesses in the city. It will help
Residential Property Boom In this respect, Dubai South has been the hub of newfound activity in real estate, with residential property transactions surging 11% remarkably. This growth at the helm
Digital Dubai has launched a pioneering initiative designed to revolutionise government operations through improved data standards and integrating artificial intelligence. The move reaffirmed Dubai’s commitment to being a global leader
Dubai Humanitarian, the world’s largest humanitarian hub, and Heriot-Watt University Dubai have entered into a strategic partnership agreement regarding capacity building and nurturing innovation in the arena of humanitarian quarters.
While Dubai’s property boom continues undiminished, the branded residences sector has been in the thick of it all, attracting heavy interest. Branded residences, typically associated with luxury hotel brands, have
The news in recent times has been rife with one of the biggest names in Gulf real estate: Gulf Land Property Developers. Gulf Land has allied itself with the international