Adaverse invests in Mithu to revolutionize restaurant loyalty programs with Web3

Adaverse, a leading Web3 venture builder, has announced a $500,000 pre-seed investment in Mithu, an innovative loyalty platform aggregator for restaurants and cafes in Saudi Arabia. Mithu aims to solve a critical problem in the loyalty program market, where customers struggle to manage multiple loyalty programs and billions of dollars worth of points expire annually. […]

Meteora acquires DIFC-based real estate crowdfunding platform Maisour

In a strategic move aimed at revolutionising UAE’s real estate investment landscape, Dubai-based Meteora Developers announced today the multi-million dollars acquisition deal of Maisour, a DIFC-based property crowdfunding platform. Maisour’s innovative model of digital fractional ownership has made it possible for people from around the world to invest in Dubai properties with as little as […]

Resal raises a $9mln funding round

Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors. Resal indicated that […]

AURAK tailors Bachelor in Artificial Intelligence to produce market-ready graduates, as AI grows 37.3 % annually

Foreseeing the big impact Artificial Intelligence (AI) is set to make across industries, the American University of Ras Asl Khaimah (AURAK) has tailored its four-year Bachelor of Science in Artificial Intelligence program to produce market-ready graduates. The development comes amid findings that AI is set to become a powerful force in our life and job […]

O2 Group transforms UAE real estate and financial advisory sectors with tailored solutions and Strategic partnerships

O2 Group, a leading player in the UAE’s real estate and financial advisory sectors, is making significant strides in serving affluent individuals and foreign investors, solidifying its position as a key contributor to the region’s thriving economy. As the foremost company managing the influx of foreign investors, O2 Group is committed to offering comprehensive, tailored […]

International developer MERED unveils new headquarters in Dubai Internet City

MERED, an award-winning international real estate developer, has opened its new headquarters within Dubai Internet City, unveiling a 45th-floor office space designed by Pininfarina, an illustrious name in architectural design. The new office, spanning 1,300 sq m, reflects the developer’s continuous growth and evolving design philosophy while incorporating distinctive elements to highlight its unique identity. […]

DMCC concludes roadshows in San Francisco and Denver as it seeks to broaden UAE-US trade and investment flows

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has successfully concluded its second Made for Trade Live roadshow of the United States this year, visiting the cities of San Francisco, California, and Denver, Colorado, as it seeks to broaden UAE-US trade and investment across key […]

Branded Residences Forum launched alongside Future Hospitality Summit 2024 to address rapidly growing sector

Branded residences, one of the fastest-growing sectors in hospitality, will take center stage at FHS World (30 September to 2 October), with a dedicated, full-day conference led by one of the sector’s leading innovators Accor One Living. Debuting at FHS World on 2 October, The Branded Residences Forum will feature workshops and conference sessions exploring […]

Zubair EDC partners with Wadiaa to empower entrepreneurs through innovative crowdfunding solutions

In a significant step towards empowering entrepreneurs with innovative financial solutions, Zubair Enterprises Development Centre (Zubair EDC) – a social initiative by The Zubair Corporation, has signed a strategic partnership with Wadiaa. This collaboration aims to provide cutting-edge crowdfunding solutions that will attract start-ups and investors—both individual and institutional—fostering smart investments and contributing to the […]