Growth

NEWS DESK

Alef Education Maintains Impressive Growth Momentum in Q3

News Desk 1 01/11/2024 0

Alef Education Holding Plc (Alef Education), an award-winning AI-driven learning solutions provider based in Abu Dhabi, has announced its financial results for the period ending 30 September 2024. It marks Alef Education’s second set of results since its successful IPO in June 2024. Alef

NEWS DESK

Encubay Global Immersion Week 2024 Fuels Global Growth for Women Entrepreneurs

News Desk 1 01/11/2024 0

Encubay, a global startup and angel network dedicated to driving opportunities for women in entrepreneurship and investing, proudly concluded its Global Immersion Week 2024, (EGIW24’). The monumental event featured notable figures such as Archana Jahagirdar, recognized as one of the Top 20 Women in Venture Capital and the Founder of the consumer and tech-focused fund, […]

NEWS DESK

IFS Q3 2024 Financial Results: Record Growth Accelerated by Increasing Demand

News Desk 1 30/10/2024 0

IFS, the leading provider of enterprise cloud and Industrial AI software for the hardcore businesses that make, service, and power our planet, announces record growth for the third quarter, ending September 30, 2024. Global organic growth supported by a strong partner community underpins IFS’s strategy and robust financial performance. IFS Q3 Headline Results: Strategic

NEWS DESK

National CSR Fund – MAJRA underscores importance of adopting social responsibility and sustainability disclosures

News Desk 1 29/10/2024 0

The National CSR Fund – MAJRA conducted several visits to the UAE’s economic development departments in an effort to reinforce its strategies aimed to strengthen its partnerships with government sector organisations. Furthermore, the visits aimed at guiding private sector companies to support the United Nations Sustainable Development Goals and the UAE’s national

NEWS DESK

Emirates Stallions Group achieves 125% YoY Growth in Revenue in Q3 2024

News Desk 1 29/10/2024 0

Emirates Stallions Group (ADX: ESG), the leading conglomerate operating across the Workforce Solutions, Construction and Real Estate sectors, and a subsidiary of International Holding Company (ADX: IHC), today announced a leap in operational profit to AED 151.78 million in the first nine months of 2024, achieving a growth of 69% compared to the same period […]

NEWS DESK

RAKBANK Selects Oracle Fusion Cloud Applications Suite to Accelerate Business Growth

News Desk 1 18/10/2024 0

Oracle today announced that UAE-based RAKBANK (National Bank of Ras Al Khaimah) has selected Oracle Fusion Cloud Applications Suite to make its business processes seamless, efficient and fit to support the bank’s rapid growth plans. With an integrated suite of cloud applications to manage finance, HR,

NEWS DESK

Policy Address by Hong Kong SAR’s Chief Executive John Lee: New Initiatives to Propel Economic Growth

News Desk 1 18/10/2024 0

17 October 2024 – John Lee, Chief Executive of the Hong Kong Special Administrative Region unveiled a range of measures in his 2024 Policy Address (October 16) to inject greater vitality into the economy, focusing on both established and emerging industries. In terms of existing businesses, Mr Lee said the Government would explore new growth […]

NEWS DESK

Azizi Developments sells 75% of Azizi Jewel within just weeks of its launch

News Desk 1 17/10/2024 0

Azizi Developments, a leading private developer in the UAE, has announced that Azizi Jewel, its modern, urban lifestyle development nestled in the highly acclaimed growth corridor, Al Furjan, is now over 75% sold. Among the 31 nationalities that have purchased units so far, buyers from the United Arab Emirates represent the largest demographic at a […]

NEWS DESK

Dubai-Based Stryde Unlocks Investment Access to High Growth Ventures

News Desk 1 15/10/2024 0

Stryde, the first and only regulated private market investment platform in the MENA region, is redefining access to private markets, making regional and global high-growth opportunities in private equity and venture capital available to both retail and institutional investors. Previously restricted, complex and fragmented, private markets are now within reach of a broader

NEWS DESK

FoX-i Welcomes 5I Ventures (5IV) as Lead Investor, Paving the Way for Future Growth

News Desk 1 15/10/2024 0

FoX-i LLC, the boutique fintech firm focused on algorithmic trading strategies in the Forex market, is pleased to announce the successful closing of the acquisition of a major stake by Singapore-based 5I Ventures Pte. Ltd. Following the transaction, 5IV will be the new lead investor dedicated to supporting the next phase of FoX-i’s growth. This […]

