Allied Gold has announced a partnership with a United Arab Emirates-based investment group, Ambrosia Investment Holding, to enhance its mining operations in Africa. The deal is expected to provide vital regional expertise and broader market support, as Ambrosia is positioned at the forefront of the UAE’s renewable energy sector. As part of the agreement, Ambrosia...
Abu Dhabi-based investment company ADQ has formed a partnership with Eni, a global energy technology firm headquartered in Rome, Italy. This collaboration aims to explore strategic areas of cooperation to strengthen supply chains for critical minerals, which are essential for the energy transition The agreement focuses on potential investments across Africa, North America, and Central...
Journify, a company specializing in AI-powered data activation, has successfully raised $4 million in funding. The investment round was led by Silicon Badia, a global venture capital firm, with participation from RZM and other strategic investors. This funding is aimed at supporting Journify’s mission to provide brands with ethical, data-driven marketing solutions that enhance audience...
Abu Dhabi’s state-run atomic power company, Emirates Nuclear Energy Co. (ENEC), is preparing to invest in the French-Italian operator Newcleo. This decision follows the signing of an agreement during a visit to Rome by UAE President Sheikh Mohamed Bin Zayed Al Nahyan. ENEC aims to pursue a direct investment through private funding, alongside a co-investment...
At a bilateral summit in Rome, the United Arab Emirates declared its intention to invest $40 billion in Italy. Although no precise timeframe for the investment was given, this noteworthy promise was made during a meeting between UAE President Sheikh Mohammed bin Zayed Al Nahyan and Italian Prime Minister Giorgia Meloni. Despite criticism from political...
Yashaa Global Capital has officially received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to establish a global sports venture capital fund. This milestone positions Yashaa Global Capital as a significant player in the rapidly growing sports investment sector The fund is led by General...
Abu Dhabi-based Investcorp Capital plc has announced its agreement to invest in Epipoli, a prominent alternative payments enabler in Italy. This investment comes after Investcorp Group signed a definitive agreement to acquire Epipoli from Bregal Milestone and its founder and CEO, Gaetano Giannetto, who will continue to manage the company. The terms of the transaction...
Omnispay, a fintech company based in the UAE, has successfully raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm. This funding round attracted participation from various regional and international investors and aims to empower small and medium-sized enterprises (SMEs) with an all-in-one platform for collecting,...
Abu Dhabi-based sovereign wealth fund ADQ has initiated the year by forming two significant global investment partnerships aimed at enhancing its influence in emerging markets. The fund plans to deploy capital in critical areas such as infrastructure and urban development. On February 12, ADQ announced a Memorandum of Understanding (MoU) with the International Finance Corporation,...
The Abu Dhabi Investment Forum was recently held in Shanghai. Its goal was to help investors and important decision-makers talk to each other directly. The event was called “Invest with Abu Dhabi” and its main goal was to look into advanced business and investment options in the capital of the United Arab Emirates. The forum’s...