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Dubai is getting its second-tallest building soon
The building will be completed in four years
Startups with the most potential in 2024, according to Flat6Labs
These startups are well-positioned thanks to their focus on sectors with government backing
ADCB to set up shop in KSA + Dubai billboards for Saudi-Emirati JV
The JV is owned by Saudi’s Al Arabia Out of Home Advertising, Mawaqie, and an undisclosed Emirati company
Travel tech player Lokalee closes USD 5.6 mn round + Agri-trade fintech Maalexi raises USD 3 mn
MENA venture capital firm Global Ventures led the funding round
New regulations for short-term credit amid rising demand for BNPL
The framework lays out regulations for companies looking to extend short-term credit in the UAE
Dubai Ins. gets “A” rating from Fitch + Qashio with Emirates Skywards
Fitch nodded to Dubai Ins.’ strong capitalization + healthy profitability
Investor interest in UAE tech startups is waning
Late-stage financing saw the largest y-o-y drop in investments
Careem wants to level up its international remittances feature
Careem partnered with iPiD to streamline Careem Pay’s remittances feature
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