Abu Dhabi Wealth Fund Duo Joins TruKKer’s Equity and Debt Round

TruKKer, a Middle Eastern startup focused on logistics in the land freight sector, raised $96 million in fresh financing from…

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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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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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Dubai World Trade Centre to become comprehensive zone and regulator for virtual assets and Crypto

 As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World…

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Hub71, Russia’s Sber partner to bridge tech ecosystems, foster global technology exchange

ABU DHABI, 6th December, 2021 (WAM) — Hub71, Abu Dhabi’s global tech ecosystem, has signed a new partnership with Sber,…

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UAE Government launches UAE API Marketplace to provide multi-channel digital services in partnership with Private Sector

DUBAI, 27th November, 2021 (WAM) — In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice…

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Singapore FinTech TSLC raises $25m from Abu Dhabi investor-led group

The Social Loan Company, a Singapore FinTech start-up, raised more than $25 million to fund its expansion into new markets,…

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ADX and ADDED propose region’s first SPAC regulatory framework

Abu Dhabi Securities Exchange and Department of Economic Development Abu Dhabi have proposed the region’s first regulatory framework to list…

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Abu Dhabi’s Shorooq Partners unveils debt fund to invest in Mena start-ups

The new fund has already committed a majority of its capital Abu Dhabi venture capital firm Shorooq Partners unveiled a…

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Demand for digital services is fueling a payments revolution

By Mo Ali Yusuf, Regional Manager MENAP, Checkout.com Fragmented payment infrastructure and underdeveloped regulations have traditionally hampered efforts to build…

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