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TCW Group Expands Global Footprint with New Dubai Office-thumnail

TCW Group Expands Global Footprint with New Dubai Office

New Office to Serve Sovereign and Institutional Clients in the Middle East TCW Group, Inc., a global asset manager and investment management leader, is expanding into the Middle East with

Business

Aug 28, 2024

Salik Expects Revenue Growth of 7-8% in 2024 with New Toll Gates Launch-thumnail

Salik Expects Revenue Growth of 7-8% in 2024 with New Toll Gates Launch

Dubai-listed road toll operator Salik has increased its revenue growth forecast for 2024 to 7-8 percent following the opening of two new toll gates worth AED 2.734 billion ($646 million).

Business

Aug 28, 2024

BharatPe Enters Consumer Payments Space, Introduces New App to Compete with PhonePe and Paytm-thumnail

BharatPe Enters Consumer Payments Space, Introduces New App to Compete with PhonePe and Paytm

Fintech firm BharatPe has entered the consumer payments business by rebranding its PostPe app as BharatPe. In doing so, it has also pitted itself against established players like PhonePe, Google

Business

Aug 28, 2024

Nuwa Capital Anticipates an Increase in Early-stage Deal Volumes in the GCC, with Startups Expected to Concentrate on Capital Market Opportunities-thumnail

Nuwa Capital Anticipates an Increase in Early-stage Deal Volumes in the GCC, with Startups Expected to Concentrate on Capital Market Opportunities

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

Business

Aug 28, 2024

Servify Secures Rs 84 Crore in Series D Funding Round Led by Bajaj Holdings, Trifecta, and Innoven Capital-thumnail

Servify Secures Rs 84 Crore in Series D Funding Round Led by Bajaj Holdings, Trifecta, and Innoven Capital

Servify, a leading post-sales service company focused on brand-authorized support for a broad category of consumer electronics, has raised Rs 84 crore, or about $10 million, in a fresh tranche

Business

Aug 28, 2024

Amazon Set to Enter India’s Quick Commerce Market, Challenging Established Players-thumnail

Amazon Set to Enter India’s Quick Commerce Market, Challenging Established Players

In a bold move, Amazon is all set to make its presence felt in the growing quick commerce sector of India, with an intention to give a severe jolt to

Business

Aug 28, 2024

VerSe Innovation Acquires Valueleaf Group to Accelerate Growth-thumnail

VerSe Innovation Acquires Valueleaf Group to Accelerate Growth

VerSe Innovation-which powers Dailyhunt, the country’s most read vernacular news aggregator, and Josh, a fast-growing short video platform-announced its latest move: the acquisition of digital marketing firm Valueleaf Group in

Business

Aug 28, 2024

Dubai’s Rise as a Global Hub for Hedge Fund Traders, Supported by Writer Relocations-thumnail

Dubai’s Rise as a Global Hub for Hedge Fund Traders, Supported by Writer Relocations

UAE Emerges as a Prime Destination for Hedge Fund Traders Dubai, UAE –The United Arab Emirates is one of the fastest-growing destinations in favor among hedge fund traders and financial

Business

Aug 27, 2024

Emirates REIT Considers Refinancing Options Including New sukuk-thumnail

Emirates REIT Considers Refinancing Options Including New sukuk

Profitability Affected by Rising Costs and Interest Rates In order to help refinance Emirates REIT after a tough financial period in the first half of 2024, the Dubai-based fund is

Business

Aug 27, 2024

UAE Web3 Streaming Platform ‘myco’ Raises $10 Million in Series A Funding-thumnail

UAE Web3 Streaming Platform ‘myco’ Raises $10 Million in Series A Funding

Major Investors from MENA, North America, and Europe Back Dubai-Based Platform Dubai-based Web3 streaming platform, myco, has successfully raised $10 million in the first closing of its Series A funding

Business

Aug 27, 2024

DeepMatrix Raises $1.6M to Revolutionize Geospatial Data Management-thumnail

DeepMatrix Raises $1.6M to Revolutionize Geospatial Data Management

YourNest and Arali Ventures have led the round of $1.6 million raised by deeptech startup DeepMatrix. Angel investors in the round include Abhishek Goyal, the founder of data-intelligence platform Tracxn.

Business

Aug 27, 2024

UAE’s Hodler Investments Launches $500 Million Digital Energy Fund-thumnail

UAE’s Hodler Investments Launches $500 Million Digital Energy Fund

Targeting Middle East, Africa, and North America Markets, the Fund Aims for Sustainable Energy Innovation The UAE-based Hodler Investments, headquartered at Dubai Silicon Oasis, announced that it would develop the

Business

Aug 27, 2024


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