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DMCC Contributes 15% to Dubai’s Foreign Direct Investment-thumnail

DMCC Contributes 15% to Dubai’s Foreign Direct Investment

The Dubai Multi Commodities Centre, the world’s leading free zone and Dubai’s Government authority on commodities trade, published its key performance results for the first half of 2024. The report

Business

Aug 12, 2024

Dubai-based Company to Invest $225M in Uganda’s UTel-thumnail

Dubai-based Company to Invest $225M in Uganda’s UTel

Introduction of Major Investment In a deal estimated at $225 million, Dubai-based RCC LLC  is poised for an investment in Uganda Telecommunication Corporation, hence driving transformation in the East African

Business

Aug 12, 2024

Wealthtech Firm Neo Raised $48 Mn In Funding Round Led By MUFG, Euclidean Capital-thumnail

Wealthtech Firm Neo Raised $48 Mn In Funding Round Led By MUFG, Euclidean Capital

Neo, a fast-growing wealthtech firm in the space of wealth and asset management, announced that it had closed $48 million in Series B funding. The event was led by MUFG

Business

Aug 12, 2024

Oyo Raises Close to $175 Mn in Series G Round-thumnail

Oyo Raises Close to $175 Mn in Series G Round

Hospitality giant Oyo has raised about $175 m in a Series G funding round. It included investors like InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma

Business

Aug 12, 2024

Adhar Beverages Expands Horizons with Strategic Dubai Partnership-thumnail

Adhar Beverages Expands Horizons with Strategic Dubai Partnership

PC: The Economic Times Adhar Beverages Private Limited is an Indian beverage company with huge growth potential. It has announced a gigantic step toward international expansion. This innovative product range,

News

Aug 10, 2024

Dubai Weekly Funding Roundup Report : 5th August – 10th August 2024-thumnail

Dubai Weekly Funding Roundup Report : 5th August – 10th August 2024

PC: Entrackr Oraseya Capital’s Strategic Investments Oraseya Capital, DIEZ’s venture capital arm, has announced an investment of over $1 million in seven innovative tech startups. Each of the selected startups

Investment & Funding

Aug 10, 2024

USD 1 Million In Funding Raised By Oneiric11 Gaming Raises-thumnail

USD 1 Million In Funding Raised By Oneiric11 Gaming Raises

PC: Entrakr  Oneiric11 Gaming, an e-sports and gaming fast-growing platform sponsored by actor Rannvijay Singha, has raised almost USD 1 million in Pre-Series A funding. This major capital injection will

Investment & Funding

Aug 10, 2024

Funding Week in Indian startup this week [5 – 10 Aug]-thumnail

Funding Week in Indian startup this week [5 – 10 Aug]

PC: Bankrate Indian Startup Ecosystem Shows High on Energy—29 Startups Raise $177.68 Million From August 5th to August 10th, 2024. The amount collectively infused into 29 startups during this week

Investment & Funding

Aug 10, 2024

India Raises $782.4 Million From the Green Climate Fund for Climate Mitigation and Adaptation Projects-thumnail

India Raises $782.4 Million From the Green Climate Fund for Climate Mitigation and Adaptation Projects

India has won commitments of $782.4 million from the Green Climate Fund toward mitigation and adaptation climate projects, thus registering some major success in the global fight against climate change.

Business

Aug 9, 2024

MultiPass Expands Footprint with Financial Services Licence in UAE Regulated by Dubai Financial Services Authority (DFSA)-thumnail

MultiPass Expands Footprint with Financial Services Licence in UAE Regulated by Dubai Financial Services Authority (DFSA)

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).

Business

Aug 9, 2024

Dubai Investments Reports $111.4 Million Net Profit for H1 2024-thumnail

Dubai Investments Reports $111.4 Million Net Profit for H1 2024

Overview Dubai Investments reports first-half 2024 results which can be seen by some of the positive trends and others per general performance. The company realised a net profit after tax

Business

Aug 9, 2024

CloudPay Raises $120m Funding Led By Blue Owl Capital -thumnail

CloudPay Raises $120m Funding Led By Blue Owl Capital 

Andover-based CloudPay, an independent global payroll and payment services provider, announced that it has closed its funding round worth $120 million. Such an investment was led by Blue Owl Capital

Business

Aug 9, 2024


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