In today’s top stories from Europe, the Middle East and Africa, Western Union teams up with cloud banking platform Mambu to provide digital banking products in Europe. Also, ADQ launches a $100 million fund to promote tech innovation in Jordan, and Swedish eCommerce platform Juni...
The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according to a company press release. The fund is designed to support high-growth tech firms and the ongoing growth of the...
The Central Bank of the United Arab Emirates has given the green light to a new digital banking platform backed by state holding company ADQ. As Reuters reported Friday (Feb. 11), ADQ and investment holding company Alpha Dhabi will own a 65% stake in the...
ADQ, the Abu Dhabi sovereign fund, could invest $500 million in India-based Flipkart, Bloomberg reported. Flipkart, which is backed by Walmart, will be looking at an initial public offering (IPO) next year, according to Bloomberg. ADQ, which is the oil-rich emirate’s most recent state investment...
June 09, 2022
The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according to a company press release. The fund is designed to support high-growth tech firms and the ongoing growth of the digital economy in Jordan, the release stated. The fund will […]
February 11, 2022
The Central Bank of the United Arab Emirates has given the green light to a new digital banking platform backed by state holding company ADQ. As Reuters reported Friday (Feb....
June 14, 2021
ADQ, the Abu Dhabi sovereign fund, could invest $500 million in India-based Flipkart, Bloomberg reported. Flipkart, which is backed by Walmart, will be looking at an initial public offering (IPO)...
