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Hub71 selects 19 new startups for 3rd cohort

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, on Monday announced the latest cohort of startups selected to join its rapidly growing startup community, with an increasing number of startups led by female founders. The successful startups, chosen from hundreds of applicants, will benefit from Hub71’s Incentive Programme, which reduces the cost of living and business set up ...

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DGCX records strong interest in G6 currencies

DUBAi / WAM The Dubai Gold and Commodities Exchange (DGCX) continued its strong growth trajectory during October, with its G6 currencies portfolio a standout performer during the month. The portfolio recorded an impressive year-to-date (y-t-d) volume growth of 378%, compared to same period last year. Among G6 currency pairs, Euro and British Pound Futures Contracts registered strongest performances, recording an ...

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Nasdaq Dubai welcomes listing of $600 million sukuk by ICD

Dubai / WAM Nasdaq Dubai has welcomed the listing of a $ 600 million sukuk by the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB). The capital raised from the sukuk will support ICD’s wide-ranging development activities within its 55 member countries which include creating competition, entrepreneurship, employment ...

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