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UAE 🇦🇪

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Amwaj International purchased an 18% stake in UAE developer Cledor, valuing it at $100 million. 
Cledor will manage upcoming Amwaj projects, boosting its capacity to attract industry talent. 
The partnership grants Cledor access to Amwaj&#8217;s global teams and extensive supply chain networks. 
Amwaj aims to develop 50,000 residential units, accommodating around 200,000 residents. 
This expansion reflects Dubai&#8217;s growing luxury property market and new development opportunities.

Rise of Fearless seeks $700,000 to expand their mobile game and integrate blockchain technology. 
The funds will enhance gameplay, allowing players to own digital assets through decentralised tech. 
Built around African culture, the game aims to educate and entertain with local history. 
Africa&#8217;s gaming market is rapidly growing, projected to reach $3,72 billion by 2029. 
Blockchain gaming offers new financial opportunities, especially in regions with limited banking access.

Fuze received a Retail Payment Services and Card Schemes licence from the UAE Central Bank. 
This licence boosts Fuze&#8217;s capabilities in digital and AI-enhanced payment solutions. 
The move aligns with the UAE&#8217;s strategy to increase the digital economy&#8217;s GDP contribution. 
Fuze aims to be a leader in offering flexible, user-friendly, and compliant payment services. 
Despite its recent founding, Fuze is recognized as a &#8216;Future 100&#8217; company in the region.

Khazna Data Centers is expanding in the UAE with new AI-focused facilities in Abu Dhabi. 
The centres aim for LEED Gold certification, reflecting a strong commitment to sustainability. 
CEO Alnaqbi highlights rising demand for advanced infrastructure due to AI industry growth. 
Scheduled for completion by 2026, the centres will greatly enhance cloud hosting capacities. 
Innovative cooling systems and energy management tools will boost efficiency and uptime.

Dubai AI Week began with Sheikh Hamdan highlighting AI as vital to Dubai&#8217;s future. 
AI is seen as infrastructure for adaptive services and forward-thinking governance in the city. 
Dubai will assess government and education sectors based on AI integration and contributions. 
Experts and global companies gather to explore AI applications in various fields. 
The event underscores Dubai&#8217;s commitment to leading global AI innovation and competitiveness.

Presight partners with MBZUAI to boost AI startups and entrepreneurship in the UAE. 
The collaboration offers startups technical support, while providing students with training and job opportunities. 
MBZUAI experts will deliver technical consulting and organise networking events to foster innovation. 
This initiative aims to strengthen Abu Dhabi&#8217;s reputation as a global hub for AI innovation. 
It aligns with the UAE&#8217;s National AI Strategy for 2031, advancing the country&#8217;s AI sector ambitions.

Resolv Labs secured $10 million in Seed funding to enhance its stablecoin-centred Resolv Protocol. 
Cyber,Fund, Maven11, and Coinbase Ventures were key investors among other prominent participants. 
The funds will expand crypto yield strategies and partnerships with digital asset managers. 
Resolv Protocol employs a delta-neutral strategy, offering stable returns amidst crypto market volatility. 
Despite recent asset decreases, investors remain optimistic about Resolv Labs&#8217; potential in crypto finance.

Mubadala and EQT, alongside others, invest $600 million in Nord Anglia Education. 
Nord Anglia operates over 80 schools in 33 countries, serving 90,000 students. 
Mubadala&#8217;s Alvin Teh highlights global demand for high-quality education and innovation. 
EQT&#8217;s Jack Hennessy praises Nord Anglia’s leadership in premium education. 
Nord Anglia CEO predicts Mubadala backing will enhance educational quality and global stature.

Metric, a UAE fintech company, secures a significant seven-figure seed funding round. 
This funding will boost AI-driven finance solutions and expand services across the Gulf and Asia. 
Metric&#8217;s marketplace offers financial tools like business debit cards to SMEs. 
Their AI assistant &#8220;Max&#8221; provides tailored financial guidance as a virtual advisor. 
Metric aims to grow in the Middle East, North Africa, Afghanistan, and Pakistan markets.

The fintech sector secured over $1 billion in funding during Q1 2025 in the MENA region.
Total startup investments reached $1,5 billion, according to a report by Wamda.
Sectors like insurtech and e-commerce attracted less funding, while interest in SaaS declined for the second consecutive month.
Investors are favoring practical tech solutions that directly impact consumers’ daily lives.
The data indicates a clear shift in investment trends, with increased competition expected in fintech and proptech sectors.

