Mubadala aims to expand its fund of funds programme and invest in both established and emerging fund managers across the continent. (Image source: Jason Goh/Pixabay)
UAE-based Mubadala Investment Company has announced plans to create a US$400mn fund to invest in leading European technology companies
The Dubai Economy Tracker Index (DET) rose to 57.6 in May 2018 from 53.9 in April 2017, signalling the sharpest improvement in business conditions in over a year.
The UAE?s minister of economy said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority (FCSA) indicate growth in the economic performance of the country in general; which came as a result of growth in oil resources and rise in international oil prices and growth in non-oil sectors
IECTelecom and Thuraya stand at Posidonia. (Image source: Thuraya)
Thuraya Telecommunications Company and IEC Telecom have jointly showcased Thuraya?s maritime product portfolio and provided a preview of the latest Thuraya maritime VSAT service at Posidonia 2018, held in Greece from 4-8 June 2018
Al Boom, deputy CEO at Dubai FDI, receives the award. (Image source: Dubai FDI)
Dubai FDI has won the first-ever ?Top Investment Promotion Agencies Africa & Middle East ? Regional?
The companies will look to invest in areas such as new connectivities, IoT, cybersecurity, cloud, AI and fintech. (Image source: C.E. Kent/Flickr)
France?s Orange said that it has partnered with search engine giant Google through the company?s venture capital arm, Orange Digital Ventures (ODV), to explore investment opportunities in Europe, Middle East and Africa (EMEA)
