Funds
The Cloud, Abu Dhabi’s start-up raises $10 million in new funding
The Cloud, a virtual kitchen start-up based in Abu Dhabi's Hub71, has raised $10 million in series...
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Adobe to acquire Figma for approximately $20 billion in cash and stock
Adobe has agreed to acquire Figma for approximately $20 billion which consists of about half cash...
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Al Waha Funds launches Bahrain’s first fintech venture studio, HP Spring Studios
Al Waha Venture Capital Fund of Funds, managed by Bahrain Development Bank, and international investment firm...
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HashKey partners with EtherPOAP’s series of community events to honour the Ethereum merge
Hashkey Group, has announced a strategic partnership with EtherPOAP, a series of community events established by...
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Islamic Development Bank board approves US$ 1.12 billion in development financing and US$ 1.79 Million in Grants
The Islamic Development Bank’s (IsDB) Board of Executive Directors, approved a total of US$ 1.12 billion for development...
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Stagflation risk raises amidst sharp slowdown in global growth outlook
Stagflation is an economic situation introduced by a blend of slow economic growth, with rising prices...
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Republic completes GBP 86.5 million acquisition of UK’s private investment platform Seedrs
Republic, the U.S. based private investment firm announced the successful completion of the acquisition of Seedrs,...
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Emirates Development Bank to approve loans to SME’s, start-ups of up to AED 5 million within five business days
Emirates Development Bank (EDB), a key financial enabler for the UAE’s economic diversification and industrial transformation...
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UAE’s Burjeel Holdings to finance AED 3.6 billion in Saudi Arabia health sector
Burjeel Holdings’ premium healthcare brand, Burjeel is the most comprehensive private tertiary healthcare provider in the...
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Zywa, a teen-focused fintech start-up raises USD 3 million seed round
Zywa, a teen-focused fintech start-up re-imagining banking for Gen Z in the Middle East and North...
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