The UAE’s Abu Dhabi Islamic Bank (ADIB) has been ranked the safest among the top 10 Islamic banks in the Gulf Cooperation Read More
Business
Companies
Funding
start-ups
Transportation
World
Waymo Raises $5.6 Billion in Latest Funding Round
The US-based autonomous driving start-up Waymo, the autonomous driving technology unit that spun out of Google’s self-driving car project, on Monday Read More
Business
Companies
Funding
Private Equity
Regional
sovereign wealth funds
Mubadala Capital Closes Fourth PE Fund for $3.1 Billion
Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has announced the successful closure of its fourth private Read More
Business
Companies
Investments
Private Equity
Regional
Venture Capital
PE & VC Investments Increase in Middle East
Private equity (PE) and venture capital (VC) investments in the Middle East have increased so far in 2024, targeting businesses that are outside Read More
Business
Companies
Crypto
Digital Assets
World
Nigeria Ranked Second Globally in Crypto Adoption Index
Nigeria in the Sub Saharan Africa region has been ranked second in the world in global crypto adoption index and the country Read More
Finance
Business
Companies
Mergers and Acquisitions
Regional
World
Marex Group Acquires Abu Dhabi-based Aarna Capital
Aarna Capital is a multi-asset brokerage firm, operating from Abu Dhabi Global Markets (ADGM), has been acquired by the UK-based Marex Group Read More
Business
Artificial Intelligence
Companies
Funding
Regional
World
OpenAI Raise $6.6 Billion to Scale Benefits of AI
OpenAI, developer of generative artificial intelligence chatbot ChatGPT, on Wednesday said that it has raised $6.6 billion in new funding at a $157 billion Read More
