Abu Dhabi / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the nation, and Abu Dhabi Commercial Bank PJSC (ADCB) have announced the signing of a memorandum of understanding (MoU) to boost financial inclusion of small-to-medium sized enterprises (SMEs) through a joint credit guarantee scheme. The partnership will enable SMEs ...

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, on Monday announced its startup community has raised $1 billion in venture capital collectively since its launch in 2019. The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies each with a proven track record of attracting large-scale investment from leading venture ...

  Sharjah / WAM Sharjah Media City (Shams) has launched a new venture builder called ‘Shams Valley’ to launch startups in the media and technology sectors, create new opportunities for the growing economy of the emirate of Sharjah, and play an active role in enhancing its diversity and competitiveness. Launched in collaboration with leading UAE-based venture building studio Grow Valley, ...