INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts 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.