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Saudi Arabia, India to set up investment bridge jointly

NEW DELHI/ WAM India and Saudi Arabia are jointly working to create an “investment bridge” for accelerating pending bilateral investment projects and facilitating investors. Deliberations towards this objective took place at a meeting in Riyadh between Dr Ausaf Sayeed, Secretary in charge of the Gulf in the Indian Ministry of External Affairs and Saudi Arabia’s Deputy Minister for International Partnerships, ...

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Dubai’s DAHC, Axdev, Pfizer Global partner for patients’ enhanced care

DUBAI / WAM The Dubai Academic Health Corporation (DAHC), AXDEV Global, and Pfizer Global announced a public-private partnership to enhance care for patients diagnosed with chronic illnesses, supported by an independent grant from Pfizer Global Medical Grants. The goal of the collaboration is to establish an evidence-based model in performance and quality improvement to support the adoption of best practices ...

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Abu Dhabi’s Hub71 tech start-ups raise AED4.5bn in venture funding

ABU DHABI / WAM In 2022, Hub71, Abu Dhabi’s global tech ecosystem, experienced a remarkable 102% growth in its community, with more than 200 start-ups joining its ranks, including 51 early-stage companies relocating to the UAE’s capital to scale their businesses rapidly. Since its inception, these start-ups have collectively raised nearly AED4.5 billion ($1.2 billion) in venture capital and created ...

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