Dubai / Emirates Business The tech entrepreneur sector has grown by over tenfold since the nascent Venture Capital industry emerged four years ago. This encouraging revelation has been made by BECO Capital, a regional venture capital firm focussed on technology investments in the Gulf Cooperation Council (GCC) countries. This growth has allowed more and better quality investments in promising start-ups …

OUR CORRESPONDENT / Emirates Business Bahrain’s Al Abraaj group, a leading investor operating in global growth markets, announced their first venture in the UAE, with YaSalam! Restaurant in Jumeirah Lake Tower, Dubai. As the economy of F&B industry in the UAE is undergoing a significant growth, it has been estimated that the industry is to witness 1,600 new F&B outlets by …

Abu Dhabi / EMIRATES BUSINESS Khalifa University and the Global Education Energy Environment (Global EEE), in cooperation with Launchpad, announced the 2016 Global Hybrid-Electric Challenge, which will debut to feature electric cars built by students on April 7 to 9 at the Al Forsan International Resort in Abu Dhabi. In two Grand Prix races, 17 teams from universities around the …