Overview of Financial Performance The Dubai Financial Market (DFM) released its consolidated financial results for H1 2024, showing a strong growth in comparison to the same period in 2023. Net
Business
Jul 30, 2024
Rapido, turning into an Indian bike-taxi aggregator and auto-rickshaw, has attained unicorn status on the back of a fresh funding round. The firm has been able to raise $120 million
M2P Fintech, an API infrastructure platform formerly known as Yap, is on the verge of closing a large funding round. Sources in the know have told that the Bengaluru-based company
Jul 29, 2024
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
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
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
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
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
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
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
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
Jul 27, 2024
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
Aug 1, 2026