In the news

    Sheikh Mohammed honours 16 entities with Community Impact Medal

    Sheikh Mohammed honours 16 entities with Community Impact Medal

    His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, witnessed the honouring of a number of companies leading in Corporate Social Responsibility (CSR)…

    Navigating the opportunities and challenges of investing in Saudi Arabia

    Navigating the opportunities and challenges of investing in Saudi Arabia

    Saudi Arabia has taken great strides in enhancing the business environment, which has led to an increase in foreign investment and nurturing an innovative startup ecosystem, proving extremely attractive to investors…

    New technologies nurture agricultural revolution in the Middle East

    New technologies nurture agricultural revolution in the Middle East

    Between 60 and 70 years ago, comprehensive technological developments greened large swathes of Mexico, India, the Philippines and several other countries. By raising crop yields and agricultural production, it helped reduce…

    Philanthropy can have ‘multiplier effect’ on finance for climate efforts

    Philanthropy can have ‘multiplier effect’ on finance for climate efforts

    Greater funding for solutions to help to mitigate the effects of climate change — especially in developing economies — could be sourced if more philanthropic money was directed towards it, according to the Cop28…

    Global energy crisis is a ‘management’ issue, says Crescent Enterprises CEO Badr Jafar

    Global energy crisis is a ‘management’ issue, says Crescent Enterprises CEO Badr Jafar

    As the world grapples with its most serious energy crisis since the Second World War due to the war between Russia and Ukraine, Badr Jafar, chief executive officer of UAE-based Crescent Enterprises…

    ‘A recession is a good time to make startup investments’, says CE-Ventures Tushar Singhvi

    ‘A recession is a good time to make startup investments’, says CE-Ventures Tushar Singhvi

    Dubai’s aim-for-the-skies D33 program aims to build on the strengths the city has already garnered, in trade for instance. Then there are those priorities that will have Dubai flesh out its strengths further, notably in the startup space…

    Investment opportunities to watch through the eyes of an investor

    Investment opportunities to watch through the eyes of an investor

    Amid a rapidly changing geopolitical landscape, high levels of inflation and rising interest rates, global Venture Capital (VC) is bracing itself to weather the storm of uncertainty. The year began with international venture funding…

    Dubai in the driving seat to achieve sustainable mobility

    Dubai in the driving seat to achieve sustainable mobility

    As we fast track towards achieving emission-free transport in Dubai by 2030, the quest for sustainable mobility intensifies with clever innovations such as the driverless taxi, which recently made its grand entrance at Gitex Global 2022…

    Supply Chain: Where do opportunities lie in the wake of the crisis?

    Supply Chain: Where do opportunities lie in the wake of the crisis?

    Every cloud has its silver lining, but where do opportunities lie in a global supply chain crisis? Crescent Enterprises’ Neeraj Agrawal explains how businesses can capitalise on the opportunities offered by the pandemic and its ripple effect…

    Investment in youth crucial to sustain speed of global technology, innovation

    Investment in youth crucial to sustain speed of global technology, innovation

    Youth is power, which was never more evident than at the recent start-up Sharjah Ideation Hackathon at Khorfakkan. Sharjah Entrepreneurship Centre (Sheraa) and the University of Khorfakkan brought over 150 youthful…

    GCC philanthropy valued at $210bn a year

    GCC philanthropy valued at $210bn a year

    GCC philanthropy could be a $210bn industry according to research conducted by the University of Cambridge. Despite the difficulty in analysing the sector, the Centre for Strategic Philanthropy at the University of Cambridge…

    Between $400bln to $1trln is disbursed in Islamic alms-giving every year

    Between $400bln to $1trln is disbursed in Islamic alms-giving every year

    Sheikh Saud Bin Saqr Al Qasimi Foundation for policy research in collaboration with the organisation for Economic Co-Operation and Development (OECD) Network of Foundations Working for Development (netFWD)…

    Data and dialogue key drivers of philanthropic impact across MENA

    Data and dialogue key drivers of philanthropic impact across MENA

    To meet the growing demand for more cohesive philanthropic communities in the MENA region, Sheikh Saud Bin Saqr Al Qasimi Foundation for Policy Research in collaboration with the Organisation for Economic Co-operation and Development (OECD)…

