Abu Dhabi / WAM GCC-based venture capital firm VentureSouq (VSQ) announced the launch of its Mena fintech fund, the region’s first sector specific fund focused on FinTech across the Middle East & North Africa (Mena) region and Pakistan. The $50 million VentureSouq fund invests in early-stage fintech and SaaS companies and focuses on key subsectors including payments infrastructure, alternative credit, ...

ABU DHABI / WAM The Abu Dhabi Investment Office (Adio) welcomed more than 240 UK business leaders, entrepreneurs and innovators to the inaugural event organised by its London office to discuss expansion opportunities to the United Arab Emirates (UAE) capital. The main event took place virtually and featured speeches and panel discussions on advantages of investing in emirate’s enabling business ...

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) said it has recorded a remarkable growth in the number of customers from different parts of Dubai to obtain company’s high-quality environmentally-friendly district cooling services. During the first nine months of this year, Empower has witnessed a growth of 49% in the number of new registered individuals and companies, compared to ...