Recent Posts

in5 startups raise AED65m in H1 of 2020

DUBAI / WAM in5, an enabling platform for startups and entrepreneurs launched by Tecom Group, on Monday announced that its members have raised more than AED65 million in direct investment, through multiple funding sources such as venture capital funds or angel investors, during the first six months of this year. “After generating more than AED400 million in funding between 2013 ...

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Laboratory-grown diamond firm Lumex establishes base in DMCC

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed Lumex to the expanding community of laboratory-grown diamond businesses within the Free Zone. Lumex is the latest laboratory-grown diamond business to select Dubai and DMCC as the base of its operations in the region. “Since its inception ...

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100-year old Al-Sarh tree discovered in Abu Dhabi

Abu Dhabi / WAM Studies by the Environment Agency – Abu Dhabi (EAD) have identified a single example of a species of tree not previously recorded in the Emirate, it was announced on Monday. It is believed by local inhabitants to be over 100 years old. The tree, known locally as Al-Sarh, is a member of the caper family, with ...

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