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UAE students get Expo 2020 funding for creative work

Twenty-eight student teams from 16 universities across the UAE have secured the funding and support needed to take their creative solutions to the next level, thanks to Expo 2020 Dubai’s innovation and partnership programme - Expo Live.

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Saudi Electricity signs $2.15bn credit facility

Saudi Electricity Company (SEC) yesterday (November 29) signed a revolving credit facility agreement with eight international banks for a maximum of $2.15 billion (equivalent to SR8.06 billion).   The facility is

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Saudi Electricity signs $2.15bn credit facility

Saudi Electricity Company (SEC) yesterday (November 29) signed a revolving credit facility agreement with eight international banks for a maximum of $2.15 billion (equivalent to SR8.06 billion).   The facility is

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GCC fintech startups to attract $2bn in private funding

Investments in Gulf-based fintech startups are expected to reach $2 billion in the next decade, compared to a mere $150 million invested in the last 10 years, according to a new study by Mena Research Partners (MRP), a leading research company i

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Emirates NBD real estate trust wins $75m funding

Emirates NBD Asset Management said its shari’a-compliant real estate investment trust has secured a $75 million Murabaha finance facility from Standard Chartered Bank for a term of three years with an accordion option to upsize the facilit

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Emirates NBD real estate trust wins $75m funding

Emirates NBD Asset Management said its shari’a-compliant real estate investment trust has secured a $75 million Murabaha finance facility from Standard Chartered Bank for a term of three years with an accordion option to upsize the facilit

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Majid Al Futtaim leads funding round in Wadi

Majid Al Futtaim, a leading shopping mall, communities and leisure pioneer across the region, has announced an investment in Wadi Group which operates Wadi Grocery, a top online grocery delivery platform in Saudi Arabia. The inves

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Mumzworld raises $20m funding

Dubai-based Mumzworld.com, a leading online retailer for mom and baby products in the Middle East, has raised $20 million in its latest funding round. The Series B funding round, with an additional investment from UAE-based Gulf I

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ITFC seals $3bn Egypt commodities funding deal

The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the Egyptian government ,represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commoditi

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ITFC seals $3bn Egypt commodities funding deal

The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the Egyptian government ,represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commoditi

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