MARKET MOVEMENT
Online classifieds platform , Dubizzle Group announces acquisition of Drive Arabia
Dubizzle Group , the online classifieds platform in the Middle East , reinforces its dominance in the automotive sector throughout the MENA region through the acquisition of Drive Arabia . This strategic manoeuvre exemplifies Dubizzle Group ’ s dedication to elevating its array of new car options and delivering comprehensive solutions to its user base .
Dubizzle Group , is a classifieds platform in the Middle East and operates a number of flagship brands , including Dubizzle and Bayut in the UAE and broader GCC as well as Zameen and OLX in Pakistan . With 123 million monthly visits across the platform and at least 27 million monthly users , Dubizzle Group ’ s portals are go-to destinations for online classifieds .
DriveArabia . com is the largest automotive consumer portal of its kind in the
GCC region . The site provides a unique online service for motoring consumers , designed specifically for the Middle East region , and covering the automotive market in Saudi Arabia , Oman , Qatar , Kuwait , Bahrain and especially the UAE .
With over two decades of a strong brand presence in the region , particularly in the UAE and Saudi Arabia , Drive Arabia brings extensive expertise and a devoted customer following in the automotive sector to Dubizzle Group . With this acquisition , Dubizzle Group aims to consolidate its automotive advertising offerings , introducing new products , and expanding its reach to better serve its customers .
“ We are happy to welcome Drive Arabia into the Dubizzle Group family ,” said Haider Ali Khan , CEO at Dubizzle Group MENA .
Haider Ali Khan
“ Drive Arabia ’ s strong brand recognition and reach will further strengthen our existing portfolio and enable us to deliver even greater value to our customers while strengthening our providership position in the automotive space .
“ Our immediate plans for Drive Arabia include a significant investment in the platform to enhance its core value proposition as a transparent tool for car prices , specifications .”
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Technology-driven eco restoration provider , Dendra Systems secures funding from Zouk Capital , Aramco Ventures
Dendra Systems , a provider in technologydriven ecological restoration , announced the closure of its Series B funding round , raising $ 15.76 million , £ 12.5 million to accelerate its mission of advancing global ecosystem restoration efforts .
The round was led by climate tech investor , Zouk Capital , with significant participation from new investor Aramco Ventures and existing investor Airbus Ventures . Additional contributions came from existing investor Understorey Capital and several new investors including Helium-3 Ventures .
Dr Susan Graham
Founded in 2014 and based in Oxford , Dendra Systems employs 87 dedicated professionals across the UK , Australia , UAE , and US . The company provides an endto-end RestorationOS solution to restore nature , powered by high-resolution data capture and drone-based seeding , and a comprehensive AI-enabled ecosystem insights platform .
Dendra ’ s innovative approach is able to achieve targeted , rapid deployment of restoration efforts at scale , in addition to ongoing monitoring , management and reporting for the duration of multiyear projects .
Dendra is applying its market- RestorationOS technology and ecological expertise to enabling customers such as Rio Tinto , Glencore , Liontown , BHP , and the Environment Agency – Abu Dhabi , in achieving their environmental objectives .
Currently managing over 70,000 hectares , Dendra is setting new standards in nature restoration , with demonstrated capabilities in mining , infrastructure , mangrove and arid ecosystem restoration .
The fresh injection of capital will be directed towards Dendra Systems ’ expansion into new geographical markets and the continuous enhancement of its pioneering AI-enabled ecology platform . These efforts aim to address the urgent need for large scale and efficient restoration solutions in the face of escalating environmental challenges within the mining sector and other industries critical to the energy transition .
Dr Susan Graham , CEO Dendra Systems : “ This funding will enable us to bring our AI-driven restoration solutions to more ecosystems around the world , helping to reverse biodiversity loss and mitigate the effects of climate change .”
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