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Funding News

$545m Refinancing Facility Secured to Support du’s Network Expansion

Zayed Khan -
Telecom operator du has secured a $545 million du refinancing facility to strengthen its balance sheet and support its ongoing investments in mobile and...
Funding News

Abu Dhabi’s Kezad secures $40m industrial sector investment

Zayed Khan -
Abu Dhabi’s Kezad secures $40m industrial sector investment through five new projects confirmed by Kezad Group, which operates under AD Ports Group’s Economic Cities...
Funding News

Arcius Energy deepens cooperation through a strategic $500m offshore gas project in Egypt.

Zayed Khan -
UAE UK Egypt gas field development is progressing under Arcius, the joint venture formed by ADNOC XRG of the UAE and BP of the...
Funding News

Whoop Fundraising Round Secures $575M With Gulf Investors

Zayed Khan -
Whoop Fundraising Round begins with the company securing $575 million in a Series G funding round that received strong backing from major Gulf investors....
Funding News

Blackstone Commits $250 Million to New UAE Platform 

Zayed Khan -
UAE Payments Infrastructure Investment gained major momentum this week as Blackstone announced a $250 million investment in Advanced Digital Gaming Technology (ADGT), a newly...
Funding News

Abu Dhabi’s Presight Backs Six AI Startups in First Fund Move

Zayed Khan -
Presight AI startup investment: Abu Dhabi-based Presight has made its first investments from the $100 million Presight–Shorooq Fund I (PSFI), selecting six artificial intelligence...
Funding News

Hub71 Startup Skipr Raises $2m Seed Funding in Abu Dhabi

Zayed Khan -
Skipr Raises $2M as Abu Dhabi-based startup Skipr closes a $2 million seed funding round to expand its autonomous trust infrastructure for artificial intelligence...
Funding News

ADIA Project Prometheus Investment Gains Momentum

Zayed Khan -
ADIA Project Prometheus investment discussions are underway as Abu Dhabi Investment Authority explores funding Jeff Bezos' AI initiative. This major sovereign wealth fund, overseeing...
Funding News

Takeem UAE Rental Platform Secures Global Funding

Zayed Khan -
Takeem UAE rental platform, launches with fresh global funding to grow its services. UAE proptech firm Takeem got investment from REACH Middle East, part...
Funding News

Abu Dhabi AI Firm Origen Gains $50M Funding

Zayed Khan -
UAE startup Origen raises $50 million to deploy AI in government services. Abu Dhabi firm Origen secures the funds from BlueFive Capital. This investment...
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