Category: Investment
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The Game Company Raises $5 Million at $40 Million Valuation
11th May 2023, Dubai, UAE – Revolutionary AI-driven cloud-based gaming platform, The Game Company, raised $5 million during their pre-seed round in December. The funds will be used to accelerate the development of The Game Company’s powerful platform and leverage AI technology to create an interconnected multi-role ecosystem. Their approach to create a unique AI-driven…
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Enhancing E-commerce Convenience: FedEx Launches Picture Proof of Delivery for Residential Deliveries in the UAE, Bahrain, and Kuwait
Dubai, UAE, May 11, 2023 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest transportation company, recognizes that for the increasing number of consumers shopping online, the ultimate sense of assurance comes from knowing that their package has been delivered to their door. As a result, FedEx launched Picture…
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DIFC-based TWIG Launches Region’s First Automated Savings Platform after securing Seven-Digit Investment and DFSA Approval
Dubai, UAE; 10 May 2023: TWIG Solutions Ltd (“TWIG”), a financial technology start-up based out of Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has received an Innovation Testing Licence (ITL) from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted…
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Q Properties launches phase 2 of its new Reem Hills luxury apartments
Abu Dhabi, UAE – 09 May 2023: Q Properties – a leading UAE real estate developer and subsidiary of Q Holding – has announced the launch of phase 2 of its new luxury apartments in Reem Hills after buyers snap up all phase 1 units in record time. These apartments come with a 2 years’…
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Deyaar reports increase in Q1 2023 profits, exceeding AED 56 million
Dubai, UAE 9 May 2023: Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, has reported increase in its profits in Q1 2023 compared to the profits of the same period in 2022. This was announced in a filing to the Dubai Financial Market, where Deyaar shares are…
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Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33
Dubai, UAE, 09 May 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region and the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, have signed a Letter of Intent, which will aim to drive the future of finance,…
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British developer LEOS confirms a surge in demand for its premium quality residential community, Hadley Heights in JVC
Dubai UAE, 9th May 2023: LEOS Developments, a well-known and respected luxury property developer with a presence in both the United Kingdom and the Middle East, has received significant interest from international clients and UAE residents following the announcement of its first premium residential property development, Hadley Heights, located in Jumeirah Village Circle (JVC). In…
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EXPLORE INDIA WITH A TAILORED ESCAPE THIS SUMMER BY THE LEELA PALACES, HOTELS AND RESORTS
India; 26 April 2023: The Leela Palaces, Hotels and Resorts has launched the perfect summer getaway offering for travellers from the GCC with the “Your Stay. Your Way” offer. Designed to provide guests with customized ways to connect with their loved ones, explore new destinations, or simply escape from the routine, the summer offer provides…
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Eshraq Investments: AED 162 million for the sale of 58 residential units in Burj Daman.
Abu Dhabi, UAE; 17 March 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has entered into Memoranda of Understanding (“MOU“) with regard to the sale of all the 58 apartments it owns in Burj Daman-DIFC-Dubai for a total sale consideration of AED 162 million. The transactions are a continuation of the Company’s…
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Deyaar launches iconic luxury seafront residential tower Mar Casa at a value of AED 1.1 billion
Dubai, UAE; 15th March: Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity,…
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