DUBAI / WAM ‘Dubai Can’, the citywide sustainability movement launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, in February 2022, has generated significant results in line with World Water Day. One month since the launch of the campaign on February 15, the initiative has resulted in ...
Read More »Shuaa Capital launches $250m venture debt fund
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 ...
Read More »EDB, EmiratiEA partner to accelerate support for Emirati start-ups, SMEs
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 ...
Read More »Dubai records AED1.9b worth of realty deals
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 ...
Read More »Shuaa Capital announces $250m venture debt fund
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 ...
Read More »UAE is a prime example of an economic miracle: Marcos Troyjo
Dubai / WAM Marcos Troyjo, President of the New Development Bank, said that the UAE is a “prime example of an economic miracleâ€, while speaking at the fourth edition of the Global Business Forum Latin America (GBF LATAM) 2022, which kicked off on Wednesday in Dubai. In a session titled ‘New Priorities for the Post-Covid World’, Troyjo explored the ...
Read More »ADQ, Turkey’s TWF launch $300m venture capital fund
Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Turkey Wealth Fund (TWF) on Wednesday launched Turkey Technology Fund — ADQ TWF, which will invest in venture capital funds and high-growth potential companies in Turkey. Building on the UAE’s platform to support strategic investments in Turkey, the new fund was launched by Mohamed Hassan Al ...
Read More »Natural History Museum Abu Dhabi project launched
Abu Dhabi / WAM HH Sheikh Khaled bin Mohamed bin Zayed, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, on Wednesday launched the Natural History Museum Abu Dhabi project. The new museum, which will be the largest of its kind in the region, will take visitors on a 13.8 billion-year journey through time and ...
Read More »Dubai real estate market a safe haven for investment
Dubai / Gulf Time The cosmopolitan city of Dubai which is synonymous with the plush shopping malls, penthouses and real estate activity is fast returning to normal. The operations which had taken a back seat due to the Covid-19 pandemic are gaining momentum. As per the figures issued by Dubai Land Department (DLD), Dubai real estate market recorded 368 ...
Read More »Investopia Summit signs deal with Crypto.com
DUBAI / WAM Investopia Summit, an initiative launched by the UAE Government in September 2021, and in partnership with the World Government Summit, announced a new world partnership through signing a memorandum of understanding (MoU) with the world’s fastest growing cryptocurrency platform, Crypto.com. Under this agreement, Crypto.com will be the exclusive global Cryptocurrency Trading Platform partner of Investopia Summit, ...
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