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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.