Late Thursday, WazirX confirmed that one of its multisig wallets at a cryptocurrency exchange had been hit by a cyber attack, resulting in a loss amounting to over $230 million.

Decline in Dubai Gold Prices The gold price in Dubai dropped drastically on Friday, with the rates falling by Dh5 per gram in the opening session. The Dubai Jewellery Group

In a promising development for the UAE’s burgeoning energy sector. Startups zeroing in on energy innovations raised a sizeable amount of funding in the first half of 2024. According to

Fibr has just raised a whopping $1.8 million in funding. It is an AI-based personalization platform whose round was led by Accel. PC: The Economic Times  Founded in January 2023,

Dubai’s Equitativa, the largest REIT manager in the Gulf region, announced that its subsidiary Emirates REIT had sold Trident Grand Mall, located in Jumeirah Beach Residence, Dubai Marina. This underscores

Dar Global, backed by The Trump Organization, is poised to announce the launch of Trump Tower Dubai. This landmark development is designed to set a new paradigm in Dubai for

Amanat Holdings, a significant company listed on the Dubai stock exchange (AMANT.DU), has shown interest in taking its education platform public. This would indicate the company’s diversification into the field

The popular online eyewear retailer, Lenskart, has reported to have sealed nearly $20 million in funding, which was led by realty developers CJT Investments and TR Capital. In fact, the

Bengaluru-headquartered Fresh Bus, a provider of outstation electric bus services, raised INR 43.7 crore ($5.3 million) in its Series A funding round. PC: Travel News Fresh Bus was founded in

Overview and Financial Performance The second quarter results of Emirates NBD, Dubai’s biggest bank as measured by assets were encouraging compared to what the analysts had predicted, registering 7.1 billion

Adding to one more significant update coming into the heart of the Indian fintech world, Jaipur-based startup Getepay is making an impact by having former Indian cricketer Virender Sehwag enter

Dubai-based Startup Sets Ambitious Plans for Co-Living Expansion Dubai-based smart rental startup Colife has made a strategic move to Hong Kong, looking to capitalise on the escalating demand for co-living