    Hatch & Boost Ventures launches Foodtech startup, BreakBread

    Hatch & Boost Ventures launches Foodtech startup, BreakBread

    Abu Dhabi-based venture builder, Hatch & Boost Ventures, ADGM, ​​A joint venture between Crescent Enterprises and hatch & boost, has announced the launch of BreakBread, a Foodtech startup on a mission to reinvent the supper…

    UAE: With 95 films from 43 countries, Siff announces powerful line-up of animation, shorts, features, documentaries

    UAE: With 95 films from 43 countries, Siff announces powerful line-up of animation, shorts, features, documentaries

    The ninth edition of the Sharjah International Film Festival for Children and Youth (Siff) will showcase a wide range of films from 43 countries led by the US, France, Saudi Arabia, and South Korea…

    Startup Sharjah Hackathon equips 150 youth with business skills

    Startup Sharjah Hackathon equips 150 youth with business skills

    Sharjah 24: The Sharjah Entrepreneurship Center (Sheraa) has announced the top three winning teams in the Khorfakkan chapter of the Startup Sharjah hackathon that concluded yesterday at the University of Khorfakkan…

    Sheraa launches Startup Sharjah in Khorfakkan

    Sheraa launches Startup Sharjah in Khorfakkan

    The Sharjah Entrepreneurship Center (Sheraa) is marking the launch of the Khorfakkan chapter of Startup Sharjah in September with a three-day intensive bootcamp designed to encourage entrepreneurial thinking amongst…

    Crescent Enterprises reaffirms Green Giving Partnership with Emirates Nature-WWF

    Crescent Enterprises reaffirms Green Giving Partnership with Emirates Nature-WWF

    As part of its commitment to environmental conservation, Crescent Enterprises has announced its renewed partnership with Emirates Nature-WWF, to support the UAE’s environmental initiatives. The partnership reaffirms…

    A green, resilient, inclusive approach to development can usher in a new model of growth for MENA: Badr Jafar at the World Economic Forum

    A green, resilient, inclusive approach to development can usher in a new model of growth for MENA: Badr Jafar at the World Economic Forum

    The World Economic Forum (WEF) hosted an expert dialogue on the collaborative action Middle East leaders must take to navigate between net-zero ambitions and socioeconomic realities. The session, titled…

    Crescent Enterprises Celebrates Cultural Diplomacy through the 27th Annual Arabian Sights Film Festival

    Crescent Enterprises Celebrates Cultural Diplomacy through the 27th Annual Arabian Sights Film Festival

    Crescent Enterprises has supported the annual Arabian Sights Film Festival in the US for the eighth consecutive year. Arabian Sights is presented by the Washington DC International Film Festival (Filmfest DC) and…

    NorthLadder raises $10 million in a convertible note

    NorthLadder raises $10 million in a convertible note

    NorthLadder is the Middle East and North Africa (MENA) region’s unique digital platform that enables frictionless trade of pre-owned electronics. Their model provides great value and convenience to consumers to sell their devices…

    CE-Creates merges with hatch & boost in Mena’s first venture-builder merger

    CE-Creates merges with hatch & boost in Mena’s first venture-builder merger

    Marking the first-ever portfolio merger of two venture builders in the region, CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost…

    Crescent Enterprises commits to digital inclusion to impact 100,000 youth

    Crescent Enterprises commits to digital inclusion to impact 100,000 youth

    Crescent Enterprises has announced its commitment to the EDISON Alliance 1 Billion Lives Challenge, to impact 100,000 youth in the Middle East, North Africa, and South Asia (MENASA) region by 2025 through a set of comprehensive…

    CE-Ventures leads pre-series B round funding for revolutionary Ayurvedic platform NirogStreet

    CE-Ventures leads pre-series B round funding for revolutionary Ayurvedic platform NirogStreet

    CE-Ventures, the corporate venture capital platform of Crescent Enterprises, and Japan-based ICMG Partners are taking the lead – $4 million has been raised in the pre-series B round for tech platform NirogStreet. The funds will be used to…

    Kava & Chai ties up with The Reach Campaign

    Kava & Chai ties up with The Reach Campaign

    Kava & Chai, collaborated with The Reach Campaign, an awareness and fundraising initiative launched in February 2019 to fight neglected tropical diseases (NTDs)…

    Gulf Region to invest over $70 billion in digital infrastructure by 2024

    Gulf Region to invest over $70 billion in digital infrastructure by 2024

    Crescent Enterprises CEO Badr Jafar, participated in the World Economic Forum Edison Alliance discussion on boosting digital inclusion alongside Hans Vestberg, chairman and CEO of Verizon and chairman of the Edison Alliance…

    Kava & Chai first to reopen at American University of Sharjah with students’ return

    Kava & Chai first to reopen at American University of Sharjah with students’ return

    Kava & Chai, the UAE homegrown coffee and tea house, was the first to re-open its outlet today at the American University of Sharjah as students return for the forthcoming academic year.

