Following a successful 4-month submissions phase, the Zayed Sustainability Prize, the UAE’s pioneering global award for recognising excellence in sustainability, has officially closed entries for its 2023 awards cycle. Over 4,500 applications were received across the five Prize categories of Health, Food, Energy, Water and Global High Schools, from a record 152 countries, demonstrating the […]
Category: LATEST NEWS
Emaar Development records highest ever property sales of AED 15.216bln
Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business, majority-owned by Emaar Properties PJSC (DFM: EMAAR) achieved its highest ever property sales during the first half (January to June) of 2022 underpinned by recent successful launches creating value for the future. Property sales for H1 2022 is increased by 10% to AED 15.216 […]
Gulf Air and Ras Al Khaimah International airport sign on commencement of services to Ras Al Khaimah
Gulf Air, the national carrier of the Kingdom of Bahrain, in co-ordination with Ras Al Khaimah International Airport (RAK International Airport), will commence schedule services to Ras Al Khaimah on 3rd October 2022. The service will commence with a view to establish a year-round scheduled operation between the two airports connecting the Emirate of Ras […]
KPMG and SPGC uncover the secret to family businesses’ transgenerational success
In the Global Family Business Report 2022, KPMG and the STEP Project Global Consortium identified three key elements that family businesses are leveraging to facilitate their prolonged sustenance, resilience and regenerative ability. These are entrepreneurial orientation, socioemotional wealth and motivational leadership. The report titled ‘The regenerative power of family businesses — Transgenerational entrepreneurship’ is a […]
Survey finds three-quarters of mid-market businesses have not taken action to deal with inflation
New research by Grant Thornton has revealed the majority of mid-market businesses have failed to take adequate steps to protect their operations against the threat of inflation. Research from Grant Thornton’s International Business Report shows concerns about key cost categories running at or very near record highs around the world. Approximately 5,000 mid-market businesses across […]
Call for innovative entrepreneurs to register for street food kiosks and food carts at Global Village Season 27
Innovative entrepreneurs of the UAE – get ready to launch your big idea at Global Village – the region’s biggest culture, shopping and entertainment destination. All set for season 27 this October, Global Village is currently taking business proposals for street food kiosks and food carts until 26th August 2022. If you’re an aspiring entrepreneur […]
NMKR and Newtek holdings sign agreement to bring real life assets into Web3
Leading blockchain technology provider NMKR has partnered with NewTek Holdings to bring real life assets into Web3, beginning with prime Dubai real estate projects. Patrick Tobler, Founder and CEO of NMKR, and Safi Qurashi, CEO of newly established NewTek, have signed an agreement to launch a host of NFTs backed by commodities and real estate […]
Tabadul launches Beyond
abadul, the leading Saudi Electronic Info Exchange Company that provides innovative digital and fintech services to the business and logistics sectors, has unveiled its new strategy, Beyond. The announcement was made in a grand ceremony attended by Tabadul’s staff at the Voco Hotel in Riyadh. The over-arching strategy cements Tabadul’s position as the cornerstone of Saudi Arabia’s […]
After closing $350,000 initial funding round Egypt’s BONBELL seeks $10 million in seed funding
Egypt’s startup BONBELL, the first mobile App in the Food-tech industry specialized in food ordering, digital solutions for table and meal reservations, has closed an initial funding round for $350,000 through a Canadian Angel investor, to help further develop the App services and achieve a level of growth in regard to user count and daily […]
CleverTap Raises US$105M in Series D Funding Round Led by CDPQ
CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The […]