Venture Capital stories
2 mn read Fintech Startup Poised to Transform Supply Chain Financing In a groundbreaking move set to reshape the B2B payments landscape, UAE-based fintech startup Comfi has secured a $5 million debt facility from a prominent Abu Dhabi-based private family office. This strategic investment is poised to accelerate Comfi’s ambitious plans in the Buy Now, Pay Later (BNPL) […]
5 mn read Introduction Regolith is a platform specialising in Pre-IPO, venture, funds, and real estate investments. Known for its unique investment products, user-friendly interface and secure access to investing, Regolith stands out in the financial market. The driving force behind this success is a team passionate about the product they create and manage, led by the visionary […]
3 mn read Narrating the story of one of the investors who was participating in BIT’24 Doha, Qatar. His experience had been an exhilarating one and describing the arragements as meticulously orchestrated by Ravi Tharoor and his Khaleej Times team, Bicky Carlra and his WeValue Consulting team, and supported by the investors at growX ventures, MENA FINTECH ASSOCIATION, […]
3 mn read In a world where innovation knows no bounds, drones and robotics have emerged as the frontrunners of technological advancement. These marvels of engineering are reshaping industries, transforming the way we perceive and interact with our surroundings. And nowhere is this revolution more palpable than in the Kingdom of Saudi Arabia, a nation that has wholeheartedly embraced the potential of […]
2 mn read In a region where traditional mortgage processes have long been the norm, one startup is revolutionizing the way people buy homes. Holo, the UAE-based proptech company, has just raised an oversubscribed pre-Series A funding round, signaling a major shift in the Middle East’s real estate landscape. Holo’s successful pre-Series A fundraising round demonstrates the company’s […]
4 mn read In the dynamic world of technology, innovation and diversity are key drivers of success. Yet, women-led tech startups in the UAE often face unique challenges in accessing the support and resources they need to thrive. Enter the “Standard Chartered Women in Tech” accelerator program, a transformative initiative designed to empower women entrepreneurs in the UAE’s tech sector. […]
4 mn read In a stunning ascent on the global stage, the UAE has surged to 18th place globally and 1st in the Middle East according to the World Economic Forum’s latest ‘Travel & Tourism Development Index 2024’. This marks a significant leap from its previous rank, underscoring the nation’s robust development in this sector. The comprehensive report […]
3 mn read Huspy Raises New Funding Round Led by Balderton Capital In a significant milestone for the UAE-based proptech startup Huspy, the company has announced a new Huspy funding round led by Balderton Capital, with participation from existing investor Fifth Wall and others. This strategic investment underscores Huspy’s growth trajectory and its vision to revolutionize the real […]
3 mn read Drake & Scull International (DSI), a leading contracting and engineering firm, is making a significant comeback with an IPO on the Dubai Financial Market, offering up to 2.4 billion shares to raise AED 450 million for restructuring and growth. Company Overview: IPO Details Financial Analysis Key Financial Metrics: Key Ratios: IPO Objectives Market Demand Future […]
5 mn read In a groundbreaking move that underscores the strength and potential of the United Arab Emirates’ real estate market, Property Finder, a prominent UAE-based real estate platform, has raised an impressive $90 million in debt financing from Francisco Partners. This strategic investment not only sets the company’s valuation at a staggering $1 billion but also enables Property Finder to buy […]