    Furlenco raises $140 million from Zinnia Global Fund, others

    Furlenco raises $140 million from Zinnia Global Fund, others

    Furniture subscription company Furlenco has raised $140 million (Rs 1,000 crore) in a mix of debt and equity, as part of its latest funding round led by Zinnia Global Fund, its founder said. The funding will help the company expand its geographic reach, launch new products and plans, and support marketing…

    MENA tech-driven ventures could pay professionals more than double the current average salary

    MENA tech-driven ventures could pay professionals more than double the current average salary

    Cultivating a tech start-up culture is key to driving economic as well as environmental, social and governance (ESG) progress across the Middle East and North Africa (MENA) region, Crescent Enterprises’ Deputy CEO and Head of Investments Tushar Singhvi has said.

    UAE-based Kitopi secures $415M Series C investment

    UAE-based Kitopi secures $415M Series C investment

    Kitopi, a UAE-based cloud kitchen platform with a wider geographical focus, has successfully closed a $415M Series C funding round led by Softbank Vision Fund 2, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar, thereby making it the MENA region’s third unicorn.

    Crescent Enterprises joins World Economic Forum’s EDISON Alliance

    Crescent Enterprises joins World Economic Forum’s EDISON Alliance

    Badr Jafar, CEO of Crescent Enterprises has been appointed as Champion of the Alliance, whereby he will be working alongside senior government officials to industry leaders. Crescent Enterprises has joined the World Economic Forum’s EDISON Alliance (Essential Digital Infrastructure and Services Network)…

    Gulftainer Appoints Javier Echeverria as The New Chief Financial Officer

    Gulftainer Appoints Javier Echeverria as The New Chief Financial Officer

    Sharjah, UAE: Gulftainer, one of the world’s leading privately-owned independent port operators, headquartered in the UAE, has appointed Javier Echeverria as its new Chief Financial Officer (CFO). The recruitment of Javier is the next step towards the continued growth and international expansion of Gulftainer…

    Sharjah’s Crescent Enterprises plans to invest Dh1bn in start-ups by 2022

    Sharjah’s Crescent Enterprises plans to invest Dh1bn in start-ups by 2022

    CE-Ventures, the venture capital arm of Sharjah-based conglomerate Crescent Enterprises, plans to invest Dh1 billion ($272 million) in start-ups by 2022. The company has invested more than Dh500m in 32 start-ups and VC funds…

    Cohesity Announces a $3.7 Billion Valuation — $1.2 Billion More Than Its Valuation Less Than 12 Months Ago

    Cohesity Announces a $3.7 Billion Valuation — $1.2 Billion More Than Its Valuation Less Than 12 Months Ago

    Cohesity today announced a new company valuation of $3.7 billion, which is $1.2 billion higher than its valuation less than 12 months ago. This dramatic growth in valuation continues to validate the incredible trajectory…

    Building a Resilient Society

    Building a Resilient Society

    “The key to building a resilient society is not just to ensure that people have access to jobs, but also to ensure that people have purpose and meaning in their lives,” Badr Jafar talks to LEADERS magazine…

    ION Installs Gulf Region’s first ultra-fast electric vehicle charging stations in Abu Dhabi

    ION Installs Gulf Region’s first ultra-fast electric vehicle charging stations in Abu Dhabi

    In response to growing demand for electric vehicle infrastructure, ION, the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, has installed high-power, ultra-fast charging stations…

    10 start-up finalists from six continents to compete for latest supply chain innovations at Gulftainer’s ‘Future of Ports 2021’

    10 start-up finalists from six continents to compete for latest supply chain innovations at Gulftainer’s ‘Future of Ports 2021’

    Gulftainer, one of the world’s leading privately held port operators, today announced the shortlisted 10 highly disruptive start-ups from six continents to compete…

    Jungle Ventures leads $46 million round in Turtlemint

    Jungle Ventures leads $46 million round in Turtlemint

    InsurTech platform Turtlemint said it has raised funding from Singapore-based Jungle Ventures, its first investment in the category, bringing the startup’s Series D fundraising to a close at $46 million….

