50,000 new companies join Dubai Chamber of Commerce
Dubai’s appeal as a hub for regional and global investors continues to grow with a report showing that a total of 51,561 new
Economy
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Entrepreneur
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Startup
SVC Invests in $150m Global Ventures III Fund
Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by Dubai-based Global Ventures, with
Economy
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Non-oil sectors contributed 75% to UAE GDP in H1 2024
The drive towards a diversified economy took a new leap last year. A report just published from the UAE Ministry of Economy has
Entrepreneur
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Startup
New opportunity for Abu Dhabi social tech startups
Abu Dhabi’s global tech ecosystem Hub71 has signed a Memorandum of Understanding (MoU) with the emirate’s Authority of Social Contribution – Ma’an as
Economy
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SWFs – who spent more in 2024?
Abu Dhabi’s Mubadala Investment Company played a major role in sovereign wealth fund (SWF) activity in 2024, accounting for nearly 20% of the
News
Real Estate
Digital transformation in Dubai real estate
Dubai Land Department (DLD) has unveiled plans to introduce its Smart Rental Index in January 2025, a cutting-edge initiative designed to revolutionise the
News
Startup
Saudi foodtech startup Calo secures $25m in Series B funding
Riyadh-based foodtech startup Calo has raised $25m in a Series B funding round led by Nuwa Capital alongside STV, Khwarizmi Ventures, and regional
News
Real Estate
UAE’s Seed Group in ‘hospitality tech’ joint venture
South Korean hospitality technology leader ONDA is expanding into the Middle East through a joint venture with UAE-based Seed Group. This move will
News
Real Estate
Reportage Group hits $1.5bn in real estate sales
UAE real estate developer Reportage Group has announced sales of $1.5bn, a growth of 50% compared to 2023. The company’s portfolio spans 50
News
Real Estate
251 new villas in Dubai South development
Dubai South Properties has successfully completed the first phase of its Pulse Beachfront luxury development. It includes 251 units with a mix of