The latest Forbes Middle East ranking highlights influential real estate leaders in the region. 
Hussain Sajwani of DAMAC Properties tops the 2025 list, with his wealth doubling last year. 
UAE executives dominate the list, with 42 out of 79 influential figures based there. 
Five billionaires, including Mohamed Alabbar and P,N,C Menon, collectively hold $19,3 billion. 
Forbes plans &#8220;Building the Future&#8221; summits in Abu Dhabi and Tripoli to discuss real estate trends.

BridgeWise, an AI-driven investment platform, has expanded to the Middle East. 
They secured an operating licence from the Dubai International Financial Centre. 
Emirates NBD bank invested in their Series A funding, boosting their expansion. 
BridgeWise&#8217;s AI provides clear explanations to help users make better financial decisions. 
Dubai&#8217;s position as a financial innovation hub supports BridgeWise&#8217;s ambitious growth plans.

Comfi has partnered with Wafeq to integrate invoice financing for UAE small businesses. 
Wafeq users can access up to AED 2 million in liquidity without disrupting business processes. 
Comfi committed $5 million for invoice financing on Wafeq&#8217;s platform to support UAE SMEs. 
Future plans include &#8220;Pay Later&#8221; options, enabling clients to buy on credit risk-free. 
The partnership simplifies financial operations, easing cash flow challenges for SMEs.

HRA Experience secured a €35 million investment from an Abu Dhabi-based private investor. 
The funding supports the launch of platforms like HRA Airlines and HRA Exchange. 
CEO Adem Kiraz sees the investment as validation of HRA&#8217;s globally relevant vision. 
HRA aims to revolutionise travel and spending, particularly for crypto enthusiasts. 
Their platforms blend blockchain with real-world travel, enhancing accessibility and simplicity.

Majid Al Futtaim is investing approximately $293 million in a new development in West Cairo. 
The project includes thirteen buildings, a hotel, and serviced hotel apartments in 6th of October City. 
Expected returns are over 30%, with sales projected to start by 2030. 
Majid Al Futtaim&#8217;s total investments in Egypt now approach $2,5 billion. 
This development showcases their confidence in Egypt&#8217;s economic potential and commitment to the region.

BKN301 secured $23,8 million to accelerate global expansion, especially into the UAE and Saudi Arabia. 
Investors like CDP Venture Capital SGR and Azimut Libera Impresa SGR participated in the funding. 
CEO Stefano Mucchioli sees this as investor confidence in their scalable business model. 
The fintech aims for a 36% CAGR in EBITDA by 2028, focusing on digital payment solutions. 
BKN301&#8217;s &#8220;BaaS Orchestrator&#8221; offers services like payment processing and AI-driven open banking.

Trafigura secures a large $235 million financing deal to expand shipping in the UAE. 
The funding, backed by First Abu Dhabi Bank, enhances crude, petroleum, and commodity logistics. 
This highlights the UAE’s strategic role in global trade and commodity supply chains. 
It supports Trafigura&#8217;s adaptation to shifting markets, driven by growing global energy needs. 
Such agreements bolster trade efficiency and strengthen diplomatic and economic connections.

ADEX has secured a $235 million syndicated loan to support UAE exports via Trafigura. 
The agreement includes contributions from SMBC and CBD, boosting UAE&#8217;s global trade reach. 
ADEX will fund $150 million to promote Emirati commodities in sectors like energy and metals. 
This deal aims to reinforce UAE&#8217;s position as a hub for regional and international trade. 
The partnership aligns with the UAE&#8217;s vision for a diverse and resilient future economy.

Alareeb Holding acquires 80% stake in human resource specialist VTCHR. 
The acquisition aims to enhance organisational structures and corporate governance. 
Ahmad Al-Obaid highlights innovation in HR as key to sustainable efficiency. 
VTCHR CEO Nouf Nasser sees the deal boosting HR solutions&#8217; innovation. 
This acquisition could drive noteworthy changes in the competitive service sector.

Abu Dhabi Global Market fined AC Holding and CEO Christopher Flinos US$12,47 million for breaches. 
The company, trading as HAYVN, operated unauthorised cryptocurrency services outside its licensed scope. 
Investigations revealed false financial reports and fraudulent trades by CEO Flinos from 2019 to 2022. 
RA fined the firm US$3,61 million and banned Flinos from directorship for fifteen years. 
FSRA imposed additional fines of US$8,85 million for compliance failures and misleading documentation.

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nmbr is a Dubai-based startup registered in the state of Delaware, USA.
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The company launched its public waitlist starting April 14.
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The first one million users will receive exclusive digital “nmbrs.”
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These users will also be granted Restricted Common Stock shares.
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This offer gives users actual equity ownership in the company.
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