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April 1, 2025
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Business Logistics

DP World posts $20.0 billion revenue for 2024

Big boost from ports and terminals DP World’s revenue increased 9.7% to $20.0 billion, for the year ended December 31, 2024, compared to $18.25 billion in 2023, showcasing a solid performance despite a challenging geopolitical environment, with significant contributions from its ports and terminals and strategic investments boosting its integrated logistics offering.
Business

Alec achieves 29% YoY growth in 2024

Boosted by subsidiaries and Saudi rollout Alec Engineering and Contracting ( Alec), one of the largest construction firms in the Middle East region, achieved 29% year-on-year (YoY) revenue growth in 2024, driven by strong performance from its subsidiaries and the company’s expansion into Saudi Arabia from neighbouring UAE. This solid growth also coincided with a […]
Business UAE

Talabat acquires InstaShop for $32 million

In major MENA push Talabat Holding, an on-demand online ordering and delivery platform in the MENA region, has acquired InstaShop Ltd, one of the region’s foremost online grocery delivery marketplaces for $32 million. The move will enable Talabat to enhance further its grocery and retail vertical and expand its presence across the MENA region. As […]
Business Tech

MWC25 Barcelona registers 109,000 footfall

From 205 nations and territories A total of 109,000 visitors attended MWC25 Barcelona, the world’s largest and most influential connectivity event held from March 3 to 6, 2025. It was a transformative week of industry-shaping launches and impactful collaboration, highlighting advanced mobile technology and AI. The event was pivotal for the tech world, with leading […]