Dubai, UAE – 29 March 2022: Altibbi, the Middle East’s largest AI-based digital health platform, announces a $44 million Series B fund raise The round was led by Foundation Holdings, with participation by leading strategic and financial investors including Hikma Ventures, Global Ventures and Dash Ventures. Altibbi is the largest AI-based digital health …
Continue reading “Awad Capital Advises Altibbi on $44mn Series B Capital Raising”
Dubai, United Arab Emirates, 7 October 2021 Global digital agency Valtech has acquired Dubai-based digital-experience design specialist, Revonic. The transaction was announced on 28 July and successfully closed on 6 October 2021 following the completion of regulatory approvals. Following the recent announcement that Valtech secured funding from BC Partners valuing the company $1.4 billion, this …
Continue reading “Awad Capital advises Revonic on its sale to Valtech”
Paris | Dubai (June 21th, 2021) – Awad Capital Ltd. the Middle East partner of Drake Star Partners, acted as financial adviser to The Luxury Closet, in collaboration with Drake Star Partners, on its Series D raise. The Luxury Closet is the leading online platform in the Middle East for buying and selling pre-owned luxury goods. The …
Continue reading “Awad Capital Advises The Luxury Closet on its $14M Series D raise”
PwC Middle East enters into an asset purchase agreement to acquire Tyconz’s Enterprise Business Applications Operations which will significantly expand their technology and digital consulting services offering. Tyconz cofounders Tarek Abdel Khalek and Jawad Fakih join PwC as Partners with a focus on delivering integrated solutions from strategy through execution to clients. This enhances PwC’s …
The Luxury Closet receives investment from Huda Beauty Investment (HBI), championing resale Economy and Sustainability in the Luxury resale Marketplace Industry HBI invests in the Middle East’s resale market leader The Luxury Closet, becoming one of the principal shareholders. Founders of Huda Beauty add capabilities into brand development and their social media leverage. Partnership to …
Continue reading “Awad Capital Advises The Luxury Closet on Investment From HB Investments”
Never waste a good crisis. While the world is still in the midst of one of the greatest healthcare, economic and geo-political disruptions of our age, it is not too early to be identifying opportunities that will help build a better world, while making sound economic sense. Click the below link to read the full …
The GCC has grown to become an epicenter of global trade. From the UAE’s globally recognized logistics hubs to Saudi Arabia’s groundbreaking developments in the renewable energy field, the GCC states have produced some of the world’s foremost hubs across multiple industries. Here’s a look at the top five sectors in which GCC states are …
Continue reading “The Five Industry Sectors Keeping The GCC On The Global Map”
Technology has long disrupted multiple industries around the globe, arguably none more so than the retail industry. From personalisation through to automation and e-commerce, the gains made have been significant. The digital experience has allowed shoppers to make better-informed choices. From online reviews to social networks, consumers have an avenue to determine the best products …
Continue reading “Retail: The Next Big Sector to Be Disrupted by Technology”
