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Business Gitex

Store this fact: Lexar records 200% revenue growth in GCC

Amidst massive retail expansion Lexar, a leading global brand of flash memory solutions, has recorded a 200% revenue growth milestone in the Gulf Cooperation Council (GCC) region over the past two years, driven by increasing demand for high-performance data storage across various industries. This growth has been complemented by a marked increase in market share […]
NEWS DESK

Gulf Capital joins Abu Dhabi Sustainable Finance Declaration to support the UAE’s Green Economy for Sustainable Development initiative

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), formalising its commitment to a sustainable finance and investment industry in line with the UAE’s Green Economy for Sustainable Development initiative. The Abu […]
NEWS DESK

TechBridge MEA Appointed as Channel Value Added Distributor

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, is excited to announce the appointment of TechBridge MEA as its authorized Channel Value Added Distributor for the GCC region. This strategic partnership is set to enhance Check Point’s regional presence and expand TechBridge’s
NEWS DESK

UAE’s latest home-grown brand Flava Coffee Co.

Flava Coffee, a Dubai-based producer of specialty roasted coffee, unique for its signature blends and coffee brewing equipment, has forayed into the UAE at a time when the food and beverage (F&B) market is experiencing robust growth. The combined coffee sales revenue in the GCC is expected to reach US$6.84 billion in 2024. Revenue generated […]
Corporate

Transworld Business Advisors expands GCC operations

Reinforcing growth and advisory services Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, has extended its operations in the Gulf Cooperation Council (GCC) region. The move sees West Palm Beach, Florida-headquartered Transworld, extending its services beyond the United Arab Emirates (UAE) to include Saudi Arabia, Kuwait, Bahrain,
NEWS DESK

GCC investors expected to spend more than $4bn in UK commercial property market annually: Bank of London and The Middle East report

Investment into UK commercial property by Gulf investors is expected to grow to more than $4bn (£3.1bn) annually, according to new research from Bank of London and The Middle East (BLME), a Sharia’a compliant bank based in London. The research finds that the UK market is heading for a once-in-a-decade economic alignment, with cuts to […]