    Insurance Startup Hippo to Go Public in $5 Billion SPAC Merger

    Insurance Startup Hippo to Go Public in $5 Billion SPAC Merger

    Home-insurance technology upstart Hippo Enterprises Inc. is teaming with a special-purpose acquisition company to go public, the latest insuretech business to tap equity markets and challenge traditional insurers head-on….

    TVM Capital Healthcare Exits Cambridge Medical and Rehabilitation Center for US$ 232 Million, a 4.6x Return on Capital Invested

    TVM Capital Healthcare Exits Cambridge Medical and Rehabilitation Center for US$ 232 Million, a 4.6x Return on Capital Invested

    TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announces the successful sale of its portfolio company Cambridge Medical and Rehabilitation Center (“CMRC”)…

    Open Banking platform Tarabut Gateway secures $13M Seed funding round

    Open Banking platform Tarabut Gateway secures $13M Seed funding round

    Since its establishment in 2017, Tarabut Gateway has developed an Open Banking API (application programming interface) that allows third-party financial services providers to securely access financial data and develop new apps…

    Dubai Cloud Kitchen Startup Plots Saudi, Southeast Asia Push

    Dubai Cloud Kitchen Startup Plots Saudi, Southeast Asia Push

    Dubai-based Kitopi, a technology startup which runs so-called cloud-kitchens, is set to raise more money from investors later this year as it plans to expand in Saudi Arabia and launch in Southeast Asia…

    Long-term value creation in 2021 and beyond: Building resilience amid market slowdown

    Long-term value creation in 2021 and beyond: Building resilience amid market slowdown

    The year 2020 has changed the trajectory of many sectors and markets, not least the private equity (PE) market. How will the impact of COVID-19 and the ensuing economic slowdown reshape some of the private equity strategies in 2021…

    Dimitris Tsouroplis discusses the future of work with HBR Arabia

    Dimitris Tsouroplis discusses the future of work with HBR Arabia

    Dimitris Tsouroplis, Director of HR at Crescent Enterprises talks about education and skilling for the future workforce, the new skills required in the workforce to adjust to changes in how we work, and the changes needed in the traditional educational ecosystem to keep up with market demands.

    India’s FreshToHome to expand ops in Abu Dhabi after AgTech deal

    India’s FreshToHome to expand ops in Abu Dhabi after AgTech deal

    FreshToHome, the India-based online fresh food major, will receive financial and non-financial incentives from the Abu Dhabi Investment Office (ADIO) to develop projects in the UAE capital…

    Badr Jafar talks to Harvard Business Review Arabia

    Badr Jafar talks to Harvard Business Review Arabia

    How can business & philanthropy tackle MENA’s challenges? Why do education & entrepreneurship need to adapt to meet society’s needs? What does hope & opportunity for MENA’s youth look like in the coming years?

    ION completes driverless vehicle tests at Sharjah University City

    ION completes driverless vehicle tests at Sharjah University City

    Smart transportation pioneer, ION, has successfully completed a pilot trial of its NAVYA AUTONOM autonomous shuttle, with the University City of Sharjah.
    The trial was designed to assess the operational efficiency of the driverless…

    Cooking food for over 100 restaurants: How a ‘ghost kitchen’ is adjusting to life in a pandemic

    Cooking food for over 100 restaurants: How a ‘ghost kitchen’ is adjusting to life in a pandemic

    If you live in a city and you feel hungry, the chances are you can browse a selection of your favorite restaurants on your cell phone and, before long, someone will be at your door delivering freshly made food…

    ION, Sharjah Roads and Transport Authority announce sustainable ride-hailing service on World Electric Vehicle Day

    ION, Sharjah Roads and Transport Authority announce sustainable ride-hailing service on World Electric Vehicle Day

    The Sharjah Roads and Transport Authority, SRTA, has partnered with the UAE-based sustainable mobility solutions company ION to launch a new on-demand ride-hailing service in Sharjah, with a fleet of electric vehicles, EVs, including Tesla Model S and Model 3 by the end of 2020.

    Sharjah Entrepreneurship Center, CE-Ventures disburse over AED 700,000 in COVID-19 relief grants to 11 startups

    Sharjah Entrepreneurship Center, CE-Ventures disburse over AED 700,000 in COVID-19 relief grants to 11 startups

    Sharjah Entrepreneurship Center, Sheraa, and CE-Ventures have disbursed more than AED 700,000 in equity-free grants to 11 startups, offering them a lifeline to ensure they remain afloat as they navigate current economic challenges.

