Y Combinator and Gobi Partners lead a USD 2.85 million million seed round for Durioo+

In just a year after its launch, Islamic-themed streaming service Durioo+ has closed a seed funding of USD 2.85 million (RM12.5 million). Among the investors are Y Combinator, Uncommon Capital, Gobi Partners, Lynett Capital, New Venture Order (NVO), and Innate Capital. Angel investors consisting of unicorn founders and employees of well-known companies from all over […]

ICIEC inks significant MoU with Abu Dhabi’s Masdar

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, today signed a wide-ranging Memorandum of Understanding (MoU) with Abu Dhabi Future Energy Company (Masdar) which is set to give a major boost to the transition to renewable and clean energy in markets […]