News

With AED 315 billion worth of offers, DEWA’s IPO becomes the largest listing in the region

The initial public offering (IPO) of the Dubai Electricity and Water Authority (Dewa) has been heavily subscribed, with offers totaling…

3 years ago

UAE Global Foodtech challenge to award USD 2 million as challenge prize

The second edition of the UAE Global FoodTech Challenge, launched at EXPO 2020, will award $2M to four early-stage agri-tech…

3 years ago

RSA middle east to be fully acquired by Ominvest’s subsidiary firm, NLGIC

Royal Sun Alliance Insurance (RSA) Middle East is set to be fully acquired by Oman International Development and Investment Company’s…

3 years ago

Carrefour and Daphni join hands to invest in tech start-ups

Europe’s largest food retailer Carrefour and European venture capital firm Daphni have partnered to launch a new fund to invest…

3 years ago

Streaming giant Netflix acquires game developer Next Games for $72 million

Netflix announces plans to acquire Finland-based mobile games developer Next Games for $72 million. This is Netflix’s second games-related acquisition…

3 years ago

Dubai Silicon Oasis launches SANDBOX programme to assist early-stage start-ups

Dubai Silicon Oasis (DSO) announced the inception of SANDBOX, the region’s novel start-up program aimed to assist early-stage technology-based startups…

3 years ago

Sustainable Textile market gets huge push with Stand Up! Project, supporting eco-innovative entrepreneurs in the Mediterranean

Four eco-innovative entrepreneurs can get an opportunity to access Mediterranean markets as well as connect with various players in the…

3 years ago

SMEs can expect more opportunities from National Bank of Fujairah (NBF) as FDI reaches $4.3 billion in Dubai

The NBF Lite Bank Account launched by the National Bank of Fujairah (NBF) will cater to the needs of start-ups…

3 years ago

Saudi Arabia strikes gold; to make $5 billion after selling stakes in Public Investment Fund

Saudi Arabia is set to make about $5bn in dividends over the next three months as an outcome of its…

3 years ago

Renault, Nissan, Mitsubishi aims to roll out 35 EV models by 2030

The Franco- a Japanese Alliance between car manufacturers Renault, Nissan, and Mitsubishi, is as much about teamwork as about tech,…

3 years ago

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