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Home > Articles
UAE’s Non-Oil Economy Set for 4% Growth in 2025, Boosted by Rising Investment Inflows-thumnail

UAE’s Non-Oil Economy Set for 4% Growth in 2025, Boosted by Rising Investment Inflows

According to the ‘UAE Macro Outlook’ from the National Bank of Kuwait (NBK), the macro outlook for the Emirate’s economy is set to grow 4 per cent by 2025, as

Business

Oct 18, 2024

Dubai-based Gateway Partners Considering Sale of Tim Hortons Gulf Franchise Stake-thumnail

Dubai-based Gateway Partners Considering Sale of Tim Hortons Gulf Franchise Stake

Dubai-based private equity firm evaluates divesting from the Canadian coffee chain after four years. A private equity firm based in Dubai, Gateway Partners, has resolved to offload its stake in

Business

Oct 18, 2024

8i Ventures Exits M2P Fintech Investment with 12x Returns-thumnail

8i Ventures Exits M2P Fintech Investment with 12x Returns

Venture capital firm 8i Ventures has hogged the limelight in the investment world with an eventful exit from M2P Fintech, where it managed to garner a staggering 12x returns after

Business

Oct 18, 2024

Dubai Islamic Bank Launches ACCESS Auto Finance for People of Determination-thumnail

Dubai Islamic Bank Launches ACCESS Auto Finance for People of Determination

Pioneering inclusivity with tailored financing solutions and vehicle adaptations. ACCESS Auto Finance is a customised financial package launched by the largest Islamic bank in the UAE, Dubai Islamic Bank (DIB),

News

Oct 18, 2024

Eruditus raises $150 mln in the Series F funding round led by TPG’s The Rise Fund-thumnail

Eruditus raises $150 mln in the Series F funding round led by TPG’s The Rise Fund

Edtech unicorn Eruditus has closed a Series F funding round, securing $150 million in investments. TPG’s The Rise Fund is leading the investment drive. Existing investors Softbank Vision Fund 2,

Investment & Funding

Oct 18, 2024

Febi.ai Raises $2 Million in Pre-Series A Funding Round-thumnail

Febi.ai Raises $2 Million in Pre-Series A Funding Round

Febi.ai, an accounting and tax management platform, has just closed its $2 million pre-series A funding round with the investment that came from luminaries such as investment house Lumis Partners,

Investment & Funding

Oct 17, 2024

Korea IT Cooperation Centre UAE Launched at Dubai Internet City-thumnail

Korea IT Cooperation Centre UAE Launched at Dubai Internet City

PC: PR Newswire KICC UAE marks South Korea’s first Middle East hub, bolsters tech cooperation at GITEX Global 2024. The National IT Industry Promotion Agency, an agency of the South

News

Oct 17, 2024

WROGN Raises $9 Mn Funding-thumnail

WROGN Raises $9 Mn Funding

PC: Retails Updates Aditya Birla Digital Fashion Ventures Ltd (ABDFVL) raised its stake in direct-to-consumer fashion brand WROGN by 15.74% by way of a fresh investment of around Rs 75

News

Oct 17, 2024

UAE’s e& Inks $1 Billion Cloud Partnership with AWS-thumnail

UAE’s e& Inks $1 Billion Cloud Partnership with AWS

PC: MENAbytes A six-year agreement to drive digital transformation in healthcare, finance, oil, gas, and more. UAE-based telecom giant e& has signed a $1 billion partnership with Amazon Web Services

News

Oct 17, 2024

Emirates NBD Q3 Net Profit Flat Amid Higher Impairment Charges and Investments-thumnail

Emirates NBD Q3 Net Profit Flat Amid Higher Impairment Charges and Investments

PC: Gulf Business  The Dubai-based bank reports unchanged net profit that misses analyst expectations, despite growth both in the asset base and in net interest income. Dubai’s largest bank by

News

Oct 17, 2024

Slice Raises Rs 71.7 Cr Funding -thumnail

Slice Raises Rs 71.7 Cr Funding 

PC: Inc42 Lending and payments startup Slice has significantly strengthened its financial muscles by bringing in a hefty amount of Rs 71.7 crore ($ 8.6 million) from founder and CEO,

News

Oct 17, 2024

Top 10 Indian Entrepreneurs Who Made It Big in the USA-thumnail

Top 10 Indian Entrepreneurs Who Made It Big in the USA

In today’s fast-paced world of technology, Indian immigrants have become a driving force behind innovation and leadership in the United States. Did you know that of the estimated 7,300 US

Business

Oct 17, 2024


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