Funding
A Chance to Win Big at the UAE Drones for Good Award
As smart technology spreads around the globe, the movement within modern cities to apply these innovations to the most pressing problems has increased. Dedicated to transforming the innovative technol...
Shuaa Capital reports Dh50.8m in Q2 loss
Shuaa Capital, the Dubai-listed investment bank, reported on Saturday Dh50.8 million in net loss for the second quarter of 2016, marking a significant plunge from the Dh1.7 million in net profit repor...
Mind Rockets Named Jordan’s Best Startup at Seedstars Amman
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its Jordan round to a successful close during Seedstars Amman. The event took pl...
Alabbar buys stake in Aramex
Mohammad Alabbar, chairman of Emaar Properties, has his eyes set on the digital space. He has spoken about the importance of producing digital content in the Arab world and his company, Alabbar Entrpi...
Dubai Smartpreneur Competition Winners to Win AED 150K
The Dubai Chamber of Commerce and Industry and the Smart Dubai Office have launched the second edition of the Dubai Smartpreneur Competition. The competition is open to entrepreneurs from around the w...
Aramex leads $8.5M Series B in UK address startup
Aramex has led a $8.5 million Series B funding round in British startup What 3 Words, a company that is creating a universal postal code system and behind Mongolia’s new address system. The Jord...
MENAT-based accelerators invested $3.5m in start-ups last year
Start-up accelerators invested nearly $200m in new ventures worldwide in 2015, according to a new report by Gust, an online platform to manage start-up fundraising, and Fundacity, a fundraising networ...
How Will VAT Impact UAE Consumers and Businesses?
As expected, one can see a surge in the number of people discussing the impending value-added tax (VAT) system in the GCC region. In the UAE, seemingly everyone, nationals and expatriates alike, have ...
Dubai Private Sector Growth Picked Up Pace in May
Dubai’s economic growth has accelerated as the emirate’s private sector saw sustained improvement in business conditions in May on the back of a sharp rise in new work. Private sector companies based ...