As India solidifies its position as one of the fastest-growing economies globally, the Non-Resident Indian (NRI) community is increasingly aligning its investments with India’s economic growth. NRIs are diversifying their portfolios across various sectors, including real estate, equities, and alternative assets. This renewed interest is driven by India’s robust economic resilience, regulatory reforms, and the...
Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, has announced that investments from the United Arab Emirates in Belarus have now exceeded $4 billion. This significant milestone highlights the expanding economic relations between the two countries, characterized by a remarkable qualitative leap across various industries. Al Zeyoudi emphasized that the...
The startup ecosystem in the Middle East and North Africa (MENA) region experienced a significant increase in funding in April 2025, reaching a total of $228.4 million across 26 deals. This amount represents a 105 percent increase compared to the previous month and an almost 300 percent rise from the same period last year, according...
Oman and Algeria have taken a significant step towards enhancing their economic partnership by establishing a joint investment fund valued at $300 million. This fund, equally shared between the two nations, was formalized in a memorandum of understanding (MoU) signed by the Oman Investment Authority and Algeria’s Ministry of Finance during His Majesty Sultan of...
The Abu Dhabi Wealth Fund, known as ADQ, is rapidly expanding its portfolio, which has more than doubled in value over the past four years. Currently, the fund boasts assets totaling around $250 billion, including investments in high-profile entities such as the auction house Sotheby’s and the flagship airline of the Emirates. In a recent...
Erad, a financing platform based in Riyadh, has successfully raised $16 million (equivalent to SAR 60 million) in a Pre-Series A funding round. This investment will be used to accelerate the company’s growth and expand its operations in Saudi Arabia, as well as other regional markets. The funding round was supported by a number of...
The General Authority for the Suez Canal Economic Zone (SCZone) has signed a $25 million contract with Indian firm Willow Ferro to establish a metal industries project in the Technology Valley, located east of Ismailia in Sinai. This project aims to enhance the local industrial landscape and is set to begin operations with the production...
Animoca Brands, a Hong Kong-based company specializing in Web3 technologies, has announced the opening of its first office in the Middle East located in Dubai. This move aims to provide crucial support for startups in the United Arab Emirates (UAE), focusing on addressing gaps in financing, mentorship, and market access for early-stage businesses. The company’s...
Marwan Saleh Alichla, the Director of the Investment Promotion and Support Department at the Sharjah FDI Office (Invest in Sharjah), announced the successful organization of the Sharjah-Mexico Business Forum. This event focused on exploring investment opportunities and services available to Mexican investors and business leaders in the Emirate. According to Sharjah24, Alichla highlighted that the...
Zest Equity, a fintech company based in the United Arab Emirates, has successfully secured $4.3 million in pre-series A funding. This funding round was led by Prosus Ventures, with additional participation from Morgan Stanley Inclusive and Sustainable Ventures (MSISV). Founded in 2021 by Rawan Baddour and Zuhair Shamma, Zest Equity operates a platform that facilitates...