VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi – Supported by The Private Investment Group

 Impact Venture Builder and ecosystem of entrepreneurs, investors and startup experts, is launching a $300M Fund-of-Funds in Abu Dhabi – supported by The Private Investment Group, to encourage and grow the market-leaders that will shape the world of tomorrow DeepTech, CleanTech, HealthTech and Smart City technology. From this new Fund-of-Funds, VentureRock will invest in early-stage startups that leverage technology, science […]

StashAway to raise $25 million USD in Series D funding round led by Sequoia Capital India

StashAway is raising $25 million USD in its Series D funding round led by Sequoia Capital India, one of the region’s leading venture capital firms. StashAway’s existing investors, Eight Roads Ventures, the global investment firm backed by Fidelity International and early investor in Alibaba; and Square Peg, the largest venture capital fund in Australia, also participated in the round. The transaction will close in the next few months pending necessary regulatory approvals. […]

MENA M&A Hits US$17.1 Billion In Q1 2021

Refinitiv released the Middle East and North Africa investment banking analysis for the first quarter for 2021. According to the report, the Investment banking fees in the Middle East and North Africa reached an estimated US$218 million during the first quarter of 2021, up 5% from last year and a three-year high. Advisory fees earned from completed […]

Highest Sustainability Honour Awarded To Expo 2020’s Eight Infrastructure Projects

Eight infrastructure projects across Expo 2020 Dubai have been awarded the highest rating under CEEQUAL, the internationally recognised sustainability assessment for civil engineering, representing a major milestone in Expo’s goal to become one of the most sustainable World Expos ever. Ratings under CEEQUAL – the world’s first sustainability assessment, rating and certification scheme for best […]

New Technologies Set To Accelerate Data-Driven Healthcare Transformation In The Middle East

The healthcare sector is undergoing a critical, data-driven transformation. Arthur D. Little, the management consultancy firm with the longest-standing presence in the Middle East region, explores emerging technology trend including issues around increased data-gathering in their latest report entitled Data-driven healthcare: Analyzing the forces driving the transformation of healthcare. The viewpoint provides insights on data-driven healthcare […]

‘Let’s Lessen The Gap’ Calls On World Citizens To Help Shape A Prosperous Post-Covid Era For Vulnerable Communities

The Big Heart Foundation (TBHF), a UAE-based global humanitarian charity dedicated to helping refugees and people in need worldwide, has made an impassioned call to citizens around the world to generously support its 2021 Zakat and general donations drive during Ramadan. These fundraising activities under the“Let’s Lessen the Gap” campaign are part of a comprehensive […]

Mastercard Recovery Insights: eCommerce A Covid Lifeline For Retailers With Additional $900 Billion Spent Online Globally

As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted toanadditional$900 billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly $1 out of every $5 spent […]

The Majority Of UAE Professionals Want Virtual Working Environments To Remain In Post-Pandemic Era

COVID-19 has had a positive impact on work practices in the United Arab Emirates (UAE) overall, and a large percentage of professionals across various sectors hope to continue working remotely, at least to some extent, when the ongoing pandemic has reached its conclusion. A new study conducted by Boston Consulting Group (BCG) and Bayt.com has shed light […]