Growth

NEWS DESK

Central Hotels & Resorts Records 90% Occupancy in Q1 2025 as Palm Properties Drive Revenue Growth

PR News Desk 20/05/2025

Central Hotels & Resorts, one of the fastest-growing hospitality management companies in the UAE, continues to build momentum in 2025, reporting a robust 90% average occupancy across its portfolio in the first quarter of the year. With revenues and guest satisfaction scores surpassing 2024

NEWS DESK

Drone Champions League Expands in the UAE with Five-Year Global Growth Plan

PR News Desk 19/05/2025

Drone Champions League (DCL), the world’s leading drone sport and mixed-reality racing platform, has announced the expansion of its operations in the UAE as part of its next phase of global growth. The move follows a major milestone at the A2RL x DCL Autonomous Drone Championship, where elite teams from across the globe competed for […]

NEWS DESK

KERNO Enterprises Ushers in New Era of Growth with Christopher R. Caswell as CEO

PR News Desk 19/05/2025

KERNO Enterprises, the Middle East’s first enterprise-class IT hardware manufacturer, has announced that Christopher R. Caswell has acquired full ownership of the company and assumed the role of Chief Executive Officer. Founder Demetrio Russo will transition to an advisory role while launching a new venture in AI enterprise software. The leadership transition comes

NEWS DESK

Tech Mahindra Announces Senior Leadership Elevations to Drive Strategic Market Growth

PR News Desk 13/05/2025

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced key leadership elevations to drive strategic growth in critical markets. Manish Mangal will take over as Head – Americas Communications Business, and Sahil Dhawan has been appointed Head – India, Middle East, and Africa (IMEA)

NEWS DESK

Global report sheds light on the evolving dynamics between private label and branded products in Saudi Arabia (KSA), highlighting both challenges and growth opportunities

PR News Desk 13/05/2025

NielsenIQ (NIQ) released “Finding Harmony on the Shelf: 2025 Global Outlook on Private Label & Branded Products” a new report that provides an in-depth analysis of shifting global consumer attitudes towards private label and branded products, the catalysts driving these trends both globally and regionally, and key insights that retailers and CPG manufacturers

NEWS DESK

Object 1 reports 220% sales value growth in Q1 2025 as Dubai real estate continues upward momentum

PR News Desk 12/05/2025

Object 1 has announced a robust start to the year, with sales value surging by 220% and sales volume increasing by 140% in Q1 2025 compared to the same period in 2024, according to Dubai Land Department (DLD) data, including resales. The company strengthened its position as a key player in the Jumeirah Village Triangle […]

NEWS DESK

EMX unveils Dark Store network to empower UAE’s eCommerce growth

PR News Desk 12/05/2025

EMX, the logistics arm of 7X, unveiled a new solution designed to support the UAE’s hyperlocal eCommerce landscape. EMX’s latest offering – Dark Store network – facilitates quick and affordable deliveries across the UAE for retailers, online marketplaces, and direct-to-consumer brands, solidifying the company’s position as a regional logistics leader. EMX’s ‘Dark Store’ is

NEWS DESK

ADNOC DISTRIBUTION REPORTS HIGHEST FIRST-QUARTER EBITDA, WITH 11% YEAR-ON-YEAR GROWTH

PR News Desk 06/05/2025

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today reported record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth. For the first three months of 2025, ADNOC Distribution’s financial performance significantly exceeded analyst expectations. Net profit increased 16%

NEWS DESK

Giovanni Brienza Appointed President of Frontline International

PR News Desk 02/05/2025

Frontline International, celebrating 25 years of innovation in commercial kitchen solutions, has appointed Giovanni Brienza as its new president. Founder John Palazzo will continue as CEO, focusing on strategic direction and long-term growth initiatives. Frontline is a USA-based manufacturer of systems used globally by foodservice operations for safer, more sustainable

NEWS DESK

Strategic partnerships at ATM 2025 to boost Qatar’s global tourism growth

PR News Desk 02/05/2025

Qatar Tourism and Visit Qatar have successfully concluded their participation in the 32nd edition of Arabian Travel Market (ATM) 2025, held from April 28 to May 1 at the Dubai World Trade Centre. The event provided Qatar with a significant platform to highlight its growing position as a leading global tourism destination. Leading a delegation […]

NEWS DESK

ATM 2025 sets a new benchmark with over 55,000 attendees, marking 16% year-on-year growth

