Global challenge leverages Dubai to attract game-changing solutions developed by innovative startups

Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, has launched a prestigious international competition designed to inspire and attract innovative solutions that utilise advanced digital technologies and create a major economic and social impact. The announcement was made on the sidelines of GITEX Global 2022 in Dubai and concluded the […]

Ma’an announces official launch of social enterprise accreditation in Abu Dhabi

Following Abu Dhabi’s third sector development strategy of the Department of Community Development – Abu Dhabi and its social enterprises’ classification framework, the Authority for Social Contributions (Ma’an) today announced the official launch of its Accreditation for Social Enterprises, a first-of-its-kind scheme in the UAE that provides socially-driven organisations with branding recognition stamp to signify their […]

Hub71 and GetFundedAfrica to increase international expansion and fundraising support for startups

Hub71, Abu Dhabi’s global tech ecosystem, has launched an expansive partnership with GetFundedAfrica, a tech-enabled marketplace that matches startups, investors (VCs & Angels), corporations and government to support the growth of tech startups. Announced during GITEX Global 2022 in Dubai, the new cross-border program aims to provide a soft-landing for Hub71 startups seeking to expand […]

SALAMA’s ‘Kind Beings of Dubai’ campaign concludes with record engagement across social media platforms

Islamic Arab Insurance Company (“SALAMA”), the UAE’s largest Shari’ah-compliant Takaful solutions provider, has concluded its 22-day social media campaign titled ‘Kind Beings of Dubai.’ Running from September 19 until October 10, ‘Kind Beings of Dubai’ called on the emirates’ residents and visitors to share stories of extraordinary acts of kindness. The unique campaign received nearly 600 […]

Wio Bank announces partnership with Stripe

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently. Through this partnership, Wio Business, the first digital banking application from Wio, will empower SMEs and […]

Morocco’s Mohammed VI Polytechnic University (UM6P) to Host 3rd Edition of TEDinArabic

Morocco’s Mohammed VI Polytechnic University (UM6P) will be hosting the third edition of TEDinArabic, featuring prominent TED speakers from several fields. The participants will deliver their talks in Arabic before a live audience. The regional event, which will take place on October 13 2022 at the UM6P’s campus in Ben Guerir, aims to highlight “ideas” […]

Yellow Door Energy closes $400mln equity raise to develop sustainable energy projects in MEA

Yellow Door Energy (“YDE”), the leading sustainable energy partner for businesses, has today announced the closing of a new equity raise to continue its development of sustainable energy projects in the Middle East, Africa and beyond. The investment also includes a purchase of current shares, enabling the company’s initial investors to exit. The funding is […]

UBS Global Real Estate Bubble Index: No bubble risk for Dubai housing market

The UBS Global Real Estate Bubble Index 2022, a yearly study by UBS Global Wealth Management’s Chief Investment Office, indicates that imbalances in global metropolitan housing markets are highly elevated and prices are out of sync with rising interest rates. Toronto and Frankfurt top this year’s index, with both markets exhibiting pronounced price bubble characteristics. Risks […]