Funding
Investcorp Explores Sale of Polyconcept
Investment firm Investcorp Bank is exploring a sale of Polyconcept, hoping a deal will value the world’s largest supplier of promotional product...
Saudi Stock Exchange to Support SMEs
With the support and approval of the Capital Market Authority (CMA) and in effort to achieve the strategic objective of deepening the capital market a...
General Motors Buys Self-Driving Car Startup for More Than $1 Billion
General Motors (GM) is continuing its self-driving car push with the news that it has acquired Cruise Automation. Cruise is a San Francisco-based self...
Emirates NBD Launches Worthy.ae Portal
Emirates NBD , a leading bank in the region, has launched Worthy.ae, an online hub for financial and wellbeing content, as part of the bank’s co...
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’...
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 econom...
“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 r...
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 vol...
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 loyal...