    The startup challenge: Tips to survive 2020 and thrive beyond

    The startup challenge: Tips to survive 2020 and thrive beyond

    As we all adjust to the new norm, many businesses have been facing a new reality of slowing customer demand and supply-side disruption. For entrepreneurs and startups in the early to medium stages of their company’s lifecycle…

    ION Partners with University Hospital Sharjah to provide sustainable solutions

    ION Partners with University Hospital Sharjah to provide sustainable solutions

    UAE-based sustainable mobility solutions provider ION, which is a joint venture between Bee’ah and CE-Creates, has partnered with University Hospital Sharjah to use ION’s fleet of electric vehicles to provide sustainable transportation…

    ION Partners with University Hospital Sharjah To Provide Sustainable Logistical Solutions

    ION Partners with University Hospital Sharjah To Provide Sustainable Logistical Solutions

    UAE-based sustainable mobility solutions provider ION, announced a partnership agreement today with University Hospital Sharjah to use ION’s fleet of electric vehicles to provide sustainable transportation services for its medical…

    Sharjah Entrepreneurship Center and Crescent Enterprises join hands to support startups amid COVID-19

    Sharjah Entrepreneurship Center and Crescent Enterprises join hands to support startups amid COVID-19

    CE-Ventures has joined forces with the Sharjah Entrepreneurship Center (Sheraa) to support the UAE startup community and provide equity-free grants to Sheraa’s existing portfolio startups. Ticket sizes will be up to $50,000…

    ION deploys electric vehicles to support Sharjah Medical District

    ION deploys electric vehicles to support Sharjah Medical District

    ION has deployed and repurposed its fleet of electric vehicles to support Sharjah Medical District in the battle against COVID-19…

    Gulftainer fast-tracks medical supply consignments

    Gulftainer fast-tracks medical supply consignments

    Gulftainer has launched an interim and complimentary ‘Express Service Lane’ initiative to prioritise the delivery of medical supply consignments at its ports across the UAE…

    ION primed to get on a fast charge

    ION primed to get on a fast charge

    T&MFE caught up with Choucair recently just as ION was announcing its collaboration with French company, NAVYA to operate and maintain the company’s electric…

    Making a ‘future port’

    Making a ‘future port’

    Ports might have been one of the slowest industries to embrace transformation, but things are changing rapidly against the backdrop of technology and innovation…

    ION drives UAE green ambitions by developing infrastructure for electric vehicle mobility (Zawya)

    ION drives UAE green ambitions by developing infrastructure for electric vehicle mobility (Zawya)

    Building on the UAE’s electric vehicle infrastructure, ION to build and operate electric charging stations in Sharjah, with the support of SEWA and Sharjah City Municipality…

    ION drives UAE green ambitions by developing infrastructure for electric vehicle mobility (Eye Of Riyadh)

    ION drives UAE green ambitions by developing infrastructure for electric vehicle mobility (Eye Of Riyadh)

    The UAE-based sustainable and smart transportation company, has partnered with the Sharjah City Municipality (SCM), and Sharjah Electricity and Water Authority (SEWA) to supply, install and operate public electric vehicle charging stations across…

    Badr Jafar on Davos 2020 key themes

    Badr Jafar on Davos 2020 key themes

    Our CEO Badr Jafar speaks to Reuters Live about the World Economic Forum’s key themes of Climate Action, the power of technology and the purpose-driven economy…

    AB Live: The future of e-vehicles in the Gulf region

    AB Live: The future of e-vehicles in the Gulf region

    Samer Choucair, Director, CE Creates, and Khaled Al Huraimel, Group Chief Executive Officer at Bee”ah discuss their new joint venture ION, the future of electric vehicles in the Gulf region and rolling them out soon in Masdar city…

    Why strategic buyers are key for private equity exits – Neeraj Agrawal

    Why strategic buyers are key for private equity exits – Neeraj Agrawal

    We all know the importance of making a good entrance. In the private equity (PE) investment process, getting the exit right is as critical. However well you have managed your investment in the preceding years, your final return will depend on how well you execute the exit…

    Zebras versus unicorns

    Zebras versus unicorns

    Fostering innovation and entrepreneurialism is a top priority across the MENA region, and the UAE has been at the forefront of this quest. It appears to be bearing fruit, with the region now reportedly home to the highest proportion of millennial entrepreneurs in the world…

