Mair Group for Strategic Investments announced the launch of its operations in Abu Dhabi, to utilize its potential in developing businesses within key economic sectors. Mair Group’s investment portfolio includes a number of major local institutions and companies, including the Abu Dhabi Cooperative Society, which was launched in 1980, and then expanded after its merger with Al Ain, Dalma, and Al […]
Talk360, the international calling app that connects with reliable and affordable calls to any landline or mobile phone, has successfully raised $1.4 million in a Pre-Series A funding round. This round was led by its long-standing investor, Havaic. This capital injection will drive the company’s goal of connecting seven million people by 2025 while strengthening its […]
OMNIYAT GROUP launches BEYOND, a pioneering development company focused on the wider luxury real estate market. As part of this bold initiative, OMNIYAT GROUP has unveiled an extraordinary 11 million square feet strategic project on the Jumeirah coastline, of which 8 million square feet will be dedicated to BEYOND. This visionary development will create a […]
The Dubai Department of Economy and Tourism (DET) has signed a pioneering partnership agreement with noon, the local digital champion, to launch an e-commerce program to further bolster the growth of small and medium enterprises (SMEs) in Dubai. The partnership falls under the wider Dubai Traders initiative, one of the ten transformative initiatives announced by […]
Leading higher education and skills development institutions at Dubai Knowledge Park and Dubai International Academic City are set to welcome thousands of learners from around the world as the 2024-25 academic year commences in the UAE with a wide range of future-focused programmes introduced to help today’s talent meet the needs of tomorrow. Aiming to […]
The commercial real estate market in Abu Dhabi is experiencing a notable surge in demand for commercial office space, especially in A-grade buildings, reflecting robust confidence in the emirate’s economic outlook. As businesses continue to expand and seek modern, high-quality spaces, the demand for premium commercial properties is set to shape the future of Abu […]
Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming […]
Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 21 startups in Cohort 15, increasing the total number of ventures it supports to 243. Following a rigorous selection process, these startups will enter Hub71’s Access program and the specialist ecosystems of Hub71+ Digital Assets and Hub71+ ClimateTech. Collectively, the startups in Cohort 15 have raised USD […]
IFS, a leading provider of enterprise cloud and Industrial AI software, has finalized its CAN$1 billion acquisition of Copperleaf Technologies Inc., a global leader in decision analytics. Following approvals from courts, shareholders, and regulators under the Canadian Competition Act, IFS acquired all outstanding Copperleaf shares for CAN$12.00 each. This acquisition marks a significant milestone in […]
Dubai CommerCity, the first and leading free zone dedicated exclusively to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, signed a memorandum of understanding (MoU) with eBay, a global leader in e-commerce. This MoU aims to establish a framework for cooperation to boost the business growth […]
