UAE-based automotive tech startup raises USD 750,000 in pre-seed funding

Financing unprecedented amid challenging early-stage startup climate 

Dubai – December 10, 2024: BuyAnyAutoPart, a UAE-based B2B used car part aggregator disrupting the region’s multi-billion-dollar used car part market, has secured USD 750,000 in pre-seed funding.

The company, which focuses on the search and supply of used car parts to the region’s multi-brand workshops, has attracted investment from prominent backers, including Galadari Brothers, the exclusive dealer for Mazda in the UAE, and 6G Capital, the family office of the Allana Group, among other strategic investors.

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H.E. Mattar Al Tayer officially opens the inaugural edition of Logimotion

Logimotion spotlights innovations in Warehousing and Intralogistics, Integrated Supply Chains, Logistics, Transportation and Smart Mobility

The event will feature three mainstage conferences – GTIS, SCALEX and TMF which will cover a wide variety of topics, from sustainable trade to digital transformation and its cybersecurity implications

Additional highlights include the Logimotion Innovation Terminal, showcasing startups from these sectors and Logicareer, a dedicated two-day program focused on nurturing the industry’s future talent

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Joyalukkas Diamond Fest Get Assured Gold Coins and Change to Win AED. 1.5 million at the Dubai Shopping Festival.

UAE, Dec 2024: Joyalukkas, the world’s favourite jeweller, is set to captivate customers with their extraordinary Joyalukkas Diamond Fest, showcasing its commitment to excellence and customer delight.

Joyalukkas has consistently offered exceptional promotions that enhance the festive spirit for its customers. This year-end, they have announced ‘The Diamond Fest,’ which will run from 6th December to 5th January in the UAE as well as other countries like Kuwait, Qatar, Saudi Arabia, Bahrain, Oman, Singapore and Malaysia.

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Region’s largest trade show -DIFLEX 2024- opens

India looks at raising MEA leather Market Share in US$13.70 billion Push by 2030

• India’s leather, footwear and leather products exports in the first half of 2024-25 fiscal at US$2.45 billion
• The UAE and Saudi Arabia key to Middle East growth for India’s leather products and footwear industry, says official

Dubai, December 10, 2024: The Middle East and Africa (MEA) markets hold huge unexplored potential for India’s leather products and footwear industry as the Country is working towards a target of US$13.70 billion turnover in exports by 2030 as part of a strategic growth initiative, said a senior official today.

Continue reading Region’s largest trade show -DIFLEX 2024- opens