Funding
Souq.com Raises $275 Million in Funding
Souq.com has announced today that it has completed a funding round of more than AED 1 Billion ($275 million). The investment will support the company’s future growth, strengthen e-commerce in the regi...
Emirates Development Bank Reaffirms Support for UAE SMEs
Emirates Development Bank today underlined its commitment to Small and Medium Enterprises (SMEs) and entrepreneurs – the engine room of the UAE economy. Through its offices in Abu Dhabi and Dubai, Emi...
“TechnoArt” Incubator to be Launched in Tel Aviv
The digital media ways of distribution have brought on many opportunities for independent artists, but also left them with minimal tools to generate revenue from their art. The main challenge of the a...
Domestic IPOs in Kingdom Raised $1 Billion in Capital in 2015
Domestic IPOs in Saudi Arabia declined this year, with capital raised dropping 84 percent (from $6.4 billion in 2014 to $1 billion in 2015), while volume fell from five listings to three this year, st...
Building the Business Case for a Loyalty Programme
DSF is a world-renowned retail event that lures shoppers from across the country, the Middle East, and beyond. As such, many UAE retailers offer loyalty programmes to residents and non-residents alike...
The First Investor Acquires Stake in Shater Abbas Restaurants International Group
The First Investor , the investment banking arm of Barwa Bank Group, announced today that it has successfully acquired a 49.0% stake in Shater Abbas Restaurants International Group, a leading restaura...
UAE Businessman Abdullah Al-Ghurair Pledges Third of His Assets to Charity
Leading United Arab Emirates businessman Abdullah Ahmed al-Ghurair has donated a third of his assets to an educational foundation as part of a charity drive, he said on Tuesday. Ghurair is the father ...
Dubai FDI Sees Greater Investment Inflows From South Korea
Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) in Dubai, will attend the Korea Overseas Investment Fair & Conference to attract Korean i...
Al Khaliji Focusses on Entrepreneurship at QAD Enrichment Week
As part of its Corporate Social Responsibility, Al Khalij Commercial Bank (Al Khaliji) Q.S.C, Qatar’s next generation bank,took part in Qatar Academy ‘s Enrichment Week. This engagement re...