Tag: UAE

DIFC consolidates position as UAE’s top destination for Chinese financial institutions and multinational companies

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has strengthened its position...

Air taxis: Abu Dhabi stakeholders, Archer enter deal

Archer Aviation has entered into a multi-party collaboration agreement with key UAE and Abu Dhabi entities to advance the establishment of electric air taxi...

Alif Capital strikes deal to acquire 25% stake in UAE-based lifestyle products supplier Sunex Group

The stake acquisition marks Aliph’s entry into the lifestyle sector Alif Capital, the first female-founded private equity fund in the Middle East, announced the acquisition...

UAE net wealth hit $2.9tn last year

The UAE is well-established as a hub for the super-rich and the introduction of generative AI could create further wealth boomThe UAE’s net wealth...

UAE: Talabat raises Dh7.5 billion in largest global tech IPO so far this year

Talabat has announced the successful completion of the bookbuild and public subscription process for its initial public offering on the Dubai Financial Market. The...

UAE free zone looking to capitalise on Ras Al Khaimah’s $75bn construction boom

RAKEZ looks to highlight investment opportunities and UAE construction growth at Big 5 Global exhibition The UAE construction sector is thriving and offers enormous investment...

Abu Dhabi Chamber reveals surge in UAE F&B exports as revenues set to hit $38.3bn

The UAE food and beverage industry is thriving and Abu Dhabi Chamber of Commerce and Industry is supporting businesses in the sector The Abu Dhabi...

Salik collaborates with Parkonic, the largest private parking operator in the UAE, and expands geographically for the first time beyond the Emirate of Dubai

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces it has partnered with Parkonic, the UAE’s largest private sector parking...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...