Investment

Ajman is keen on developing its trade with Bahrain and attracting Bahraini investors

UAE/Bahrain Mohamed Ali Al Janahi, Acting Director-General of the Ajman Chamber of Commerce and Industry (ACCI), praised the fraternal and deep-rooted relations between the UAE...

Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO

Saudi Arabia Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil...

Pakistan Launches Ambitious Sovereign Venture Capital Fund to Revitalize Startup Ecosystem

Pakistan To invigorate Pakistan's startup landscape, Umar Saif, Pakistan's interim Minister for Information Technology and Telecommunications, has announced the launch of an ambitious sovereign venture...

UAE’s e& completes acquisition of over 50% stake in Careem Technologies

UAE UAE telecom operator e& has successfully finalized the acquisition of a 50.03% stake in Careem Technologies, known as the Careem Everything App. The transaction,...

Moroccan Startup CloudFret Secures USD 2.1 Million for Further Expansion in Europe

Morocco CloudFret, a transport and logistics startup, recently concluded a new funding round, securing USD 2.1 Million from investors, AfriMobility and Azur Innovation Fund.   The...

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