Tosin Eniolorunda and Felix Ike are reportedly behind Africa’s fastest-growing fintech company. According to a press release shared with AFROTECH™, the founders lead Moniepoint, which initially …
Considering Buying Dubai Real Estate? Here’s What You Need To Know
Dubai Is One Of The Easiest Places To Buy Real Estate Dubai is one of the most popular foreign markets right now for a variety of reasons. There is no real estate tax, capital gains tax, or income tax …
What You Need to Know About Forming a Company in Dubai: Freezone & Mainland
Dont be surprised if among the tallest skyscrapers in the world and lavish hotels in prime locations you find Dubai a favourable location for investment and entrepreneurship If this cosmopolitan city …
UAE: ‘SAFEEN Subsea’ launches unmanned vessel for offshore operations
This innovative vessel is controlled from an onshore Remote Operation Centre, utilising advanced navigation and safety technologies to ensure continuous and secure operations …
Moniepoint Becomes Africa’s Latest Unicorn After $110 Million Raise
Moniepoint, an African fintech startup, has gained unicorn status after securing $110 million in funding, with Google being one of the investors. Development Partners International’s African […] …
E& enterprise in partnership with World Wide Generation signs sustainability fintech agreement with Commercial Bank International
CBI to be part of the co-creation of a National Sustainable Finance Utility, supporting the UAE’s goal to mobilise AED 1 trillion in Sustainable Finance by 2030 …
UAE Leads the Charge in Global Trade Innovation with Groundbreaking TradeTech Initiative
The UAE, in partnership with the World Economic Forum, launched the Virtual Global Trade Regulators Roundtable, discussing the transformative impact of technology in international trade. The TradeTech …
Abu Dhabi seized 179 counterfeit pharmaceutical products in 2024 so far
Abu Dhabi Health Authority has revealed the monitoring of 179 counterfeit pharmaceutical products since the beginning of 2024, including dietary supplements, bodybuilding products, stimulants, …
ITA Airways Launches Daily Nonstop Flights from Dubai to Rome
New Direct Service to the UAE Operated by the Cutting-Edge Airbus A321neoAs an Ambassador of “Made in Italy,” ITA Airways Unveiled Brand, Network, and Winter Season Highlights at Dubai Media Event ITA …
Abu Dhabi’s CYVN Set to Take Stake in Sports Carmaker McLaren
CYVN Holdings LLC, an investment firm backed by Abu Dhabi, has signed a preliminary deal to take a stake in British luxury carmaker McLaren and take full control of its automotive business.
Abu Dhabi’s CYVN Holdings Enters Non-Binding Deal to Buy McLaren’s Automotive Business
DUBAI (Reuters) – Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100% of carmaker McLaren’s automotive business from Mumtalakat, the sovereign wealth fund …
Lulu Retail Holdings Plans Record $1.4 Billion IPO in UAE
Lulu Retail Holdings aims to raise up to $1.43 billion in the UAE’s largest IPO this year, offering 25% of its shares. Listing expected on November 14.
21.7 million passengers recorded in Jan-Sep 2024: Abu Dhabi Airports
Abu Dhabi Airports today announced exceptional year-to-date (YTD) passenger traffic growth, welcoming 21.7 million passengers across its airports as of 30th September, 2024.
Inaugural Abu Dhabi Business Week To Run In December 2024
The UAE capital of Abu Dhabi is set to host the inaugural Abu Dhabi Business Week (ADBW) from December 4 to 6, 2024, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of HH …
3 footballers sentenced to one month in prison, fined Dhs200,000 each over assaulting a public employee in Abu Dhabi
The players were convicted of assaulting public employees while performing their duties and of inciting public disorder and riots in front of fans during the football match between Zamalek and …
Sharjah’s extra paid parking hours at 7-day zones a ‘relief’ for some residents; here’s why
Sharjah’s move to extend paid parking hours at seven-day zones may mean higher fees— but for many of the emirate’s residents, it comes as a relief. For the..
Crown Prince of Abu Dhabi arrives at Singapore Parliament House
Upon arrival, His Highness was welcomed by Lawrence Wong, Prime Minister of Singapore. An official reception ceremony was held, during which Lawrence Wong escorted Sheikh Khaled Bin Mohamed Bin Zayed …