One of the biggest regional investment companies, Mubadala has partnered up with Japan’s Softbank to launch a tech hub in Abu Dhabi in hopes of attracting the likes of Amazon and Microsoft and to nurture tech companies and start-ups. Hub71, signifying the UAE’s independence will be based in Abu Dhabi Global Market. Read the full article here.
DFSA regulated platform SmartCrowd signs a partnership with MAG Properties. In the new partnership, the businesses also announced the launch of crowdfunding for Mag 5 in Dubai South on the SmartCrowd Property Investment platform, allowing affordable property investments for everyone.