Funding
dcs plus Announces New Investment Partner for Expansion Plans
dcs plus, a leading travel technology company welcomes Credo Ventures, a venture capital company focused on investments in Central and Eastern Europe, as a new investor in the company. Credo Ventures ...
Samsung Pay in the UAE From April 4, 2017
Samsung Gulf Electronics has today announced the early access phase for Samsung Pay in the UAE, on April 4th, 2017. The secure and easy to use Samsung Pay has successfully been launched across twelve ...
ENBD REIT Admits Shares to Trading on Nasdaq Dubai
ENBD REIT (CEIC) Limited (“ENBD REIT”), a Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited (the “Fund Manager”), has announced that its ordinary shares h...
#Pay and Payfort Team Up to Offer Secure e-Payments in the Region
PAYFORT, an online payment service provider in the Arab world, and fintech startup #Pay (pronounced ‘hash-pay’) announced #Pay team will now be part of PayFort. The two will be working together to fac...
STEP Group Gets $2 Million in Funding
STEP Group, a Dubai-based media and technology company, has successfully closed its Series A funding round with a $2 million investment from regional investors, including Wamda Capital, Equitrust and ...
UAE Investor Confidence High at the Start of 2017
UAE personal finance confidence is being fuelled by stabilising oil prices as records show 2017 has started positively when it comes to individuals making investments. It has been widely expected that...
State Street Global Advisors on 2017 Investment Outlook
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today released its global market outlook and key investment themes for 2017. In the report, ...
Middle East Tech Companies Collectively Pitch for $10 Million in Funding
Seven young technology companies from the GCC region traveled to London, UK, recently to pitch for $10 million in funding. The pitching was done in front of a panel of investors as part of the Cloud 1...
Knowlarity Raises $20 Million
Knowlarity has announced that it has raised a series C round of $20 million. The latest investment was led by led by the renowned Dubai-based private equity firm Delta Partners. The round also saw par...