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Wadi.com’s record funding

Dubai-Riyadh / EMIRATES BUSINESS Wadi.com, the fastest growing e-commerce platform of the Middle East, has raised USD 67m with Al Tayyar Travel Group . The investment marks the largest series A funding in the tech history of the Middle East and will further accelerate the growth of the company. Wadi.com was started in 2015 by the Mideast Internet Group , ...

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RIU Hotels, Nakheel sign pact

PALMA DE MALLORCA/ WAM RIU Hotels & Resorts and Dubai master developer Nakheel have formally signed their business partnership agreement. Ali Rashid Lootah, Chairman of one of the Middle East’s biggest developers travelled to Mallorca to sign the joint venture agreement with Luis Riu, CEO of RIU Hotels. Thanks to this partnership, the chain’s first hotel in Dubai will become ...

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FNC, govt constitute team

ABU DHABI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC) has expressed the FNC’s wishes for every success for the new government in the performance of its tasks and in foreseeing the future of the country, stressing that the FNC and the government constitute a working team with an aim to achieve further progress. He ...

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