Drinkit unveils five new Dubai locations: The future of coffee just got closer

Drinkit, the UAE’s go-to digital-first coffee shop, is set to enhance its presence with five new locations opening across Dubai by the end of 2024. This expansion ensures that Drinkit’s expertly crafted, artisanal beverages are more accessible to residents and visitors, promising a premium coffee experience just around the corner. The new venues are set […]

IO Kitchens secures $2.8mln seed funding to accelerate regional expansion and innovation

IO Kitchens, Oman’s premier cloud kitchen startup, is excited to announce the successful completion of a $2.8 million seed funding round, positioning the company for rapid growth and innovation. This milestone funding, led by Tanmia Small-Cap Fund and supported by a diverse group of family offices and regional investors, marks a pivotal moment in IO […]

Inovartic Investment and Abu Dhabi University forge partnership

Inovartic Investment, a leading technology innovation company, has signed a Memorandum of Understanding (MOU) with Abu Dhabi University (ADU) to foster collaboration in cybersecurity, Artificial Intelligence (AI), and advanced materials, mainly graphene. The partnership also aims to enhance training programs and facilitate the exchange of expertise between the two entities in the technological landscape. The […]

Finstreet to launch first regulated digital venue in ADGM for trading both Private and Public Securities

Rorix Holdings’ subsidiary, Finstreet, announces the granting of eight licences to its subsidiary entities to launch the first Digital MTF, Central Securities Depository, Private Financing Platform under one ecosystem. This category defining financial market infrastructure, and its combination of activities, makes it the first of its kind to operate across the global markets from Abu […]

GCC eyes early lead in global AI race

Photo: Jad Haddad, Global Head of Oliver Wyman Quotient. Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), recently released insights into the rapidly evolving landscape of artificial intelligence (AI), revealing significant opportunities that AI presents, while also highlighting growing concerns surrounding its adoption, from the pace of development […]

4Sale, Kuwait’s largest online classifieds platform, expands its car dealer partnerships

4Sale, Kuwait’s leading online classifieds platform, announces an expansion of its automotive partnership network – to include prestigious used car dealerships in Kuwait. The new partnerships will offer customers an even broader selection of high-quality used vehicles from world-class brands such as BMW, Land Rover, and Peugeot. Customers will also benefit from the convenient and […]

Dubai maintains its ranking as the most transparent property market within the MENA region

Photo: His Excellency Eng. Marwan Ahmed bin Ghalita, Director General of Dubai Land Department.  The UAE has made significant strides in global real estate market transparency, with Dubai and Abu Dhabi securing a place among the top 5 improvers in the transparency score globally, according to JLL’s 2024 Global Real Estate Transparency Index (GRETI). Dubai […]

UAE and Egypt explore development of economic partnership in new economy, transportation, entrepreneurship, circular economy, and industry

H.E. Abdulla Bin Touq Al Marri, Minister of Economy, held bilateral meetings with H.E. Lieutenant General Eng. Kamel El Wazir, the Deputy Prime Minister for Industrial Development and the Minister of Industry and Transport of Egypt, and H.E. Dr. Rania Al Mashat, Minister of Planning, Economic Development, and International Cooperation. The discussion was aimed at strengthening the economic partnership between the UAE […]

Billion-dollar Indian Edtech Unicorn Physics Wallah grows 4x in the UAE Market and eyes further expansion

Physics Wallah (PW), India’s leading multinational edtech platform committed to democratizing education globally, has made its first international foray by entering the UAE market through a strategic partnership with Knowledge Planet in 2023. Since then, operating as PW Gulf in the region, the platform has achieved 4x growth, further solidifying its position as a dominant […]