While major cities like New York and London may be regarded as the world capitals of private equity firms, this might be something of a blinkered approach. That’s because opportunities await the PE professional virtually anywhere across the globe – including in Dubai. This key member of the UAE may be seen more as a glamorous […]
360VUZ, a Dubai, UAE-based immersive video app, raised $5.8M in Series A funding.
Zon, a Dubai, UAE-based decentralized mobile-only e-commerce network, closed an $8m seed funding round.
Over the last two decades, Dubai has emerged as one of the most popular destinations for real estate investment. But as with any market, there are ups and downs. So, is it really worth investing in the Dubai real estate market? Korter.ae puzzle out the positives and negatives of buying real estate in Dubai.
TruKKer, a Dubai, UAE-based on-demand truck aggregator, raised $23m in Series A funding.
Bayzat, a Dubai, United Arab Emirates-based company providing a free platform for human resources (HR), payroll and employee benefits, raised $16m in Series B funding.
Jollychic, a Chinese e-commerce platform focusing on the Middle East region, recently completed its US $65m (AED 238.5m) Series C+ funding round.
FlexxPay.com, a Dubai, UAE-based social impact startup, raised a funding round of undisclosed amount.
Tenderd, a Dubai, UAE-based heavy equipment rental marketplace for the construction industry in the MENA region, raised $5.8m in seed funding.
The Abu Dhabi Investment Office, ADIO, has launched an AED535m fund to grow Abu Dhabi’s Venture Capital, VC, and start-up ecosystem.
Travelstart, a Cape Town, South Africa- and Dubai, UAE-based online travel company, received an investment from HarbourVest.
Property Finder, a UAE-born real estate portal in the MENA region, acquired Bahrain Property World, a property portal in Bahrain.
San Francisco, California-based Uber is to acquire Middle East, Africa-focused transportation network company Careem, for $3.1 billion.
Beehive, a Dubai, UAE-based fintech P2P SME lending platform, raised $4m in Series B funding.
Student.com, a Dubai, United Arab Emirates-based marketplace for student accommodation, received an additional $10m funding as part of its Series C+ round.