Investors urged to back UAE business ecosystem

Source: Zawya, Thomson Reuters – Investors urged to back UAE business ecosystem The symposium specifically sought to provide education on key topics related to Angel Investing ABU DHABI — In partnership with the UAE Ministry of Economy, the 3rd Annual Angel Rising Investor Education Symposium organized by startAD and VentureSouq saw local…

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Dubai-based Fetchr raises $41m to help MENA expansion plans

Source: ArabianBusiness –  Fetchr tackles the “no address problem” in emerging markets, typically encountered by traditional companies delivering packages to customers. Dubai-based Fetchr, a delivery-business and consumer technology app, has secured $41 million in a Series B financing round led by New Enterprise Associates Inc. (NEA), the start-up announced. The…

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Women Take Financial Control

Source: The National –  Long renowned for being more prudent with money than men, females are now hands-on about managing their wealth. But to get the best returns they must shake off some of their traditional caution and embrace a little bit of risk. Women are becoming much more proactive…

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Dubai leads Arab start-ups

Source: Financial Times – Accelerators, incubators and private equity try to find the next Careem or Souq.com Two recent successes dominate the Middle East’s start-up landscape and are instructive about important trends in the sector. In February 2016, Dubai-based ecommerce marketplace Souq.com — which sells health and beauty products and…

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