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Home > Articles
Al Ansari Financial Services to Acquire BFC Group Holdings: Strengthening Presence in the GCC Remittance Market-thumnail

Al Ansari Financial Services to Acquire BFC Group Holdings: Strengthening Presence in the GCC Remittance Market

Overview of the Acquisition Al Ansari Financial Services, a major listed company on the Dubai Financial Market, yesterday acquired Bahrain’s BFC Group Holdings WLL for $200 million. The acquisition would

Business

Jul 30, 2024

In Q1 FY25 Ideaforge’s Profits Dwindle 89% -thumnail

In Q1 FY25 Ideaforge’s Profits Dwindle 89% 

Quadcopter manufacturing company Ideaforge on Thursday reported a massive drop in its profit for Q1 of the fiscal year 2025. As per the quarterly results published on the National Stock

Business

Jul 30, 2024

Dubai Financial Market Announces 74 Percent Rise in Pre-tax Net Profit to $53.19 Million in H1 2024-thumnail

Dubai Financial Market Announces 74 Percent Rise in Pre-tax Net Profit to $53.19 Million in H1 2024

Overview of Financial Performance The Dubai Financial Market (DFM) released its consolidated financial results for H1 2024, showing a strong growth in comparison to the same period in 2023. Net

Business

Jul 30, 2024

$120 Million Recently Raised by Rapido Makes It to Turn into a Unicorn-thumnail

$120 Million Recently Raised by Rapido Makes It to Turn into a Unicorn

Rapido, turning into an Indian bike-taxi aggregator and auto-rickshaw, has attained unicorn status on the back of a fresh funding round. The firm has been able to raise $120 million

Business

Jul 30, 2024

Sachin Tendulkar: The Life and Legacy of a Cricketing Legend-thumnail

Sachin Tendulkar: The Life and Legacy of a Cricketing Legend

Introduction: Sachin Tendulkar’s Entry into Cricket Opening batsman, master blaster the number one cricket player of his era, this prince of Indian cricket was born on April 24, 1973 in

Sports

Jul 30, 2024

Top 10 Universities In India In 2025-thumnail

Top 10 Universities In India In 2025

India has a rich history of education, and it is home to some of the best universities in Asia and the world. Indian higher education is known for its high

Education

Jul 30, 2024

At $900 Mn Valuation M2P Fintech to raise $80 Mn -thumnail

At $900 Mn Valuation M2P Fintech to raise $80 Mn 

M2P Fintech, an API infrastructure platform formerly known as Yap, is on the verge of closing a large funding round. Sources in the know have told that the Bengaluru-based company

Business

Jul 29, 2024

The Influence of Social Media on Teenagers’ Mental Health-thumnail

The Influence of Social Media on Teenagers’ Mental Health

Imagine a Day Without Social Media How would you spend your 24 hours if there were no social media apps on your phone? Think about it for a moment before

Social Media

Jul 29, 2024

Drake & Scull International Returns to Profitability After Restructuring-thumnail

Drake & Scull International Returns to Profitability After Restructuring

PC: The National Overview of Drake & Scull International’s Financial Turnaround The Dubai-based contractor Drake & Scull International was successful in achieving one of the main milestones by returning to

Business

Jul 29, 2024

Network International and Biz2X Partner to Boost SME Financing in UAE-thumnail

Network International and Biz2X Partner to Boost SME Financing in UAE

Network International, one of the leading digital payment facilitators across the Middle East and Africa, has inked a strategic partnership with Biz2X to strengthen SME financing within the UAE. This

Business

Jul 29, 2024

Gruner Renewable Energy Secures $60 Million to Advance CBG Projects in India-thumnail

Gruner Renewable Energy Secures $60 Million to Advance CBG Projects in India

Noida-based Gruner Renewable Energy has raised USD 60 million in funding, an ambitious move to strengthen India’s clean energy sector. This gigantic investment will help the company augment its presence

Investment & Funding

Jul 29, 2024

Dubai Chamber Strengthens Digital Business Ecosystem Through Strategic Partnerships and Digital Startups-thumnail

Dubai Chamber Strengthens Digital Business Ecosystem Through Strategic Partnerships and Digital Startups

The Dubai Chamber of Digital Economy has recorded major accomplishments in the first half of 2024. Among the long list of achievements, one such is that it successfully facilitated the

Business

Jul 29, 2024


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