Thursday , 21 November 2019

Investment

Abu Dhabi’s Mubadala Ventures focuses investments in tech startups

Mubadala’s objective is to become one of the largest global tech investors Mubadala Investment Company is investing millions of dollars in many companies in US and worldwide, according to UAE daily The National, which cited a top executive at the Abu Dhabi–owned state fund. “Mubadala has taken a view that technology is going to become core to a lot of …

Read More »

CNES at World Expo 2020 in Dubai

The World Expo in Dubai will run from October 20th 2020 to April 10th 2021. CNES and COFREX (Compagnie Française des Expositions) signed a partnership agreement concerning CNES’s presence in the French Pavilion at World Expo 2020 in Dubai. The World Expo in Dubai will run from October 20th 2020 to April 10th 2021. Covering 438 hectares and focused on …

Read More »

Dubai FDI’s Global Promotional Investment Team announces preparations for investment mission to China

Dubai high-level delegation to lead ‘Dubai Advantage Forum 2019’ in Shanghai on June 24 Roundtable discussion and series of meetings to be held in Shenzhen set to expore investment partnership opportunities In support to the UAE’s important role as a ‘vital station along the new Silk Road’ as reflected in the latest agreement between China and the UAE valued at …

Read More »

Can banks do more to support SMEs in the UAE?

SMEs are the backbone of the UAE’s economy, accounting for around 94%of businesses in the country Against a backdrop of geopolitical and economic instability, the financial services industry has a crucial role to play in helping SMEs navigate a challenging climate. Beyond simple financing products, banks can support SMEs by providing a broader range of tools to enable them to …

Read More »

Omantel launches an international wholesale entity to expand its Global Service Offering

Omantel International (OTI) will manage the International Voice business of Omantel and deliver simple and streamlined access to global Voice solutions Dubai: Omantel Wholesale, a leader in ultra-low latency networking, has launched an international wholesale company called Omantel International (OTI). The public announcement took place during the Capacity Middle East 2019 event in Dubai, UAE. OTI is managing Omantel’s international …

Read More »

Emerging technology giants confirm attendance for the inaugural Abundance 360 Summit in March 2019

Dubai hosts Inaugural Abundance 360 Summit in March 2019 Event held under the patronage of His Highness Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, Chairman of the Board of Trustees at Dubai Future Foundation. Dubai: A world-class speaker line up has just been announced for the signature Abundance 360 (A360) Summit, …

Read More »

UAE-based solar developer raises $65mln from global investors, eyes larger funding by 2020 – CEO

Yellow Door Energy plans to use proceeds to break into new Arabian Gulf and African markets Dubai-based Yellow Door Energy (YDE), a provider of solar energy solutions in the Middle East and Africa, has raised $65 million from international investors in Series A funding, its chief executive said. “We have five global investors that are funding this equity in Yellow …

Read More »

Bahrain’s Investcorp, Coller form $1bln European private equity fund

The deal also includes fresh capital for any follow-on investments and future investments Bahrain-based alternative investment manager Investcorp said on Monday it was forming a $1 billion European private equity portfolio with Coller Capital. Investcorp, founded in 1982, is one of the oldest Middle Eastern private equity houses and is targeting $50 billion of assets under management over the medium …

Read More »

Abu Dhabi leads international sustainability agenda

Abu Dhabi brings together investors and service providers at Abu Dhabi Sustainability Week to facilitate investment partnerships Abu Dhabi is playing a pivotal role in leading the global sustainability agenda by enhancing its position as a regional centre for sustainable financing and meeting the needs and opportunities of the Middle East and North Africa, MENA, region. In this regard, Abu …

Read More »

New 100% investment law redefines UAE’s business landscape

Among a spate of path-breaking reforms aimed at fuelling economic growth. The new UAE investment law, which allows up to 100 per cent ownership to foreign investors in some specific onshore business sectors, is expected to give a major fillip to private and foreign direct investments (FDIs). In the first quarter of 2019, the government is expected to announce a …

Read More »