UAE start-up Udrive has secured $5 million in a new funding round. The company, which provides a pay-per-minute car rental service to consumers in the UAE, secured the funding from Cultiv8 and Oman Holding International, according to a statement on Monday. Udrive started in 2017 as a budget-friendl»»»

The UAE Federal Electricity and Water Authority is seeking expressions of interest to enable it to pre-select independent power producers for the project. The plant will be owned 60% by the government of Umm al-Quwain and the electricity authority, with the successful developer owning the balance. »»»