Author: Arabian Media staff
Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages. A message on the Mesa website states that as of December 12, “all Mesa Homeowners Card accounts are closed,” adding, “All credit cards have been deactivated and you are no longer able to make any new purchases or earn Mesa Points.” A Mesa FAQ about the shutdown described this as “a business decision to close the Mesa Homeowners Card Program entirely.” TechCrunch has reached out to Mesa for additional comment on its future plans. The startup launched just over a year ago,…
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Arvind Ramamurthy, chief market development officer at ADGM As Abu Dhabi cements its status as one of the world’s most influential financial centres, family offices are emerging as a core pillar of its investment ecosystem. Today, ADGM (Abu Dhabi Global Market) is not only celebrating a decade of regulatory excellence and institutional expansion, but also positioning itself as the most sophisticated jurisdiction for global and regional family offices seeking governance, stability, and long-term wealth preservation. Few leaders have had a closer vantage point to this transformation than Arvind Ramamurthy, chief market development officer at ADGM, who has witnessed firsthand the…
Spinny, an Indian online marketplace for used cars, is raising around $160 million as it moves to acquire car services startup GoMechanic, TechCrunch has learned. The Series G round, which includes a mix of primary and secondary transactions, would value the 10-year-old startup at about $1.8 billion post-money, three people familiar with the matter said, broadly in line with its previous valuation. Nearly $90 million of the round is primary, people said; Existing investor Accel has already wired about $44 million of that amount, with some details of the investment appearing in regulatory filings in India this week, which Indian…
Credit for images: Parking meter-left (WAM) and Abu Dhabi skyline-right (Getty Images) Q Mobility has announced the commencement of parking regulation in the commercial sectors of Mohamed Bin Zayed City, under the supervision of the Integrated Transport Centre of the Department of Municipalities and Transport, starting Monday, December 15, 2025. According to a WAM report, the initiative forms part of ongoing efforts to reduce illegal and random parking while optimising traffic flow across key commercial areas. The first phase covers ME9, ME10, ME11 and ME12, focusing on the optimal use of parking spaces and the creation of organised, safe parking…
Image: Getty Images/ For illustrative purposes Dubai Police issued a public safety alert to residents and citizens on Saturday evening, warning of adverse weather conditions across the emirate. The alert was sent directly to mobile phones. Authorities urged the public to avoid beaches and marine activities, stay away from valleys and flood-prone areas, and exercise caution while driving. Residents were also advised to follow official guidance and instructions as conditions evolve. UAE weather alert for December 13-19 On Friday, December 12, the National Centre of Meteorology (NCM), reported that the UAE will be affected by a surface low-pressure system from…
L to R: Rehan Jalil, CEO of Securiti AI, with Anand Eswaran, CEO of Veeam When Veeam announced a definitive agreement to acquire California-based Securiti AI, it signalled a new era for artificial intelligence (AI). It unites the global leader in data resilience with the leader in data security posture management (DSPM), data access governance, AI security, and privacy – addressing one of the biggest challenges facing enterprises today: how to accelerate safe AI at scale. Veeam is hosting a special event at the Jumeirah Burj Al Arab hotel in Dubai on December 18, where top executives from both companies…
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re tracking layoffs in the tech industry in 2025 so you can see the trajectory of the cutbacks and understand the impact on innovation across all types of companies. As businesses continue to embrace AI and automation, this tracker serves as a reminder of the human…
A baby was born in a Waymo this week, and it wasn’t even the first one. What started as a novelty story quickly became a reminder of how autonomous vehicles are quietly becoming part of everyday life, complete with all the messiness that entails. The real coming-of-age story this week, however, wasn’t happening in San Francisco’s robotaxis. It was playing out in Hollywood, where Netflix made an $82 billion bid to acquire Warner Bros. Discovery’s streaming and studio business. Today on TechCrunch’s Equity podcast, hosts Kirsten Korosec and Anthony Ha discuss what happens when the startup that used to mail you DVDs grows up and tries to buy a legacy entertainment empire, plus…
Venture capitalists Ross Fubini (XYZ Ventures) and Leslie Feinzaig (Graham & Walker Ventures) pull back the curtain on how VCs build their own go-to-market strategies — not just how they evaluate startups, but also how they win over LPs and founders alike. In this episode of Build Mode, they share hard-won lessons from raising their first funds and how that experience allows them to empathize with founders. They discuss why “founder-market fit” applies to VCs too, how authentic thought leadership beats manufactured content, and why the best investor relationships start years before you need the money. Plus, the importance of…