DIFC Receives FinX FinTech Hub of the Year Award
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector.
Dubai
Dubai Launches ‘Virtual Company Licence’ for non-resident businesses & freelancers
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Tuesday announced the launch of the region's first 'Virtual Company Licence’.
Dubai Soars to Number Eight Amongst Global Financial Powerhouses
Dubai has risen up the ranks of the Global Financial Centres Index (GFCI) to number eight position, representing its highest-ever ranking.
DIFC builds Strong Ties with European Financial Centres to Make Dubai a Leading Global Hub
DIFC conducted a successful roadshow to key financial centres including UK, France, Germany and Switzerland, led by H.E. Essa Kazim and Arif Amiri.
Dubai’s Careem Eyes New Markets for Hala Taxi JV
Ride-hailing app Careem plans to expand its newly launched Hala joint venture to other parts of the region following its initial success in Dubai
Dubai’s Falcon Network Inaugurates with Investments in 6 Startups
Falcon Network, a group of emerging markets-based angel investors concluded their inaugural round with the completion of six investments.
Dubai-backed Swiss Fintech Startup ‘Numbrs’ Turns Unicorn
Numbrs, backed by Investment Corporation of Dubai and Josef Ackermann raised fresh capital to value the company at more than $1 billion.
27-yr-old Indian Expat Nyla Khan Building an Education Empire in UAE
Nyla Khan began her entrepreneurial journey at just 24 when she became an active partner to a chain of children’s nurseries started by her mother.
OYO Hires New CEO to Scale Operations in Middle East and South-East Asia
OYO Hotels and Homes yesterday made the announcement of the appointment of Mandar Vaidya as the CEO for Middle East and South-East Asia.
Cipla Gulf signs partners with Iceland-based Alvotech
Cipla Gulf, subsidiary of Indian pharma major Cipla enters into partnership with Iceland-based Alvotech.
Dubai’s Foloosi Raises Six-Figure Investment to Make Cashless Payments Easier
Dubai-based fintech startup Foloosi on Tuesday raised a six-figure investment from a regional angel investor Rashed Alfasali. The amount hasn’t been disclosed and the funding will be utilised to accelerate product development efforts. Foloosi’s consumer mobile app (mobile wallet) available…
OYO Launches Premium Segment ‘Capital O’ in UAE for Business Travellers
OYO Hotels and Homes today announced the launch of its premium offering for business travellers named Capital O in the UAE...