In a groundbreaking move set to redefine online commerce in the UAE, Ayshei.com, a pioneering web3-enabled online marketplace backed by Medad Holding and leading investors, is set to officially launch at the beginning of 2024. Fueled by the projected growth of the UAE e-commerce market, expected to reach $17.2 billion by 2027, this disruptive platform […]
Mohamed Ali Al Janahi, Executive Director of the Member Support Services Sector at the Ajman Chamber of Commerce and Industry (ACCI), revealed that the volume of trade between Ajman and Qatar increased by 68% until the third quarter of this year, with a total value reaching AED 521 million, compared to AED 310 million until […]
Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the commencement of the application period for the eighth cohort of its renowned Innovation Accelerator (IA) program. The registration window for companies to apply is now open, until mid January, 2024. In […]
Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by securing $340 million in a Series C equity funding round. This round was co-led by SNB Capital, the leading regional financial institution, and […]
Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Annual Report: UAE Tech 2023. The report, based on Tracxn’s extensive database, provides insights into the UAE Tech space. The UAE is the fourth largest economy in the MENA region and is ranked seventh globally in terms of per capita income. The startup […]
Photo: HE Humaid Ben Salem, Chairman, ICC UAE and Secretary General, Federation of UAE Chambers of Commerce & Industry along with Sajith Kumar P K, Group CEO & MD. Nearby Anoop P S, Group CBO & ED, IBMC International Group and Venu V K, Director, IBMC Trade-Flow Ventures at IBMC’s 5th Global convention. The UAE […]
Partment, a prop-tech startup that offers co-owned second homes, announced today its expansion into the Greek market. Building upon a phenomenally successful inaugural year of operations in Egypt, this strategic leap underlines Partment’s steadfast dedication to delivering cutting-edge proptech innovations. Venturing into the Greek market, Partment’s mission is to unlock fresh investment prospects, fostering advancements […]
MSE Drives, the prestigious super cars club founded by French enthusiast Francis Clotilde, is making its grand entry into Dubai in collaboration with the Dubai-based media agency, 360 Comms. In recent years, MSE Drives has evolved to offer participants a truly memorable experience on every road trip, turning humble beginnings into unforgettable adventures. With the […]
As the holiday season approaches, Selfdrive.ae, a mobility company, anticipates a 30 percent surge in demand for car rentals during the festive period, encompassing New Year’s Eve and Christmas celebrations. The company foresees an increase in bookings as people plan trips, family gatherings, and festive getaways. Leveraging advanced analytics and market trends, Selfdrive.ae is implementing […]
DAMAC Properties, the leading UAE-based real estate developer, launched DAMAC Maison AYKON City along Sheikh Zayed Road and just a stone’s throw from Safa Park, lavish dining venues, high-end shopping destinations, entertainment hubs, and renowned nightlife spots. This property is not just a new addition to Dubai’s skyline but a visionary project set to raise […]
