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,
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
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
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
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
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
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’
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
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….