Overview of Financial Performance The Dubai Financial Market (DFM) released its consolidated financial results for H1 2024, showing a strong growth in comparison to the same period in 2023. Net

Rapido, turning into an Indian bike-taxi aggregator and auto-rickshaw, has attained unicorn status on the back of a fresh funding round. The firm has been able to raise $120 million

M2P Fintech, an API infrastructure platform formerly known as Yap, is on the verge of closing a large funding round. Sources in the know have told that the Bengaluru-based company

PC: The National Overview of Drake & Scull International’s Financial Turnaround The Dubai-based contractor Drake & Scull International was successful in achieving one of the main milestones by returning to

Network International, one of the leading digital payment facilitators across the Middle East and Africa, has inked a strategic partnership with Biz2X to strengthen SME financing within the UAE. This

The Dubai Chamber of Digital Economy has recorded major accomplishments in the first half of 2024. Among the long list of achievements, one such is that it successfully facilitated the

The parent company of MapMyIndia, CE Info Systems, has now sent a legal notice to Ola Electric, alleging that it has copied data without consent. This follows Ola Electric having

Global investment management firm Franklin Templeton is planning to increase its Middle East presence by launching seven feeder funds into the UAE, enabling the company to attract retail investors in

This week saw a significant deceleration in funding in the Indian startup ecosystem. The week also came with 22 startups successfully raising approximately $113.39 million against $261.21 million in the

Overview of the Real Estate Sector Exuding strength, Dubai’s realty sector is literally abuzz with substantial residential developments and growing property values in 2024. According to a recent report published

Ather Energy is a Bengaluru-based electric scooter manufacturer who has been putting a stir in the EV market. It has raised Rs 60 crore, around over $7 million, in debt

Welcome to this week’s roundup of the latest funding news from Dubai’s bustling startup ecosystem. This week, we zero in on massive investments in sectors like retail IT solutions, EdTech,