Headquartered in the UAE, Core42, a G42 company, has successfully secured $550 million in structured trade finance facilities from HSBC. This capital injection is custom-built to accelerate the expansion of …
Investments
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InvestmentsIndustry UpdatePaymentsTrending
Gordian Capital Secures DFSA License to Establish Institutional Cross Border Fund Platform in the DIFC
by RUDRI MEHTAGlobal investor services giant IQ-EQ announced that its subsidiary, Gordian Capital, has received regulatory approval to launch an institutional cross-border fund platform within the Dubai International Financial Center (DIFC). The …
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TrendingIndustry UpdateInvestmentsMarket Insights
ADX and Bloomberg Expand Strategic Collaboration to Drive Global Access to Abu Dhabi Capital Markets
by RUDRI MEHTAThe Abu Dhabi capital markets have achieved a significant international milestone through an expanded strategic collaboration between the Abu Dhabi Securities Exchange (ADX) Group and Bloomberg. This initiative integrates ADX’s …
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The Funding LabInvestments
Creative Zone, RAKEZ and Mashreq NEO BIZ Launch AED 15k Business Setup Program
by RUDRI MEHTADeveloped by Creative Zone in a powerful consortium with the Ras Al Khaimah Economic Zone (RAKEZ) and Mashreq NEO BIZ, the young entrepreneurs’ business setup program provides an end-to-end operational …
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InvestmentsThe Funding LabTrending
CredibleX Raises $15M in Series A Funding Round Led by Mubadala
by RUDRI MEHTACredibleX, the licensed UAE-based SME lender specializing in fast, digital access to working capital, has officially closed its Series A funding round. This pivotal milestone was led by Abu Dhabi’s …
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TrendingInvestments
Sahm Secures DFSA License – Expands Regulated Footprint into UAE and DIFC
by RUDRI MEHTAThe UAE’s fintech landscape has reached a new milestone as Sahm Financial Limited, an entity under the Hong Kong-based Valuable Capital Group Limited (VCGL), officially secured its license from the …
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InvestmentsTrending
Stake and ACE & Company Partner to Boost Fractional Real Estate Liquidity in the UAE
by RUDRI MEHTAStake, the MENA region’s leading digital real estate investment platform, and ACE & Company, a Swiss-based investment group managing over US$2 billion in assets, have announced a landmark partnership. This …
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InvestmentsTrending
XTB Secures Landmark Category 1 & 2 Licenses from UAE CMA – Boosting Online Brokerage in the UAE
by RUDRI MEHTAThe global investment powerhouse XTB has officially been granted Category 1 and Category 2 licenses by the newly established UAE Capital Market Authority (CMA). It marks as a major move …
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InvestmentsTrending
Dubai Proptech Innovation Gets AED 3.7 Billion Boost: DFDF and Second Century Ventures Ink Strategic MoU
by RUDRI MEHTAThe landscape of proptech innovation in Dubai has reached a critical turning point. The Dubai Future District Fund (DFDF) has officially signed a Memorandum of Understanding (MoU) with Second Century …
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AIInvestmentsTrending
UAE-based firm ADGT Secures $250m to Enhance Fintech Payment Platforms in the UAE
by RUDRI MEHTAA global investment giant Blackstone commits US$250 million to a homegrown powerhouse. This capital injection into Advanced Digital Gaming Technology (ADGT) signals a massive shift in how the region handles …
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