    ION and Navya form partnership to deliver sustainable and autonomous transportation offerings in GCC region

    ION and Navya form partnership to deliver sustainable and autonomous transportation offerings in GCC region

    ION, the UAE-based sustainable and smart transportation company, has partnered with NAVYA, a leading company in autonomous driving systems, to operate and maintain the company’s electric and autonomous shuttles as well as promote its vehicles…

    UAE sustainability drive is built on alliances

    UAE sustainability drive is built on alliances

    The World Bank estimates that 2.01 billion tonnes of municipal solid waste is produced every year. At the very least, a third of that waste is not managed in a safe manner. If that statistic is not alarming enough, consider this prediction: the World Bank…

    CE-Creates launches Shamal – the next generation of workwear for extreme climates

    CE-Creates launches Shamal – the next generation of workwear for extreme climates

    CE-Creates, the internal business incubation platform of Crescent Enterprises, today announced the launch of Shamal – the next generation of specialized industrial clothing…

    CE-Creates launches Shamal – the next generation of workwear for extreme climates (Construction Business News)

    CE-Creates launches Shamal – the next generation of workwear for extreme climates (Construction Business News)

    CE-Creates, the internal business incubation platform of Crescent Enterprises, today announced the launch of Shamal – the next generation of specialized industrial clothing. In what is a world first, on a technological and entrepreneurial front…

    Crescent Enterprises unveils Shamal, workwear for construction workers (Construction Week)

    Crescent Enterprises unveils Shamal, workwear for construction workers (Construction Week)

    On the sidelines of The Big 5, held from 25 to 28 November 2019, the internal business incubation arm of Cresecent Enterprises has rolled out its Shamal-branded workwear for construction workers…

    UAE’s CE-Ventures leads $17.5m funding for India’s Furlenco

    UAE’s CE-Ventures leads $17.5m funding for India’s Furlenco

    CE-Ventures has led $17.5 million funding to finance Kieraya Furnishing Solutions (Furlenco), an India-based online furniture subscription platform. The move comes in light of India’s growing furniture subscription market…

    Crescent Enterprises and Bee’ah inaugurate sustainable transport company ION; commence operations in Abu Dhabi, Dubai and Sharjah

    Crescent Enterprises and Bee’ah inaugurate sustainable transport company ION; commence operations in Abu Dhabi, Dubai and Sharjah

    ION, the UAE-based sustainable transport company, has been officially established during an inauguration ceremony attended by Badr Jafar, CEO of Crescent Enterprises, and Khaled Al Huraimel…

    Crescent Enterprises Partners with The Big Heart Foundation to support refugees

    Crescent Enterprises Partners with The Big Heart Foundation to support refugees

    UAE-based multinational company donates AED 500,000 to support humanitarian relief efforts…

    Investors boost startup funding

    Investors boost startup funding

    Investors have increased funding levels for startups, showing that the private sector is starting to grasp the importance of supporting entrepreneurship, said Samer Choucair, director, CE-Creates. The firm has grouped its strategy into four stages covering concept development…

    Creating the right environment for electric vehicles

    Creating the right environment for electric vehicles

    If you build it, they will come.” That would definitely appear to be the rationale for Dubai’s development of its electric vehicle infrastructure, with the government keen to achieve its target of 10% of all vehicles on Dubai roads being electric or hybrid by 2030. Last year…

    Oxford Business Group Speaks to Badr Jafar, CEO, Crescent Enterprises, about How Innovation and Entrepreneurship Can Reshape Economies

    Oxford Business Group Speaks to Badr Jafar, CEO, Crescent Enterprises, about How Innovation and Entrepreneurship Can Reshape Economies

    What role can innovation and entrepreneurship play in both Sharjah and the region?
    JAFAR: Sharjah’s emerging role as a hub for start-ups is…

    Specialty Coffeehouse Kava & Chai opens three new locations in Dubai

    Specialty Coffeehouse Kava & Chai opens three new locations in Dubai

    CE-Creates, the internal venture building platform for Crescent Enterprises, announced today that Kava & Chai, the UAE’s home-grown specialty coffeehouse, has opened three additional locations in Dubai…

    Crescent Enterprises’ VC Arm Leads $11M Series A Round In FoodTech Startup FreshToHome

    Crescent Enterprises’ VC Arm Leads $11M Series A Round In FoodTech Startup FreshToHome

