ABU DHABI / WAM A total of 24 venture capital funds have been incorporated by the Securities and Commodities Authority (SCA) by the end of 2016, running assets of more than AED2.4 billion, according to SCA statistics. Most of these funds are affiliated to local banks and a number of other financial institutions, investing their assets in the UAE capital ...

DUBAI / Emirates Business The Dubai Airport Freezone Authority (DAFZA) participated at the 19th International Logistics and Material Handling Exhibition (SIL) in Barcelona, Spain. DAFZA’s participation in the event aimed to help increase foreign direct investment (FDI) opportunities between the Freezone and investors from Spain and the other participating countries.

Dubai / Emirates Business Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects, has announced an unprecedented initiative titled “Our Future”. The initiative aims to prepare the UAE for a post-oil era by supporting the establishment world-class Emirati start-ups and growing them into global companies that generate massive economic and social returns to the ...