Vimeo Raises $300 Million of Equity

Vimeo, an IAC (NASDAQ: IAC) business and the world’s leading video software company, today announced it raised $300 million in primary equity from funds and accounts advised by T. Rowe Price Associates, Inc. and Oberndorf Enterprises, LLC at a valuation in excess of $5 billion. This follows the November 2020 announcement of the company’s $150 million equity raise and IAC’s plan to […]

Liquefy Launches Liquefy Ventures for Institutions and Family Offices to Navigate the Evolving Cryptocurrency Space

 Liquefy is excited to announce the launch of Liquefy Ventures to help institutional investors and family offices strategically navigate the emerging cryptocurrency space to capture opportunities in the digital asset ecosystem. This move extends Liquefy’s presence in the ecosystem beyond its expertise in tokenization of real assets. Liquefy Ventures will build a bridge between traditional […]

In the presence of H.H. Sheikh Hazza bin Zayed Al Nahyan: Abu Dhabi Sustainability Week Summit discusses ways to achieve a sustainable post-COVID-19 recovery

In the presence of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, the Abu Dhabi Sustainability Week Summit got underway this morning as part of ADSW 2021, the global platform for accelerating the pace of sustainable development. Hosted by Masdar, the event is being held virtually this year […]

StashAway announces Assets under Management of US$1billion

StashAway, Southeast Asia’s largest and fastest-growing digital wealth manager for both retail and accredited investors, has announced that they’re managing more than US$1billion (SG$ 1.35billion). Since StashAway first launched its services in 2017, numerous wealth managers in Southeast Asia and MENA have emerged. StashAway is the first digital wealth manager in any of those regions to announce that it manages more than $1 billion […]

Middle East: SYSTRAN and EJADA entered into a strategic partnership

 SYSTRAN, the leader in neural automated translation technology, announces that EJADA, one of the leading digital services companies in the Middle East, has chosen its AI-based Natural Language Processing solutions to address, in a first stage, Saudi Arabia and Egypt markets. This business and technology partnership, which is based on a close collaboration initiated between the two parties, aims to integrate […]

Closing the digital divide a priority as Knowledge and Learning Week wraps up

Expo 2020 Dubai and Dubai Cares are committed to increasing collaboration and closing the education sector’s digital divide with the UAE philanthropic organisation set to announce its ‘Declaration on the Right on Connectivity for Learning and Livelihoods’ at Expo 2020 Dubai’s Knowledge and Learning Week in December 2021. Anchored in the United Nations Secretary General’s […]