    The latest entrant to the UAE’s startup scene, FreshToHome, that supplies fresh meat and fish on demand through an app, has just bagged a series A round of funding worth $11 million…

    Crescent Enterprises Hosts Columbia Business School Students to Share Business Expertise

    Crescent Enterprises Hosts Columbia Business School Students to Share Business Expertise

    Crescent Enterprises, the UAE-based diversified conglomerate, hosted 30 MBA students from New York-based Columbia Business School as part of an educational trip designed…

    CE-Ventures invests in US artificial intelligence company

    CE-Ventures invests in US artificial intelligence company

    UAE-based CE-Ventures, the venture capital arm of Crescent Enterprises, has invested in Silicon Valley-based artificial intelligence (AI) company EdCast in a round worth $33.6 million…

    CE Ventures Leads Seed Round for UAE Food Tech Startup Kitopi

    CE Ventures Leads Seed Round for UAE Food Tech Startup Kitopi

    CE Ventures, the corporate venture capital (CVC) arm of business conglomerate Crescent Enterprises, successfully led a seed funding round to finance Kitopi, a smart kitchen network that cooks and delivers on behalf of restaurants…

    Crescent Enterprises, Emirates Nature-WWF to tackle UAE’s pressing environmental concerns

    Crescent Enterprises, Emirates Nature-WWF to tackle UAE’s pressing environmental concerns

    Crescent Enterprises and the newly rebranded environmental organisation Emirates Nature-WWF (formerly Emirates Wildlife Society-WWF), are stepping up their joint efforts to tackle pressing environmental concerns…

    Sharjah port operator Gulftainer inks 50-year, $600m concession for US port

    Sharjah port operator Gulftainer inks 50-year, $600m concession for US port

    UAE-based independent port operator and logistics company has signed a 50-year, $600 million concession to develop and operate the port of Wilmington in the American state of Delaware, the company has announced…

    Vezeeta, the leading MENA healthcare startup, secures $12M Series C led by STV

    Vezeeta, the leading MENA healthcare startup, secures $12M Series C led by STV

    One of the major structural issues in the Middle East is the lack of consistent healthcare across the region. So this market was clearly waiting to be disrupted by technology…

    Now you can book an environmentally friendly, Careem Electric car on the Careem app

    Now you can book an environmentally friendly, Careem Electric car on the Careem app

    Careem, the region’s leading ride hailing app and only tech unicorn from the region, today announced the introduction of an Electric car type option onto the fleet. Available to book from today, customers will be able opt for an electric…

    Gulftainer subsidiary wins 50-year US port concession

    Gulftainer subsidiary wins 50-year US port concession

    Gulftainer, a Sharjah-based ports operator and part of UAE conglomerate Crescent Enterprises, said its subsidiary GT USA has won exclusive rights to operate and develop a port in the US State of Delaware, subject to approvals…

    Sharjah increases support for start-ups and SMEs

    Sharjah increases support for start-ups and SMEs

    Efforts to expand the role of entrepreneurs and small-scale enterprises in Sharjah are gathering momentum, due to a combination of regulatory changes, new incentives and supporting infrastructure…

    Crescent Enterprises’ Venture Capital Arm Closes Investment In US-Based MedTech Startups

    Crescent Enterprises’ Venture Capital Arm Closes Investment In US-Based MedTech Startups

    UAE-based Crescent Enterprises has led a Series A round of investment totaling US$16 million in ColubrisMX and XCath, two US-based micro-robotic medical device enterprises. This is the first investment announced by Crescent Enterprises since the launch of CE-VC…

    Crescent Enterprises announces new $150m venture capital division

    Crescent Enterprises announces new $150m venture capital division

    Sharjah-headquartered diversified holding company Crescent Enterprises has announced the launch of its new corporate venture capital division with plans to invest up to US$150 million (AED548 million) over the next three years…

    Gulftainer Wins Port and Terminal Operator Award at Seatrade Maritime Awards 2017

    Gulftainer Wins Port and Terminal Operator Award at Seatrade Maritime Awards 2017

    Gulftainer, the world’s largest privately owned independent terminal operating and logistics company, has won the prestigious Port and Terminal Operator Award at the Seatrade Maritime Awards Middle East, Indian Subcontinent and Africa 2017 for the second consecutive year…

