Business

DAE Capital Launches Third-Party Aviation Asset Management Unit

DAE Capital, Dubai Aerospace Enterprise’s leasing division, today announced the creation of DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equit...

Avaya to List on the NYSE

Avaya Holdings Corp. will ring the Opening Bell on January 17th to celebrate the company’s listing on the New York Stock Exchange (NYSE).  Avaya embarks on a new journey following a successful balance...

AI Run Skill Development Platform Launched in Dubai

Dubai based startup, Black Cube Solutions,  is poised to disrupt the learning and education sector by focusing on skill development and career progression through machine learning and artificial intel...

Making Learning Fun: Ustad Mobile

My Startup World speaks to Mike Dawson and Varuna Singh, the Co-Founders of Ustad Mobile, about how their solutions can help the regional education sector

Autonomous Driving Startup Pony.ai Raises $112M

Pony.ai, a company that builds autonomous driving solutions, has closed a funding round of $112M. The Series A round was co-led by Morningside Venture Capital and Legend Capital. Seed round lead-inves...

Boxed Talking to Kroger to Get Acquired for $500 Million

New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million.

Auto1 Secures $560M in Funding from SoftBank Vision Fund

German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund...

Dubai Chamber Now Has 217,000 Members

A total of 16,300 companies joined the Dubai Chamber of Commerce and Industry as members in 2017, bringing total membership to 217,000 and cementing the non-profit public organisation’s position as on...

SoftBank Files for $18 Billion IPO of its Mobility Unit

SoftBank, the Japanese telecom company that owns 80% of U.S. carrier Sprint, is considering an IPO that would spin off the company’s mobile phone unit.

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