Author: Arabian Media staff
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Quality-of-life factors eclipsed traditional traits like sunny days and taxes. Source link
Image: Dubai Media Office Dubai Police have arrested a cybercrime gang accused of running fraudulent online trading and investment schemes through social media platforms, the force said on Sunday. The arrests were carried out by the Anti-Fraud Centre at the General Department of Criminal Investigation, following extensive monitoring and investigation efforts, according to a report published by the Dubai Media Office. The suspects had contacted victims through phone calls, falsely presenting themselves as representatives of legitimate electronic trading and investment platforms. They used these claims to gain victims’ trust and convince them to transfer funds with the promise of fast…
Image: Getty Images Mubadala Investment Company, the Abu Dhabi-based sovereign investor, said on Monday it has entered into an agreement to make a significant reinvestment in PCI Pharma Services, a global contract development and manufacturing organisation (CDMO) focused on biotherapies. The deal is part of a strategic transaction co-led by Bain Capital and existing lead investor Kohlberg. Partners Group will also remain involved with a minority investment, Mubadala said in a statement. Mubadala first invested in PCI alongside Kohlberg in 2020. PCI has been expanding its presence in pharma Over the past five years, PCI has delivered more than 450…
Ovasave, an Abu Dhabi-based digital health startup focused on fertility and hormonal care, has raised $1.2m in pre-seed funding, a sign of growing investor appetite for women’s health innovation across the Gulf. The funding round was led by PlusVC, Annex Investments, and New York-based venture studio 25 Madison. It also drew support from strategic angel investors and family offices across the UAE and Saudi Arabia, reflecting a widening pool of capital being deployed into early-stage femtech ventures. Backed by Abu Dhabi’s Hub71 ecosystem and registered with the Department of Health – Abu Dhabi, Ovasave is positioning itself as a pioneer…
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U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings. Source link
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