    Sharjah Children’s Film Festival to kick off on Oct.8

    Sharjah Children’s Film Festival to kick off on Oct.8

    The fifth edition of the Sharjah International Children’s Film Festival (SICFF) 2017 will begin on Oct.8, with an unprecedented participation of 124 films from 31 countries. The USA, UAE and France have submitted the highest number of entries with 45, 33 and 29 films…

    Sharjah calls on entrepreneurs to participate in the Sheraa Accelerator program

    Sharjah calls on entrepreneurs to participate in the Sheraa Accelerator program

    The second edition of Sheraa’s accelerator program is now accepting UAE and international entrepreneurs applications for its second cycle. Sheraa, Sharjah’s official entrepreneurship center, is…

    Crescent Enterprises, Sharjah Ladies Club nurture future leaders

    Crescent Enterprises, Sharjah Ladies Club nurture future leaders

    Crescent Enterprises, the UAE-based multinational conglomerate, organised its second Young Entrepreneur Business Camp in collaboration with Sharjah Ladies Club, SLC. The three-day series…

    RAK Ceramics reports healthy Q1 2017 revenue; seeks expansion

    RAK Ceramics reports healthy Q1 2017 revenue; seeks expansion

    Ras Al Khaimah-based tile and ceramic ware manufacturer RAK Ceramics reported a four per cent rise in total revenues to AED 681.1 million in the first quarter of 2017, and is exploring expansion opportunities across the Arabian Gulf and India. Although total…

    Crescent Enterprises partners with Sheraa to develop region’s entrepreneurship ecosystem

    Crescent Enterprises partners with Sheraa to develop region’s entrepreneurship ecosystem

    In line with the nation’s Year of Giving initiative and with Crescent Enterprises’ commitment to cultivating social entrepreneurship in the MENA region, we have entered an exclusive partnership with Sharjah Entrepreneurship Center Sheraa to devise a framework that harnesses the potential of young entrepreneurs in driving social development…

    GT USA’s Port Canaveral joins Southeast US In-transit Cold Treatment Pilot Programme

    GT USA’s Port Canaveral joins Southeast US In-transit Cold Treatment Pilot Programme

    Port Canaveral, whose dedicated container terminal is operated by GT USA, the US arm of Gulftainer, the world’s largest privately owned independent port operator, has joined the Southeast US In-transit Cold Treatment Pilot Program, an initiative by the US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS). The pilot programme…

    Gama Aviation reports record revenues in 2016

    Gama Aviation reports record revenues in 2016

    Global business aviation services provider Gama Aviation reported record group revenues for last year. In its 2016 year-end…

    New operating system boosts Gulftainer’s productivity

    New operating system boosts Gulftainer’s productivity

    A key milestone in Gulfatiner’s IT transformation strategy was the implementation of the Marine and Container Handling (MACH) Terminal Operating System (TOS). The TOS upgrade…

    Gama Aviation Plc and BBA Aviation Plc merge US management and charter business

    Gama Aviation Plc and BBA Aviation Plc merge US management and charter business

    Gama Aviation Plc teams with BBA Aviation Plc to create the US’s largest Aircraft Management Business…

    RAK Ceramics Wins UAE Home Interiors Awards

    RAK Ceramics Wins UAE Home Interiors Awards

    RAK Ceramics, one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, was named “Editor’s Choice” at The InsideOut Awards 2016, an annual event recognising manufacturers and suppliers that create inspirational home interiors…

    Oxford to Be Gama’s Heavy MRO Hub

    Oxford to Be Gama’s Heavy MRO Hub

    London Oxford Airport is to become Gama Aviation’s business jet MRO hub. Gama completed its reverse takeover of Oxford-based Hangar8 plc in January 2015. Hangar8 managed 50+ business jets, had operations in Africa, and also operated a heavy MRO business jet…

    Gama Experiencing Robust Growth

    Gama Experiencing Robust Growth

    Gama Aviation’s growth path could see it expanding its footprint with newly acquired FBOs in multiple locations in a bid to boost the ground support side of a portfolio that is already strong in aircraft management and charter, as well as maintenance, repair and overhaul…

    Gama Aviation Introduces Category Zero handling at Sharjah International Airport

    Gama Aviation Introduces Category Zero handling at Sharjah International Airport

    Gama Aviation has introduced Category Zero handling for its Fixed Base Operations (FBO) at Sharjah International Airport. The handling rates have been designed to encourage light aircraft users to use the airport by ensuring the appropriate charging…

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