News
VC funding surpasses $2 trillion in five years
Although the global VC funding activity significantly slowed down after reaching a peak in 2021, companies and startups still raised close to $550 billion over the past two years, pushing the five-yea...
Dubai International Chamber opens office in Colombia
Dubai International Chamber has inaugurated a new representative office in Colombia’s capital city, Bogotá, to enhance economic relations and foster the growth of trade and investment ties between the...
Beam Ventures launches $150 million gaming fund
The Beam Foundation recently announced its plans to launch Beam Ventures in Abu Dhabi, the first venture fund focused exclusively on gaming from ADGM. The $150 million gaming fund aims to accelerate p...
Revibe raises US$7 million in Series A
UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone, having recently closed its Series A of US$7 million in a round co-led by ISAI and Resonance, and feat...
UAE payments revenue pool to reach $27.3 billion by 2028
The UAE’s payments industry is poised to achieve significant growth, with total revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 from Boston Consu...
Sav and Travelwings.com revolutionize debt-free travel
Sav, the UAE’s leading money management platform, announced a strategic alliance with Travelwings.com, a leading online travel agency offering a diverse array of flights, holiday packages, hotel accom...
Cynoia wins the Best SaaS Startup Award at AfricArena
Cynoia, the African-built team workspace platform, has been named Best SaaS Startup at the prestigious AfricArena Grand Summit 2024 in Cape Town. The summit, celebrating its seventh year as AfricaR...
Shorooq and Hanwha Life to expand alternative investments
Shorooq announced a partnership with South Korea’s Hanwha Life, a leading Korean life insurance company, to bridge the investment corridors between Asia and the Middle East, fueled by support from pre...
Hoxton Wealth ends year with £2bln in AUM and over 7000 clients worldwide
Dubai-based international IFA Hoxton Wealth has ended 2024 by surpassing £2 billion in Assets Under Management and reaching a milestone of 7,000 clients.