News

AI startup SenseTime raises $600m

China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such a...

Pawame got powered up by $2 million

Off-grid solar start-up, Pawame (pronounced “power me”) got charged up by $2 million as the company was able to raise funds from Gulf-based investors to expand its operations in Kenya and other Africa...

JYSK to Open its First Flagship Store in the UAE

Danish retail chain JYSK, pronounced ‘yusk’, will bring its unique brand of cutting-edge Scandinavian-designed home furnishings to the UAE with the opening of a flagship store in Dubai.

Regus Opens Dual-Licence Workspace in Dubai

With the UAE’s continued economic growth driving demand for flexible, convenient and connected work space solutions

Mumzworld Partners with Haba

Mumzworld.com, the first and leading bilingual e-commerce site in the Middle East has announced its exclusive partnership with Haba, a leading provider of children’s toys and furniture.

Servcorp to Develop Co-Working Facilities in More Markets

Servcorp has said that the investment of over $16 million in its global product offering will have a direct impact on the co-working market in the GCC and Middle East.

Momo Buys Tantan for $600 Million

Momo Inc., the operator of a Chinese dating app similar to Tinder, has agreed to wholly acquire Tantan Culture Development Beijing Co. Ltd.,

UAE Businesses to Reduce Their Use of Plastics and Packaging

The Environment Agency – Abu Dhabi (EAD)’s Team Zayed are engaging businesses around the UAE to commit to reducing single use plastics and packaging, in honour of the journey they are embarking on to ...

More Than 50 Companies Coming to Offshore Arabia Conference and Exhibition

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai,