The Luxury Closet, a Dubai-based ecommerce platform for pre-owned luxury goods raised $2.3 million in fresh funds, as their 2nd part of their growth fund, and closed its growth round with $11 million. This second closing of the round was led by Knuru Capital, recently established VC from Abu Dhabi. They raised […]
UAE
UAE
Global Fashion Group, owned by Rocket Internet, has announced a strategic partnership with Emaar Malls, which have some of the biggest shopping malls like Dubai Mall in the region and owned by property developer Emaar Properties. Emaar Malls will acquire a 51% stake in Namshi, the leading online fashion retailer in […]
Increasing access to the latest technologies in countries where the largest social group are young citizens, lets us hope that technological revolution in the MENA region will come. In countries where the main problem is unemployment, the best alternative for many young entrepreneurs is to develop their own startup. A […]
Google has revealed that Lino Cattaruzzi has been designated as Managing Director for the Middle East and North Africa. He has over 20 years of experience in the tech industry. Formerly he commanded the Google business in Mexico as Country Director. Beforehand he did that in Argentina too. He also […]
Low taxes and strategic position as a crossroads city in the Middle East make Dubai a perfect place for starting new products and services. Dubai currently has a status of a global city. It is a lot more than luxury shopping, contemporaneous architecture and agile nightlife. It plays host to […]