Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with Wio Bank to provide alternative banking services for members. The collaboration will provide small and medium-sized enterprises (SMEs) with streamlined access to business account opening and financing solutions designed to support their growth and operational efficiency. Through this collaboration, members of the Dubai […]
Dubai, UAE – 10th July – Dubai Future District Fund (DFDF) has committed capital to MetaProp Fund IV L.P., one of the world’s most active and specialised venture capital firms investing in PropTech. This partnership positions MetaProp as a foundational early-stage PropTech partner for DFDF, supporting Dubai’s Economic Agenda D33 and the development of a regional […]
Deutsche Bank announced the expansion of its operations in Qatar with the establishment of a Research Centre of Excellence, reinforcing its long-term commitment to the Middle East and its role in supporting clients with differentiated insights across one of the world’s most dynamic markets. Deutsche Bank is connecting global investors with opportunities in the region The Bank’s […]
Article by: Francesco Colavita, SVP – MEAPAC at JAGGAER For most business leaders, the past two years have been defined by forces largely outside their control. Inflation has proven stubborn across major economies, with the IMF estimating global inflation at 5.8% in 2024. At the same time, Tail Spend operating costs continue to fluctuate unpredictably. […]
New offering gives UAE investors access to a diversified Asia Pacific growth strategy through Standard Chartered’s expanding wealth solutions platform. Dubai – Standard Chartered (“the Bank”) today announced the launch of its latest sub-fund under its Variable Capital Company (VCC) platform, with BlackRock acting as the sub-manager. The Signature Select APAC Allocation Plus fund is an Asia-focused multi-asset strategy […]
Dubai, UAE: – AVELIN AI, a sovereign AI platform built for enterprises and governments in regulated industries, has closed a $3.7 million pre-seed funding round from angel investors. The funding will be used to accelerate AVELIN’s commercial expansion across the Middle East, Europe, and North America, scale its GPU infrastructure, and further enhance its proprietary Cross-Model […]
Remitly has been granted a Stored Value Facilities (SVF) and Exchange Business Category IV licence by the Central Bank of the United Arab Emirates (CBUAE), marking a significant milestone in the company’s expansion strategy across the UAE and the wider Middle East. The licence formally recognizes months of regulatory engagement and market preparation by Remitly, […]
Dubai, UAE – Keyper, the UAE-based proptech company transforming how people rent, manage and own residential property Digital Rental Payments, has raised US$11 million in a Series A funding round led by Speedinvest, one of EMEA’s leading venture capital firms, alongside NeoVentures, a wholly owned subsidiary of Mashreq and the bank’s Corporate Venture Capital Fund, Middle East […]
Dubai, United Arab Emirates – UAE-based climatetech startup Planno has secured a strategic investment from Incubayt Investments, the sustainability-focused venture firm founded by Sami Khoreibi, to accelerate its international expansion and enhance its geospatial artificial intelligence (GeoAI) platform for the solar industry. Founded in 2023 by Daniel Domingues, Planno has developed a GeoAI platform that […]
Deutsche Bank announced that it has been granted a Regional Headquarters license (RHQ) by the Ministry of Investment of Saudi Arabia (MISA), marking a further milestone in the Bank’s long-standing commitment to the Kingdom and the wider Middle East region. Regional Headquarters License: Central platform for Deutsche Bank’s regional management The regional headquarters will be based […]