Norma Inc., a leading quantum computing and innovative technology firm based in South Korea, has signed a significant Memorandum of Understanding (MoU) with Al Fardan Ventures, a prominent investment and innovation firm in the Middle East. This agreement was formalized in Seoul, with Dr. Hyun-Chul Jung, CEO of Norma Inc., and Mr. Mohammed Ebrahim Al...
Animoca Brands, a venture capital and software company known for its investment in the popular game Axie Infinity, is set to launch funds specifically aimed at supporting start-ups in the United Arab Emirates (UAE). This initiative marks the company’s entry into the Middle East market, where it plans to establish its first regional office in...
Ahmad Al Anani, Founder and CEO of Sancta Capital, has noted that Abu Dhabi is often viewed negatively by investors, yet he believes the city’s valuations present compelling investment opportunities. He emphasized that while broader risks exist due to the Middle East’s exposure to fluctuating oil prices, it is essential not to generalize the entire...
Africa and the Middle East are projected to install a total of 2.9 gigawatts (GW) of new onshore wind capacity in 2025, as reported by the Global Wind Energy Council (GWEC). The council’s annual ‘Global Wind Report 2025’ indicates that Africa is expected to contribute 1.6 GW to this total, while the Middle East aims...
Venture capital investment in the Middle East and North Africa experienced a significant surge in the first quarter of 2025, with startups raising a total of $678 million, marking the strongest quarter since the end of 2023. This growth was attributed to recent interest rate cuts that improved investor sentiment, according to data from the...
Mercer, the investment consulting branch of US services company Marsh & McLennan, anticipates that its wealth division will at least double its assets under management (AUM) in the Middle East. This growth is expected to continue despite current economic challenges. Yasir AbuShaban, a principal at Mercer Wealth based in Dubai, stated that the company aims...
The 8th edition of the Airport Security Middle East conference is scheduled to take place from May 6 to 8, 2025, at the Dubai World Trade Centre (DWTC). This event will address the current challenges, emerging threats, and future requirements of airport security. It will be held as a co-located conference during the 24th edition...