INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

AHOY raises $20m in financing

Since its launch in 2018, AHOY has raised a total funding of $27 million. AFP
  • AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets
  • It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021

AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors.

AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets.

Since its launch in 2018, AHOY has raised a total funding of $27 million. It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021.