Tagged: uae

August 8, 2016 @ 9:51 am By JD Alois  |  

Eureeca closed its self-crowdfunding round this weekend early – 100% funded. The offer closed after just 12 days of being available online. The securities offer was over 60% funded on day one Based in Dubai, Euereeca has bigger ambitions having received FCA approval in the… Read More

January 5, 2016 @ 7:33 am By JD Alois  |  

Dubai-based equity crowdfunding platform Eureeca has set a platform record having raised $610,000 for UK based Homes or Houses. The funding round closed at 151% of its goal in under 30 days. Eureeca is a twice-regulated platform, having received licensing from the UK Financial Conduct… Read More

November 24, 2015 @ 10:41 am By JD Alois  |  

Beehive, a young peer to peer lending platform, and Thomson Reuters, have partnered on an innovation white paper regarding the United Arab Emirates (UAE). The document, embedded below, is designed to learn how small business approach innovation.  Beehive hosted a roundtable earlier this year that… Read More

November 17, 2015 @ 5:25 pm By JD Alois  |  

Dubai-based Beehive, a marketplace/P2P lending platform has celebrated it’s one year anniversary this week.  In September 2015, Beehive pioneered a global first by becoming the first independently certified Sharia compliant P2P platform.  With its Sharia-compliant offering, Beehive supports Dubai’s strategy to become the capital of the… Read More

September 3, 2015 @ 8:32 am By JD Alois  |  

Clyde & Co, an international law firm operating mainly in the MENA region, states it has advised Beehive on its Sharia certification.  Beehive announced the receipt of its certification earlier this week. The peer to peer lending platform received approval by the Shariyah Review Bureau (SRB). The certification… Read More

July 13, 2015 @ 8:05 am By JD Alois  |  

Dubai based Beehive, the first peer to peer lender to set up shop in the UAE, has announced surpassing AED 12 million in loans ($3 Million USD) to 25 SMEs. Beehive has been in business less than one year. According to the company borrowing businesses… Read More

April 4, 2015 @ 10:05 am By Samantha Hurst  |  

Beehive, the UAE’s leading online marketplace for peer-to-peer finance announced it has reached a critical milestone where over 1,000 people have registered to become investors since its official launch in November 2014. This represents an average month-on-month growth of 20% in registration numbers since the company’s inception… Read More

December 29, 2014 @ 4:00 pm By Samantha Hurst  |  

On Monday (December 29th), UAE real estate crowdfunding platform Durise announced that investors are now allowed to use Bitcoin as a form of payment. According to Trade Arabia, founder and CEO of Durise Waleed Esbaitah stated, “Although Bitcoin may seem revolutionary to traditional investors this… Read More

November 10, 2014 @ 1:19 pm By JD Alois  |  

First Investment Crowdfunding Platform to Stumble on General Solicitation Requirements. Eureeca, a Dubai based investment crowdfunding platform, ran afoul of the Securities and Exchange Commission as a Cease and Desist order was filed today against the young company.  Regulators instituted proceedings based off of findings… Read More

November 4, 2014 @ 11:31 am By Samantha Hurst  |  

Dubai-based Beehive officially launched the region’s first peer-to-peer (P2P) online lending platform today, offering a new funding alternative for small to medium sized enterprises (SMEs). Beehive’s online platform is easy to use and offers a marketplace that directly connects established businesses with smart investors so… Read More

September 4, 2014 @ 9:27 am By JD Alois  |  

The professional and personal challenges, the high and lows, the failures and the success? Startup Weekend is a global grassroots movement of active and empowered entrepreneurs who are learning the basics of founding startups and launching successful ventures. It is the largest community of passionate… Read More

July 18, 2014 @ 6:26 am By Erin Hobey  |  

Monsieur Fox, the luxury menswear and accessories brand focusing on everyday elegance, is the first Fashion Forward company to be selected to launch a crowdfunding campaign on Eureeca, “signifying the growth of the fashion sector as a driving force in the region and a growing industry that is attracting… Read More

June 9, 2014 @ 6:51 am By JD Alois  |  

Dubai based equity crowdfunding platform Eureeca has exemplified the surge in entrepreneurism in the MENA region.  In many ways, this platform is leading the charge – proving what can be accomplished in a part of the world that has not traditionally been known as a… Read More

August 2, 2013 @ 12:07 pm By JD Alois  |  

Grace Century, a private equity company based in the United Arab Emirates expresses “Concern” over US Crowdfunding Proposals. The team of Grace Century FZ LLC, an international research and private equity company based north of Dubai in the United Arab Emirates, has taken a stand… Read More

April 24, 2013 @ 10:00 am By JD Alois  |  

Only 4% of bank loans go to SMEs in the United Arab Emirates (UAE), yet the government of the UAE is pushing their citizens to start businesses according to a comment in Gulf News. As with other parts of the world the UAE is recognizing… Read More