PR News Desk 01/05/2025

Arabian Travel Market (ATM), the leading global event for the travel and tourism sector, has welcomed more than 55,000 industry professionals from 166 countries, representing a 16% increase on last year’s edition. The event has showcased over 2,800 exhibiting companies, with 19% from the Middle East and 81% from the rest of the world. Organised […]

NEWS DESK

Dubai Real Estate Enters a New Growth Phase as Market Nears Pre-2008 Highs

PR News Desk 30/04/2025

As Dubai’s property market surges toward pre-2008 peak levels, real estate developers are adopting a more calculated approach to expansion in 2025, pivoting from aggressive growth.[1] LEOS Developments, in the past 18 months, has launched nine distinctive projects across Dubai, each reflecting a shift toward diversification, sustainability, and design-led living. With

NEWS DESK

Thrifty UAE Shifts Gears at ATM 2025 with Smart Kiosks, Flexible Rentals, and Ambitious Growth Plans

PR News Desk 29/04/2025

Consumer expectations around mobility are shifting. Convenience, speed, and personalisation are driving demand in the UAE’s growing car rental market. At Arabian Travel Market (ATM) 2025, Thrifty Car Rentals UAE is reintroducing itself as a brand designed for today’s on-demand world. From flexible rental options to the launch of a self-service kiosk experience, the brand

NEWS DESK

GCC Board Gender Diversity Sees Steady Growth Since 2024, Report Reveals

PR News Desk 29/04/2025

Heriot-Watt University and Aurora50 have today released the ‘GCC Board Gender Index Report 2025’, marking the second edition of this landmark publication. Following the inaugural ‘GCC Board Gender Index Report 2024’, this year’s edition continues to provide an in-depth analysis of women’s representation on the boards of publicly listed

NEWS DESK

UAB delivers 49% growth in Q1 2025 net profit Driven by Strong business momentum and growth in assets

PR News Desk 29/04/2025

United Arab Bank P.J.S.C (“UAB” or “the Bank”) reports its financial results for the three months ending 31st March 2025. UAB posted a net profit of AED 102 million for the Q1 2025, compared to AED 68 million in Q1 2024 representing an increase of 49%. The growth in net profit stems from the improved […]

NEWS DESK

NMDC Energy continues growth momentum into 2025 with robust Q1 financial results

PR News Desk 29/04/2025

NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported strong financial results for the period ending 31 March 2025, with robust performance defined by healthy project activity and diversified revenue contribution. NMDC Energy achieved 25% year-on-year increase in net profit for the quarter, from AED174 million in Q1 2024 […]

NEWS DESK

Middle East business travel spending adapts to global shifts, reaching 6.1% growth in 2025, say experts at IBTM@ATM 2025

PR News Desk 29/04/2025

Current trends in business travel spending, changing global economic conditions, and the increasing impact of regional economic strategies have emerged as significant forces shaping the future of business travel in the Middle East. Today, experts gathered at the new Business Events Stage during the Arabian Travel Market (ATM) 2025, part of the newly launched IBTM@ATM […]

NEWS DESK

Acronis Drives Cybersecurity Leadership with Over 7.5 Million Attacks Prevented, Continuous Growth, Innovation, and Industry Recognition

PR News Desk 28/04/2025

Acronis, a global leader in cybersecurity and data protection, solidifies its position as a cybersecurity leader through significant milestones, a broadened global user base, and new product releases and enhancements. Over the past year, Acronis has prevented more than 7.5 million attacks, demonstrating the proactive defense capabilities of its

NEWS DESK

UAE Council for Entrepreneurship holds second meeting highlighting its plans to enhance the UAE’s business environment and support SME growth

PR News Desk 28/04/2025

The UAE Council for Entrepreneurship held its second meeting of the year, chaired by H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship. It was attended by council members representing federal and local government entities, economic development departments, and various councils and funds promoting entrepreneurship in the country. The meeting forms

NEWS DESK

TIME Hotels to reveal bold growth strategy with 12 new openings by Q1 2026 during Arabian Travel Market

PR News Desk 25/04/2025

TIME Hotels, the UAE-born hospitality brand, is accelerating its global growth with bold expansion plans unveiled ahead of Arabian Travel Market 2025. With a strategic focus on high-growth markets, the company aims to open 12 new properties across Saudi Arabia, Tanzania, Morocco, and the Indian Ocean by Q1 2026, and is targeting an ambitious milestone […]