Dubai Aerospace Enterprise (DAE) Ltd has successfully completed its acquisition of 100% of the outstanding shares of Nordic Aviation Capital for a total investment of US$2.0 billion. This significant acquisition was previously announced, and it marks a major milestone for DAE in the aviation sector. The completion of this acquisition enhances DAE’s position in 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...