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Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

TMT

01 October, 2024

Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

Tokenisation of real assets is gaining traction in emerging markets but continues to face challenges due to lack of a ......

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MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

TMT

27 September, 2024

MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

Venture capital investment activity in the Middle East and North Africa (MENA) region slowed down in the last week of ......

Abu Dhabi wealth fund ADQ raises $2 bn via bond issue

Finance

26 September, 2024

Abu Dhabi wealth fund ADQ raises $2 bn via bond issue

Abu Dhabi sovereign wealth fund ADQ sold a $2 billion two-tranche bond on Wednesday, fixed income news service IFR reported, ......

Uber teams up with China's WeRide to roll out robotaxis in UAE

TMT

26 September, 2024

Uber teams up with China's WeRide to roll out robotaxis in UAE

Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm's vehicles to the rideshare ......

South African lender Investec opens office in Dubai's financial centre

Finance

26 September, 2024

South African lender Investec opens office in Dubai's financial centre

South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, in ......

UAE's Masdar buys Brookfield's Saeta Yield in $1.4 bn deal

Infrastructure

24 September, 2024

UAE's Masdar buys Brookfield's Saeta Yield in $1.4 bn deal

United Arab Emirates' renewable energy company Masdar said on Tuesday it has reached an agreement to buy green energy firm Saeta ......

General Atlantic planning to open office in Abu Dhabi

Finance

23 September, 2024

General Atlantic planning to open office in Abu Dhabi

General Atlantic plans to open an Abu Dhabi office by the end of the year and move a dealmaker from ......

TSMC, Samsung consider building chip factories in UAE: Report

TMT

23 September, 2024

TSMC, Samsung consider building chip factories in UAE: Report

Two of the world's largest chipmakers, TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab ......

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MENA Digest: UAE's SaaS startup Seez leads funding activity this week

General

20 September, 2024

MENA Digest: UAE's SaaS startup Seez leads funding activity this week

UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as ......

Mubadala, Aldar extend tie-up to own over $8 bn of assets in Abu Dhabi

Infrastructure

19 September, 2024

Mubadala, Aldar extend tie-up to own over $8 bn of assets in Abu Dhabi

Developer Aldar Properties and sovereign fund Mubadala have extended their partnership to own and manage assets worth over $8.2 billion ......