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Nomura to expand Dubai team
India’s FirstCry earmarks AED 50 mn for UAE expansion
Empower to develop second Jumeirah cooling plant
Empower intends to establish a total of six district cooling plants in Jumeirah to produce a total of 256k RT
Al Qassimi Office to invest in African startups + agriculture sector
The private office introduced four new initiatives to support development in Africa
Dubai-based e-mobility startup raises USD 15 mn
E Daddy plans to expand its e-bikes across the GCC and Africa
Abu Dhabi’s Blockchain Center launches USD 100 mn fund with Gate Ventures
Falcon Ventures will collaborate with international regulatory bodies
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
UAE venture capital investments rebound in 2Q 2024
Venture Capital investments in the UAE jumped 113% y-o-y in 2Q 2024
More startups + a VC set up shop in the UAE
US-based visa application platform Atlys, Indian private members community Offline, and ins.-focused VC RB Ventures set up shop in the…
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