Dubai / Emirates Business Middle East Venture Partners (MEVP) on Wednesday announced the launch of its third MENA venture capital fund – the Middle East Venture Fund III (MEVFIII) – with a target size of USD 250 million. MEVFIII will invest in innovative early-stage and growth-stage tech companies in the MENA and Turkey region. The launch of the new fund follows …

Abu Dhabi / Emirates Business Abu Dhabi witnessed a dramatic double digit increase in the number of hotel guests during August compared to the same period in 2016, helping to drive the total number of guests staying in the emirate to more than 3.1 million for the first eight months of the year. Figures released by the Department of Culture …

Ajman / Emirates Business In a move that would support and reinforce the UAE’s consistent endeavor to enhance FDI flows into the country, Ajman Free Zone (AFZ) announced that it has started offering corporate re-domiciliation services to global offshore companies in its premises. In a statement, AFZ said its re-domiciliation facility comes at a time when there is an increasing …