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Octa secures USD 2.25 mn in pre-seed funding
The funding round was co-led by Quona Capital and Sadu Capital
Core42 begins deploying Nvidia tech
ALSO- Aldar-owned London Square launched its first residential projects in the UK
Abu Dhabi topping the Mena region in SWF capital made headlines + more on the US’ AI exports to the UAE
Global SWF founder and managing director called the emirate a “powerhouse” for sovereign capital
4Partners secures USD 3.6 mn in latest funding round
The startup will use the funding to expand in the UAE and the wider region
THIS MORNING: Adia to participate Adani’s USD 2 bn share sale? + Dubai will be 90% cashless by 2026
Plus: Acelen bondholders are getting antsy as talks for a sale of the Mataripe refinery from Mubadala drag on
UAE’s banking sentiment fell 13% y-o-y in 2023 on complaints of customer service, operational issues
Incumbent banks received a higher sentiment score than digital ones
Worldpay appoints Sultan Al-Ahbabi as chair of UAE board
Al-Ahbabi will act as an independent non-executive director
DNEG's AI platform Brahma sets up headquarters in Abu Dhabi
Brahma executive chairman Prabhu Narasimhan relocating to the emirate as part of the move
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