NEWS DESK

Hype Luxury Registers 100% Growth In Global Partnerships

News Desk 1 11/10/2024 0

The world’s largest Luxury Mobility Aggregator on Land, Air and Sea, Hype Luxury (https://hype.luxury) has reported an impressive surge in the onboarding of fleet partners globally, with the growth rate exceeding 100%. A recent review revealed that India experienced an 80% rise in fleet partnerships, while the UAE and UK recorded a 160% increase. The […]

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Al Khoory Hotels launches exclusive loyalty programme

News Desk 2 10/10/2024 0

Al Khoory Hotels, part of the Al Khoory Group’s hospitality division, has announced the official launch of its new loyalty programme, Hayakum Al Khoory Rewards as the company continues to witness increased guest numbers and year-on-year RevPAR (revenue per available room) growth. The Arabic name Hayakum, meaning welcome, is inspired by Al Khoory Hotel’s emirate […]

NEWS DESK

Dubai Department of Economy and Tourism Teams Up with Sport Impact Summit

News Desk 2 09/10/2024 0

The Dubai Department of Economy and Tourism (DET) has joined the impressive roster of partners for the Sport Impact Summit (SIS). Scheduled to take place at Atlantis, The Palm in Dubai on December 4th and 5th, 2024, the summit is a groundbreaking global initiative aimed at harnessing the transformative power of sport to drive sustainability, […]

NEWS DESK

Growth in outsourcing gathers pace as UAE hospitality sector continues to wrestle with staffing issues

News Desk 2 09/10/2024 0

Leading UAE-based smart and green facilities management (FM) company Farnek has witnessed major growth for its hospitality division, with outsourcing a driving factor. This year alone Farnek has won dozens of contracts worth in excess of AED 72 million, mobilising over 450 staff, with international hotel brands such as EMAAR, Millennium, Sheraton, Movenpick, Sofitel,

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Reflecting on a Decade of Growth and Achievement, Cranleigh Abu Dhabi Celebrates 10 Years of Pioneering Education

News Desk 1 08/10/2024

Cranleigh Abu Dhabi is proud to announce its 10th anniversary, celebrating a decade of distinguished academic achievements in the United Arab Emirates. Drawing on the legacy of its renowned parent school, Cranleigh in the United Kingdom, which boasts over 150 years of heritage, Cranleigh Abu Dhabi has established itself as a leading institution in Abu […]

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Ministry of Economy launches National Economic Registry ‘Growth’ to support the UAE’s efforts in providing proactive government services

News Desk 1 02/10/2024

The Ministry of Economy announced the launch of the National Economic Registry (NER) – Growth – the largest unified and reliable database of enterprises and companies’ business licenses across the seven emirates. This registry combines the procedures and requirements for establishing businesses and conducting economic activities in the country into a single

NEWS DESK

UAE India Business Council – UAE Chapter Partners with Expand North Star to Foster Innovation and Growth

News Desk 1 01/10/2024

The UAE India Business Council – UAE Chapter (UIBC-UC) has announced a strategic partnership with Expand North Star, the world’s largest startup and investor conference dedicated to fostering innovation and a significant initiative of GITEX, independently rated as the best tech show in the world. As a community partner for this exciting initiative, the UIBC-UC […]

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LOGIC Consulting joins forces with EEA to boost business growth and empower Egyptian entrepreneurs

News Desk 1 01/10/2024

LOGIC Consulting, a leading regional management consulting firm, has collaborated with the fourth edition of Egypt Entrepreneur Awards (EEA) as its Ecosystem Partner. The partnership highlights the shared vision of both parties to foster entrepreneurship and develop a conducive ecosystem for business development and Egypt’s economic growth.  Since its inception in

NEWS DESK

ServiceNow releases new HR innovations, empowering leaders to fuel employee and business growth

News Desk 1 30/09/2024

ServiceNow (NYSE: NOW), the AI platform for business transformation, has announced new HR innovations that empower leaders to fuel employee and business growth. HR and GenAI innovations enhance employee communications, improve employee engagement, and make it easier than ever for employees to get support across departments from a single point of entry. Additionally,

NEWS DESK

HyperLight Accelerates Growth With $37M Funding Led by Summit Partners

News Desk 1 25/09/2024

HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), today announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation,a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of