du, a leading telecom and digital services provider in the UAE, has announced a partnership with PEACE Cable International Network Co. Limited to bring the PEACE Cable System to the UAE. This collaboration aims to improve digital transformation and connectivity for du’s Wholesale and Enterprise customers through the advanced infrastructure of the PEACE Cable. The...
Qme, a B2B SaaS startup based in Egypt, has successfully raised $3 million in a seed funding round led by AHOY, a multisector technology company. AHOY was joined in this investment by a group of angel investors from the Gulf Cooperation Council (GCC). The funding aims to advance Qme’s AI-driven platform, which addresses inefficiencies in...
Mubadala Investment Company, based in Abu Dhabi, has announced its agreement to acquire a minority stake in Apleona, a prominent European provider of integrated facility management located in Neu-Isenburg, Germany. This investment is made in partnership with a consortium led by Bain Capital’s Private Equity team in Europe, aiming to support Apleona’s growth and establish...
The United Arab Emirates has announced a significant $60 million (AED 220 million) initiative aimed at enhancing educational opportunities for visually impaired students across Ethiopia. This initiative is being implemented by the Khalifa Bin Zayed Al Nahyan Foundation in collaboration with the Federal Democratic Republic of Ethiopia, building on the success of the Sheikha Fatima...