Growth

NEWS DESK GCC UAE

Dubai-based tax expert expects exponential growth

News Desk 2 21/02/2023

Dubai, UAE, 21 February 2023:  The demand for tax compliance and bookkeeping services in the UAE is poised to soar with the upcoming rollout of the corporate tax law in the country this year, an industry expert said recently.    Dubai-based consultancy firm Al Dhaheri Jones

NEWS DESK

MEPRA to focus on Regional Expansion in 2023; Key Appointments Confirmed at 16th AGM

News Desk 2 16/02/2023

The Middle East Public Relations Association (MEPRA) successfully hosted its sixteenth Annual General Meeting (AGM) at the Marriott Resort, The Palm Jumeirah, where the major initiatives undertaken in 2022 were reviewed and the strategic plan for 2023 was approved. The new strategic agenda revolves around showcasing strategic initiatives that highlight MEPRA’s

Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

News Desk 2 13/02/2023

2022 was undoubtedly a year of slumps in stock markets, and projections for 2023 remain cautious as inflation and geopolitical tension continue to affect global economy. One market, however, seems to be benefiting from the turmoil, defying the general downward trend with steady price hikes: the oil and gas market. For oil-producing countries in the […]

Business

SHUAA ICC funds outperform global benchmarks in 2022

News Desk 2 06/02/2023

United Arab Emirates, 6 February 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has affirmed its position as one of the leading regional asset managers, outperforming global industry benchmarks and strong growth in Assets Under Management (“AUM”) across its Incorporated Cell Company (ICC) fund range,

NEWS DESK

National Marine Dredging Group achieves 30% growth

News Desk 2 02/02/2023

Demonstrating the success of its geographic expansion strategy and ability to enter new business verticals, National Marine Dredging Group (ADX: NMDC), one of the world’s leading Engineering, Procurement, Construction (EPC) and marine dredging groups, announced achieving a growth in its net profit by 30% during 2022 to reach AED 1.3 billion, compared to net profit […]

Real Estate GCC UAE

UAE’s real estate sector to remain resilient in 2023

News Desk 2 27/01/2023

Dubai, United Arab Emirates; January 27, 2023 – Despite macroeconomic volatilities impacting the global real estate landscape, the UAE witnessed strong momentum in the last quarter of 2022, signaling a steady growth pipeline in 2023. In the same context, JLL’s UAE 2022 Year in Review report offers a rear-view mirror perspective of 2022 while underlining the […]

NEWS DESK

IFS performance outpaces competitors with 5th consecutive year

News Desk 2 25/01/2023

London, January 25, 2023 – IFS, the global cloud enterprise applications company, today announced its financial results for the full year ending December 31, 2022. The company posted exceptional results with software revenue growth at 28 percent year-on-year and cloud revenue growth up 80 percent as existing customers and new customers switch to IFS Cloud. The […]

Business

GMG to ramp up growth in Southeast Asia

News Desk 2 25/01/2023

UAE, January 25, 2023: GMG, a global well-being company retailing, distributing, and manufacturing a portfolio of leading international and homegrown brands across sport, food, and health sectors, today unveiled its aggressive growth plans in Southeast Asia. GMG, UAE’s homegrown conglomerate with a rich 45-years legacy, aims to open 100 new stores by 2025 to support […]

Expo GCC UAE

StoneX Group Inc. joins the iFX EXPO Dubai 2023

News Desk 2 18/01/2023

Steady Growth Steps in the Middle East From January 16th to 18th, 2023, A Fortune 100 company with a nearly 100-year track record, StoneX Group Inc – that serves more than 50,000 commercial, institutional and payments clients, and more than 370,000 retail accounts, from nearly 80 offices across six continents- will be participating in iFX […]

Real Estate Business

Strong growth of GCC economies fuels global real estate investments

News Desk 2 09/01/2023

Dubai, January 9, 2023: With economies in the Gulf Cooperation Council (GCC) expected to be relative global outperformers in 2022 and 2023, regional investors’ appetite for global real estate investment opportunities is likely to grow, according to JLL’s latest ‘The Resurgence of Outbound Real Estate Investment from the GCC’ report. The challenges posed by spiraling

Business

Melodica Music center to open two new branches as part of growth strategy

News Desk 2 02/01/2023

January 02, 2023  Melodica Music Center, the region’s leading centre for music and dance, is set to expand its presence with the launch of two new branches across the UAE to extend its services to more customers. The latest branches will be opened at My City Centre Masdar, Abu Dhabi, and Nakheel Mall, Palm Jumeirah, […]

NEWS DESK

Cloudera sets sights firmly on regional expansion as part of 5-year growth strategy

Arnold Pinto 13/10/2022

With a demonstrated track record of accelerating digital transformation for the world’s largest enterprises Cloudera – the hybrid data company – is eyeing new expansion in the MENA region in the next five years, with particular focus on Saudi Arabia, Turkey, and Egypt, with the push being spearheaded from the company’s regional headquarters in Dubai. […]