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Drake & Scull International Returns to Profitability After Restructuring-thumnail

Drake & Scull International Returns to Profitability After Restructuring

PC: The National Overview of Drake & Scull International’s Financial Turnaround The Dubai-based contractor Drake & Scull International was successful in achieving one of the main milestones by returning to

Business

Jul 29, 2024

Network International and Biz2X Partner to Boost SME Financing in UAE-thumnail

Network International and Biz2X Partner to Boost SME Financing in UAE

Network International, one of the leading digital payment facilitators across the Middle East and Africa, has inked a strategic partnership with Biz2X to strengthen SME financing within the UAE. This

Business

Jul 29, 2024

Gruner Renewable Energy Secures $60 Million to Advance CBG Projects in India-thumnail

Gruner Renewable Energy Secures $60 Million to Advance CBG Projects in India

Noida-based Gruner Renewable Energy has raised USD 60 million in funding, an ambitious move to strengthen India’s clean energy sector. This gigantic investment will help the company augment its presence

Investment & Funding

Jul 29, 2024

Dubai Chamber Strengthens Digital Business Ecosystem Through Strategic Partnerships and Digital Startups-thumnail

Dubai Chamber Strengthens Digital Business Ecosystem Through Strategic Partnerships and Digital Startups

The Dubai Chamber of Digital Economy has recorded major accomplishments in the first half of 2024. Among the long list of achievements, one such is that it successfully facilitated the

Business

Jul 29, 2024

MapMyIndia Accuses Ola Electric Of Data Copying, Issues Legal Notice-thumnail

MapMyIndia Accuses Ola Electric Of Data Copying, Issues Legal Notice

The parent company of MapMyIndia, CE Info Systems, has now sent a legal notice to Ola Electric, alleging that it has copied data without consent. This follows Ola Electric having

Business

Jul 29, 2024

In Series A; EV scooter maker Simple Energy raises $20 Mn-thumnail

In Series A; EV scooter maker Simple Energy raises $20 Mn

Electric vehicle (EV) and clean energy startup Simple Energy has successfully raised $20 million in its Series A funding round. This round saw participation from high-net-worth individuals (HNIs) associated with

Business

Jul 29, 2024

Franklin Templeton Launches UAE Funds to Attract Retail Inflows-thumnail

Franklin Templeton Launches UAE Funds to Attract Retail Inflows

Global investment management firm Franklin Templeton is planning to increase its Middle East presence by launching seven feeder funds into the UAE, enabling the company to attract retail investors in

Business

Jul 29, 2024

Weekly Funding Round-up of Indian Startups: July 22-27, 2024-thumnail

Weekly Funding Round-up of Indian Startups: July 22-27, 2024

This week saw a significant deceleration in funding in the Indian startup ecosystem. The week also came with 22 startups successfully raising approximately $113.39 million against $261.21 million in the

Business

Jul 27, 2024

Dubai Real Estate Market Surges Ahead in 2024: Growth, Trends, and Investment Insights-thumnail

Dubai Real Estate Market Surges Ahead in 2024: Growth, Trends, and Investment Insights

Overview of the Real Estate Sector Exuding strength, Dubai’s realty sector is literally abuzz with substantial residential developments and growing property values in 2024. According to a recent report published

News

Jul 27, 2024

Ather Energy, IPO-bound, Raises Rs 60 Cr Debt-thumnail

Ather Energy, IPO-bound, Raises Rs 60 Cr Debt

Ather Energy is a Bengaluru-based electric scooter manufacturer who has been putting a stir in the EV market. It has raised Rs 60 crore, around over $7 million, in debt

Business

Jul 27, 2024

Weekly Roundup (22nd July-27th July, 2024) : Funding Report of Dubai-thumnail

Weekly Roundup (22nd July-27th July, 2024) : Funding Report of Dubai

Welcome to this week’s roundup of the latest funding news from Dubai’s bustling startup ecosystem. This week, we zero in on massive investments in sectors like retail IT solutions, EdTech,

Investment & Funding

Jul 27, 2024

India Ups Ammunition Production Funding to Boost Military Preparedness-thumnail

India Ups Ammunition Production Funding to Boost Military Preparedness

The government of India will spend more money on the production of ammunition. The move is in order to prepare the country for prolonged wars, reduce dependency on imports for

News

Jul 27, 2024


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