iSchool raises $4.5M in a funding round led by VentureWave Capital, an Irish VC, followed by OneStop Capital UK, Webit Investment Network, and Oraseya Capital the Venture Capital arm of Dubai Integrated Economic Zones Authority. Through its platform, iSchool’s platform offers live gamified classes led by top coding instructors, catering to students aged 6 to […]
Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise. The funding round was led by VentureSouq – the MENA-based venture capital firm with a global portfolio. Also participating were new investors M-Capital and Bunat Ventures; and existing investors Global Ventures and Aditum Investment Management Ltd. Hakbah is one of […]
Spare, the pioneering open banking services provider, today announced the close of a $3 million funding round led by Vision Ventures with participation from Wa’ed Ventures, Seedra Ventures, global investment firm 500 Global, and notable angel investors. Spare was established by Dalal Alrayes and Saurabh Shah. It operates in Saudi Arabia, Kuwait, and Bahrain and […]
Photo: A team of CUD students has developed an innovative solution to help improve the health and efficiency of residential and commercial buildings A team of students from the Canadian University Dubai (CUD) School of Engineering, Applied Science and Technology; has developed an innovative solution to help improve the health and efficiency of residential and […]
Tawasal SuperApp, a pioneering all-in-one platform in the UAE, and Noor Capital, the leading financial investment company and provider of financial services in the United Arab Emirates, have announced the launch of integrated online trading services. The collaboration elevates Tawasal’s services by integrating real-time data and global markets trading into its already comprehensive array of financial market offerings. […]
Farro Ventures, parent company of prominent Singapore-headquartered multi-family office Farro Capital and leading international mobility solutions provider Farro & Co, is expanding its footprint into the Middle East. Leveraging Dubai’s regional strength as an emerging financial hub, this milestone builds on the firm’s deep commitment to enhancing its cross-border advisory platform capabilities to best serve the unique needs […]
The inaugural “Housearch Investment Index” has highlighted the Gulf countries, with Oman, Qatar, and the United Arab Emirates, particularly Dubai, securing top positions for residential property investment in 2024. This trend underscores the region’s appeal as a stable and reliable investment haven, especially amidst cooling property markets in Europe and North America due to expected […]
The Ministry of Investment of the UAE and the Ministry of Communications and Information Technology of Egypt have signed a Memorandum of Understanding (MoU) aiming to establish a framework for investments in digital infrastructure with a focus on data center projects in Egypt. The agreement was signed by His Excellency Mohamed Hassan Alsuwaidi, Minister of […]
Abdulla Al Abdulla, Chief Operating Officer and Group General Manager of Central Hotels and Resorts, the UAE’s rapidly expanding hospitality entity, underscores his resolute dedication to combatting the Climate Crisis. He has pledged a substantial $2 million to bolster UNICEF’s programmatic response at the recently concluded COP28. This substantial contribution will be strategically allocated to […]
Arada has launched Yalla, a new urban e-mobility offering that provides convenient and environmentally friendly travel solutions to both residents and visitors within the master developer’s communities. Launched for the first time in the Aljada megaproject in Sharjah, Yalla enables users to rapidly and seamlessly hire e-bikes and e-scooters via a dedicated app and website. […]
