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Investment

Business GCC NEWS DESK UAE

UAE-based Gingo Partners Announces Successful Fundraising Campaign, Securing $350k to Fuel the Community and Investments

Abu Dhabi, August 11 – Gingo Partners, an Investor Outreach Service and Startup Community, is thrilled to announce the successful completion of its fundraising campaign, securing $350k in capital from a group of business angels.  This investment will allow Gingo Partners to accelerate its vision of bringing inclusivity and diversity in venture capital and capitalize
Real Estate GCC UAE

New player Prosper Real Estate set to elevate UAE’s realty landscape with growth and investment opportunities

UAE, 3 August 2023 Prosper Real Estate, a leading Dubai-based real estate consultancy and brokerage firm, has emerged as a prominent player in the thriving Dubai real estate market, cementing its position as a trusted advisor to top multinational investors. With a record-breaking influx of six million tourists and a surge in real estate investments […]
Business GCC UAE

UAE and France review growing trade & investment exchanges

Abu Dhabi, 14 July 2023: H.E. Abdullah bin Touq Al Marri, Minister of Economy, met with Olivier Becht, Minister-in-Charge of Foreign Trade, Attractiveness, and French Nationals Abroad; Nicolas Niemtchinow, French Ambassador to the UAE; and several other French government officials who are currently on an official visit to the UAE. The meeting explored the means […]
Business

HE Dr Thani Al Zeyoudi discusses trade and investment opportunities with Mongolian ministers in Ulanbataar

His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, headed a UAE delegation to the Mongolia Economic Forum in Ulaanbaatar this week, where he met senior government officials to strengthen economic collaboration and foster investment flows between the two nations. During the two-day event, HE Al Zeyoudi held bilateral meetings […]
Business

Uhuru Joins Top International Companies as Members of Future Investment Initiative (“FII”) Institute

Uhuru Corporation is pleased to announce that it has become members of Future Investment Initiative (“FII”) Institute, a global non-profit organization from Saudi Arabia to the world with one pressing agenda: Impact on Humanity. Driven by data, FII Institute fosters great minds from around the world to turn ideas into real-world solutions and actions in […]
Business

Al-Futtaim Automotive leads $15 million funding round in revolutionary EV startup – River

Dubai, UAE, 09 June 2023: One of the Middle East’s leading automotive business, Al-Futtaim Automotive led the investment round of $15-million in the Indian electric two-wheeler startup, River. The funding series, a testament of Al-Futtaim Automotive’s commitment to supporting sustainable mobility, will bolster River’s manufacturing and distribution networks for an August
Business

500 Global and Sanabil Investments announce Batch 5 of the Sanabil 500 MENA Seed Accelerator Program

RIYADH, Saudi Arabia — 500 Global, a leading multi-stage venture capital firm, and Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth, and small buyouts, today unveiled the 14 startups in Batch 5 of the Sanabil 500 MENA Seed Accelerator Program 2023. The final set of companies that have been […]
NEWS DESK Business

UAE reiterates commitment to creating sustainable means to promote GCC’s economic integration & boosting investment exchanges

H.E. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, led the UAE delegation at the 64th GCC Trade Cooperation Committee meeting, which took place recently in Muscat, Oman. The delegation consisted of H.E. Abdulla Al Saleh, Undersecretary of the UAE Ministry of Economy; and Abdullah Sultan Al Fan Al Shamsi, Assistant Undersecretary […]
Business

Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100

HONG KONG — Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 […]
Business

Minister of Economy invites German companies

 H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, met with a trade and industry delegation from Germany recently, during his visit to the country to explore the strengthening of cooperation between Abu Dhabi and Berlin. The German delegation consisted of H.E. Dr. Mark Speich, State Secretary for Federal, European and International Affairs and […]
Business GCC UAE

UAE and Lithuania discuss opportunities

Abu Dhabi, 23 February 2023: H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Kęstutis Navickas, Lithuanian Minister of Agriculture, and his accompanying delegation, during which, he emphasized the strength of the bilateral relations between the UAE and Lithuania. The Minister of Economy stated that the shared interest of both […]