SpotDraft, a top contract lifecycle management (CLM) platform, has raised $54 million in its Series B funding round, with Vertex Growth Singapore and Trident Partners leading the investment. The round

PC: Zawya The Dubai Real Estate Brokerage and Property Management Group and the Innovation Experts Real Estate Institute have signed an MoU that aims to enhance training and networking opportunities

PC: Zawya Digital Dubai, together with the International Telecommunication Union (ITU) and the United Nations International Computing Centre (UNICC), has initiated the first-ever UN Citiverse Challenge. This initiative is bent

PC: Business Wire Lucidity, a multi-cloud storage management platform, has raised $21 million in a Series A funding round. WestBridge Capital led the round, with existing investor Alpha Wave joining

Dubai Future Foundation (DFF) and IBM have signed a Memorandum of Understanding (MoU) to strengthen Dubai’s position as a global hub for artificial intelligence (AI). The agreement, signed at the

Dubai International Financial Centre (DIFC), one of the developing global financial hubs in the Middle East, Africa and South Asia (MEASA), has launched new technology to allow third parties access

The UAE’s largest Islamic bank, Dubai Islamic Bank (DIB), achieved a good financial performance for 2024, reflecting the resilience of the bank along with its growth strategy. The bank announced

Rapido, a world brand in the ride-hailing sector, announced that Prosus has raised ₹250 crore (about $29.7 million) in Series E funding. This investment comes in 7 months after the

UAE telecommunications company du has announced record-breaking financial results for 2024, reflecting significant growth in revenue and profit. The company reported a revenue of AED 14.64 billion, representing a 7.3%

Croft Beverages, an exciting new sustainable tea company, has managed to raise a sum of $125,000 from a pre-seed funding round. This deal, including both equity and debt, has been

Azizi Developments, another one of the esteemed UAE-based private real estate developers, announced the sale of 99% of all the units in its latest residential project, Azizi Neila, located in

In the venture capital industry, a great development has recently been witnessed when two of Peak XV’s key managing partners announced their decision to leave the organization. This was a