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UAE start-ups account for 88% regional deal value

DUBAI / Emirates Business UAE start-ups secured $31.36 million in investments which account for 88 percent of the whole deal value of the region. Local services, e-commerce & financial services are the top three industries accounting for 44 percent of the entire deal count. In addition, logistics (9.3 percent), software (7.1 percent), media (4.6 percent), education (4.6 percent) and transportation ...

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Oil nears 4-month high on Opec commitment to cuts

Bloomberg Oil gained for a second straight week as Opec assured traders it’s committed to culling supplies ahead of a key meeting with allies in Azerbaijan this weekend. Futures advanced 4.4 percent in New York and settled just pennies off a four-month high. Opec self discipline and a surprise reduction in US crude inventories signalled tightening supplies, but concern that ...

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Seminar to enhance UAE-Spain investment ties held

Sharjah / Emirates Business The Sharjah FDI Office (Invest in Sharjah) concluded the emirate’s first-ever Sharjah-Barcelona Business Seminar, engaging with more 150 Spanish investors and senior officers at the Spanish city of Barcelona, in a bid to enhance Emirati–Spanish relations in trade and investment. The seminar was focused on exploring new investment opportunities in education and healthcare, and other sectors ...

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