
UAE implements 100% foreign ownership for expat entrepreneurs, primarily Indians
Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.
News and stories from the ever-growing startup ecosystem of the United Arab Emirates (UAE) – the startups, investors, whopping funding rounds, and everything in between.

Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.

Dubai, UAE-based Quiqup, a same-day delivery startup, on Tuesday raised $5.5 million in a funding round led by Delivery Hero.

UAE-based F&B startup Fruitful Day, on Thursday raised AED 3 million (around $817K) via Eureeca, an equity crowdfunding platform.

UAE-based legal-tech software editor, App4Legal, on Monday raised Pre-Series A funding from Betatron and Dubai Angel Investors.
![[Startup Launch] UAE's Fenix, micro-mobility startup launches with $3.8 Mn seed funding](https://laffaz.com/wp-content/uploads/2020/11/uae-fenix-micro-mobility-funding-768x402.jpg)
Micro-mobility startup, Fenix, on Wednesday launched in the UAE, post-raising seed capital of $3.8 million from Israel's Maniv Mobility.

Swethal Kumar, CEO of StartupScale360, in light of his experience, spoke about the UAE startup ecosystem at the ITU Global Innovation Forum.
![[Exclusive] Immensa Technology Labs makes the largest additive manufacturing (3D Printing) investment in Saudi Arabia](https://laffaz.com/wp-content/uploads/2020/11/exclusive-immensa-technology-labs-makes-the-largest-additive-manufacturing-3d-printing-investment-in-saudi-arabia-768x402.jpeg)
UAE-based Immensa Technology Labs on Tuesday, announced its foray into the Saudi market through the acquisition Shakl3D and LayLabs.

UAE-based healthtech startup Sehteq, on Thursday, announced that the company is set to acquire its compatriot Dawa Express for $3 million.

Dubai, UAE-based influencer marketing platform Brand Ripplr, on Sunday $1 million in a Series A round led by Dubai Angel Investors

Village Capital’s Finance Forward MENA 2020 selects 11 fintech startups for its accelerator program to provide equity-free investments.

Dubai-based re-commerce startup Cartlow, on Monday raised $2 million in a Pre-Series A round from Arzan Ventures, Vision Ventures, and others.

TIER, the leading European micro-mobility provider hailing from Berlin has launched its first fleet of industry-leading e-scooters in Dubai