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Presight-Shorooq AI Fund deploys capital into five US- and UAE-based startups
The vehicle invested over USD 18.5 mn in five startups
Organic growth powers Presight, but M&A is now in focus
Presight upgraded its outlook to 20-25% annual revenue growth and 21-26% earnings growth, with Roger Tejwani telling EnterpriseAM UAE that…
Modon invests in Jersey Tower + Presight to roll out smart infrastructure program in Albania
Modon took a stake in a 54-story residential tower in Jersey city, 75% of which is earmarked for rent
Dubai Airshow wraps up with plenty of agreements to boost eVTOl, manufacturing, and defense sectors
A local eVTOL player gets a boost + Strata inks another Airbus manufacturing agreement
HNWI exodus draws Bentley Reid to DIFC
Plus: Snoc finds more gas at Al Hadiba
THIS MORNING: Mubadala to tap debt markets again this month + Reuters poll positive on UAE growth this year
Plus: Zayed National Museum to open on 3 December
Davidson Kempner latest to join ADGM rush
Plus: Al Mal Capital REIT enters healthcare space
Agreements flood in with Gitex in full swing
AI was in the spotlight on the second day of Gitex Global 2025, the sprawling tech and startup show that’s…
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