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Dubai-based sustainable sailing club secures USD 1 mn in pre-seed funding
PLUS: Positive Zero and Schneider Electric to ramp up adoption of clean energy technologies in UAE and Oman
One Moto + Global Synergy Trading to expand into India
PLUS: Luxury hotel Delano to open Dubai branch
Dubai ramps up public-private partnerships for development, approves regulatory framework for Dubai Sandbox
The council approved an AED 40 bn budget for the Dubai Portfolio for Public-Private Partnership
G42 to develop AI corporate assistant
PLUS: Visa, Paymate and Merex partner to develop a B2B digital rental payments system
German Mitgo acquires finance platform Embedded
Embedded founder will lead the new platform
Alef Education moves forward with planned IPO
The firm selected EFG Holding and FAB to advise on the potential IPO
ADCB, HSBC, Commercial Bank of Dubai among underwriters for Investcorp’s USD 800 mn RCF
The influx of capital will allow Investcorp Capital to repay an existing USD 600 mn facility
Mashreq plans to double down on AI for new app, with an eye to develop a superapp
The bank reports “overwhelmingly” positive feedback on the new app, which it plans to develop into a superapp in the…
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