U.A.E. Just Invested $100 Million in Israel’s Tech Sector as Both Countries Get Closer

A major United Arab Emirates sovereign-wealth fund has invested roughly $100 million in venture-capital firms in Israel’s technology sector, according…

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Proptech Huspy acquires UAE-based Home Matters

Huspy, the UAE headquartered proptech startup, has announced the acquisition of Home Matters, to create the country’s largest home financing…

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Travel brand as a service platform Dharma launches after raising $3.5 million

Eric Cantona, the sporting legend and former captain of Manchester United, unveiled today that he is launching a travel brand…

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Gaming platform Zone raises $2.35 million

Zone, the first gamefi ecosystem on the Algorand blockchain that combines on-chain gaming challenges, yield farming and NFTs to create…

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New trading license to allow holders to operate in both freezone and mainland

Ras Al Khaimah Economic Zone (RAKEZ) has unveiled its Dual Licence structure, which allows investors to operate in both free…

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Verofax raises $1.5M Pre-Series A

UAE-headquartered Asset Digitisation and Traceability solutions provider Verofax Limited has successfully raised $1.5M in its latest funding round. The Pre-Series A round…

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Dubai-Based Flowershop.ae Launches Bitcoin Payments

Cryptocurrencies such as Bitcoin have swept the world by storm, leading to rapidly growing enterprise adoption while creating a new…

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UAE-based Opontia, raised $42M

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East…

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