Yango Group launches fund to support startups in emerging markets: Dubai-based tech company Yango Group launched Yango Ventures, a USD 20 mn corporate venture fund aimed at supporting early-stage startups across Latin America, Sub-Saharan Africa, the Middle East, North Africa, South Asia, and other high-growth regions, according to a press release (pdf). What we know: […]
Author Archives: enterpriseam admin
NymCard secures USD 33 mn in Series B to expand embedded finance in MENA
Existing investors Lunate, Dubai Future District Fund, Mashreq Bank, and Shorooq joined the round, with new backing from Oraseya Capital
Dhhruv Verma joins iACCEL GBI as strategic growth advisor
Verma brings over two decades of expertise in consumer engagement and scaling businesses
ADNH Catering finalizes Food Nation Catering Services acquisition
PLUS: DP World rolls out green freight fleet at Jebel Ali
Fed holds rates steady, warns of rising inflation and slower economic growth
The Fed lowered its GDP growth forecast for the US to 1.7%, down from 2.1%
Sheikh Tahnoon bin Zayed meets with Trump + UAE to expand mutual investments and areas of economic collaboration with EU
Investment opportunities were identified in logistics and renewable energy for the EU, and AI and technology for the US
MARCH 7 February-29 April (Friday-Tuesday): The Abu Dhabi Festival, Abu Dhabi. 16-20 March (Sunday-thursday): The Augmented Humans International Conference 2025, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), Abu Dhabi. 24-28 March (Monday-Friday): Subscription period for Methaq Takaful’s rights issue on the ADX. 29 March (Saturday): New traffic regulations and minimum driving age to take […]
THIS MORNING: Interest rate decision coming today + Zapp to come to the UAE?
Plus: Mubadala eyes consortium to launch Brazil stock exchange
CBUAE, ICAEW are upbeat on the UAE’s growth this year
The central bank revised up its forecast for GDP by 0.2 percentage points to 4.7%