Pluto, UAE’s leading corporate card and expense management platform, has announced the successful raise of US$4.1 million in a pre-Series A funding round. The news comes just weeks after co-founder Mohammed Ridwan announced that the company had crossed AED 1Billion in spend under Pluto’s management. The round was led by existing and new investors, including […]
Aditum Investment Management Limited, a privately owned asset management company based in the DIFC, is thrilled to announce that their DIFC platform, Aditum Global Access ICC Ltd, has surpassed US$200m in assets under management, as of 17 January 2025. Manoj Mahadev, Aditum’s Head of Investments, stated: “This accomplishment reflects not only the strength and breadth […]
Innovate Living has revealed the record-breaking sale of Allegra, a 28,154-square-foot villa located on G Frond, Palm Jumeirah. The villa, listed at AED 230 million, solidified the company’s reputation as a leader in delivering contemporary minimalism and understated luxury in Dubai. The extraordinary sale of the villa, facilitated by Sotheby’s International Realty, ranks among Dubai’s […]
A new study from e& and the IBM Institute for Business Value highlights transformative trends in AI adoption and opportunities poised to redefine digital transformation across the Middle East and North Africa (MENA). Titled “MENA’s AI advantage: Opportunity to leap ahead and lead,” the report explores insights gathered from interviews with key regional CEOs and policymakers […]
“While much of the conversation around Dubai’s property market in 2024 has centred on whether a slowdown is imminent, the numbers tell a different story,” said Luke Remington, Managing Director of haus & haus. “By analysing over 30 communities, our report highlights the key areas driving growth, providing fresh perspectives for anyone covering the market.” […]
Rotana, a leading hotel management company across the Middle East, Africa, Eastern Europe, and Türkiye (MENAT), announces the appointment of Nada Sheshtawy to the role of Chief Commercial Officer (CCO), today. Nada Sheshtawy brings nearly three decades of experience to the role, having completed successful tenure with some of the most prestigious global hospitality brands, […]
Launched in 2017 under the principle of “Inspiring Positive Change,” the TRT World Citizen Awards, one of TRT’s most significant social responsibility initiatives, celebrated its sixth edition this year. The awards, given to individuals from various countries who have made significant global contributions to their communities, aim to amplify their stories worldwide and inspire positive […]
SelfDrive Mobility, the leading mobility tech platform in the Middle East, proudly announces the expansion of its fleet with the latest BMW and Mini Cooper models, sourced directly from authorized dealerships. This strategic addition enhances the company’s subscription portfolio, offering customers unparalleled access to luxury vehicles at competitive rates while redefining the driving experience. The […]
500 Global, a leading global venture capital firm, today announced the launch of 500 MENA, L.P. (the “Fund”), a new fund dedicated to investing in high-growth technology startups across the Middle East and North Africa (MENA) region both from outside and inside the current 500 Global portfolio. This strategic move positions 500 Global to support […]
After more than 18 years of distinguished success in Dubai’s real estate sector, Elysian Developments has made a bold entry into property development with the launch of its inaugural project, Esmé Beach Residences. Unveiled under the shadows of the iconic Museum of the Future – the beautiful venue was hand-picked by the founders to showcase […]
