Bangalore, India – Equiti Group, a global fintech leader, has announced the launch of its India Technology Hub in Bangalore, marking a major investment in the group’s global innovation strategy and its ambition to build AI-powered technology that makes wealth more accessible to all. The best role of the Bangalore hub in global technology The Bangalore […]
Modon and ADIB introduce Abu Dhabi’s First Off-Plan Home Financing Solutions
Abu Dhabi, UAE, Modon has signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to introduce Abu Dhabi’s first-of-its-kind home financing solution for off-plan property purchases. For the first time in the emirate, eligible homebuyers will be able to access up to 75% off-plan home financing through ADIB. Available exclusively for future Modon […]
Azraq Raises Oversubscribed Pre-Seed Round to Build AI-Powered Risk Intelligence Platform for Data Centre Investments
Dubai – Azraq, an AI-powered risk intelligence startup focused on data centre and critical infrastructure investments, has closed an oversubscribed pre-seed funding round, with A-typical Ventures participating as a key investor following the company’s co-build journey through The Utopia Studio. The fresh capital will support Azraq’s product development and market expansion as demand accelerates for […]
The DFSA publishes 9th Audit Monitoring Report, underscoring strengthened audit quality and transparency across DIFC
First transparency reports published by auditors of Public Listed Companies under DFSA Rules – the DFSA is the first UAE audit regulator to mandate such disclosures. A higher proportion of audit engagements were rated satisfactory, and there were fewer unsatisfactory ratings than in previous cycles. 74% increase in total fees, reaching US$ 33.5 million – […]
Dubai Chambers Best Partners with Wio Bank to provide Alternative Banking Services for SMEs
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 Future District Fund Backs MetaProp Fund IV to Strengthen Dubai’s PropTech Ecosystem
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 expands operations in Qatar with New Research Centre of Excellence
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 […]
As Cost Pressures Rise, Tail Spend Is Where Businesses Can Offset Shocks
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. […]
Great Standard Chartered Partners with BlackRock to launch Asia Pacific Multi-Asset Fund
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 […]
AVELIN AI Secures $3.7mln pre-seed funding to accelerate sovereign AI Infrastructure for Enterprises and Governments
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 […]
