Mubadala, Abu Dhabi Catalyst Partners invest $150 million in social media platform Telegram

ABU DHABI, 23rd March, 2021 (WAM) — Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested US$75 million in…

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Ras Al Khaimah launches gaming business packages with 3-year UAE residency visas

Packages start from Dhs7,725, and business owners are being offered the same renewal rate for the lifetime of their business…

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Indian startup Zaara Biotech gets $10 mn investment from UAE’s TCN International

Zaara Biotech has received the funding for its project AlgaeSeaweed Technology Biotechnology startup Zaara Biotech has bagged an investment of…

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Online insurance platform PolicyBazaar raises $75m to fund UAE, Middle East expansion

PolicyBazaar allows users to purchase life and general insurance online Online insurance marketplace PolicyBazaar has raised $75m to fund its…

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Dtec, OQAL sign MoU to develop startup ecosystem in GCC

Dubai Technology Entrepreneur Campus (Dtec), has entered into a memorandum of understanding (MoU) with Saudi Arabia-based OQAL Angel Investors, with…

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UAE agritech start-up raises $50 mln in bonds to grow tomatoes in the desert

DUBAI (Reuters) – UAE agriculture technology start-up Pure Harvest Smart Farms has raised $50 million via sukuk, or Islamic bonds,…

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UAE to enhance competitiveness in attracting global tech firms

Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, recently…

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UAE based start-up Sprout raised $200,000 funding

UAE start-up Sprout FZCO received funding from Bahrain-based FA holding firm for $200,000 to be used for retail expansion of…

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Mughamer.com launches as Midet’s first adventure tourism platform

(MENAFN – Khaleej Times) The newly launched Sharjah-incubated Mughamer.com is making a splash in the adventure tourism space. This first-of-its-kind…

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Etihad Airways and Hub71 Sign MOU to Boost Global Tech Ecosystem in Abu Dhabi

Etihad Airways, the national airline of the UAE, has signed a memorandum of understanding (MOU) with Hub71, Abu Dhabi’s global…

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