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February 12, 2025
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Business

Sustainability to Drive Shareholder Value for your Business

By Rohan Chopra – head of sustainability, services, and solutions, Johnson Controls Dubai, UAE, 24 April 2023: Environmental responsibility and sustainability impact not only the survival, but also the growth of every organization. In fact, sustainability-focused companies have seen better financial results relative to their peers. Embracing sustainability uncovers
Logistics Business

Shipsy Records Around 100% Top Line Growth, Opens Another RHQ in Middle East to Onboard Top Regional Talent

Shipsy, a leading SaaS-based global smart logistics management platform provider, recently announced it clocked around 100% growth in the top line and has established another regional headquarter in Riyadh to aggressively onboard local talent. Shipsy’s first regional HQ in the Middle East was established in Dubai in 2021. It also highlighted that in the Middle […]
Business GCC UAE

Juma Al Majid Est. Drives Genesis UAE Sales

Juma Al Majid Est. (JAME), the official distributor of Genesis in the UAE, proudly announces that it has won the award from Genesis Middle East for the highest sales growth in 2022. This momentous accomplishment serves as a testament to JAME’s steadfast commitment and pursuit of excellence in providing top-tier products and services, ensuring unparalleled […]
Tech NEWS DESK

Milestone Systems delivers record-high net revenue

Dubai, United Arab Emirates – 3 April 2023: Video software firm Milestone Systems delivered double-digit growth in 2022, according to the Danish company’s newly released Annual Report. The 25-year-old Copenhagen-headquartered technology company recorded an all-time high annual net revenue of 1.5 billion Danish kroner (AED 800 million), a 30% increase compared to 2021.
NEWS DESK

CHALHOUB GROUP SIGNS MOU WITH KING ABDULAZIZ UNIVERSITY

Chalhoub Group signed a Memorandum of Understanding (MoU) with King Abdulaziz University in Saudi Arabia to bridge the gap between academia and the industry – creating a pool of talented graduates who can actively contribute to the sector’s growth and expansion. The MoU was signed at King Abdulaziz University in Jeddah with the presence of Mohammad […]
Business

Al Ansari Financial Services records more than 30% growth

Dubai, UAE – 4 April 2023: Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, is pleased to announce that during the first quarter of 2023, Al Ansari Exchange’s digital channels recorded more than 30% growth in digital remittance transactions compared to the same period last year.  In March […]
NEWS DESK

GCC Healthcare Industry poised for steady growth

Dubai – March 20th 2023: Alpen Capital’s latest healthcare industry report for the GCC projects the current healthcare expenditure (CHE) in the region to reach US$ 135.5 billion in 2027, implying an annualized growth rate of 5.4% from US$ 104.1 billion in 2022. During the forecast period, CHE in the GCC countries is anticipated to […]
Business

GMG announces bold growth plan

GMG, a global well-being company operating leading brands across sport, everyday goods, health and beauty, properties, and logistics sectors, today renewed its commitment to the Egyptian market and opened its headquarters in District 5, Cairo. To support its continued growth in the country, GMG is also looking to increase its current Egyptian workforce 10 times […]
Business

Ducab Group reports more than 19 percent year-on-year growth

Dubai, UAE – 8 Mar, 2023 – Ducab Group, one of the UAE’s largest end-to-end energy solutions providers and industrial manufacturing businesses, has registered notable gains across its business units in 2022, with a combined annual year-on-year revenue increase of 19 percent. The metal business alone posted more than 23 percent in Y-o-Y growth, followed […]
Business

DIFC Grants Captive Licence to Ma’aden

Dubai, UAE; 07 March 2023: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has granted a captive licence to Ma’aden, the largest multi-commodity mining and metals company in the Middle East, and one of the top five largest mining companies in the world […]
Business

CPX Affiliate to drive business growth in Middle East

UAE, February 28, 2023 CPX Affiliate, a one-of-its-kind affiliate marketing network platform to ever launch in the GCC and a subsidiary of ITCAN, is poised to fuel the growth of businesses across the Middle East through its host of services that streamline operations and boost profitability. The business has established a set of new objectives […]
Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

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

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,

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