DUBAI / WAM Shuaa Capital, a leading asset management and investment banking platform, on Wednesday announced the launch of Shuaa Venture Partners, a $250 million Shari’ah fund, focused on venture debt investments. The fund is the largest venture debt fund in the GCC and has been established to support the growth of regional technology and technology-enabled leaders that are ...

  ABU DHABI / WAM In line with its commitment to support the Emirati entrepreneurial ecosystem and boost their contribution to UAE’s economic growth, the Emirates Development Bank (EDB) has received a high-level delegation from Emirati Entrepreneurs Association (EmiratiEA) to discuss closer collaboration and accelerate support for Emirati start-ups and SMEs. The EmiratiEA delegation was led by Sanad Mohammed Al ...

  DUBAI / WAM Dubai’s real estate market recorded 474 sales transactions worth AED1.52 billion and mortgage deals of AED441.56 million, in addition to 11 gift transactions amounting to AED27.4 million, data released by the emirate’s Land Department (DLD) showed. The sales included 376 villas and apartments worth AED849.54 million, and 98 land plots worth AED671.55 million. The mortgages included ...