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Emaar Properties Reports 8% Profit Growth and Significant Revenue Boost for H1 2024-thumnail

Emaar Properties Reports 8% Profit Growth and Significant Revenue Boost for H1 2024

Financial Performance Highlights Emaar Properties PJSC of Dubai announced strong financial results for this half of 2024, driven by a great surge in both net profit and revenue. Its net

Business

Aug 8, 2024

Led by Siana Capital And Chiratae, Metadome.ai Bags Up $6.5 mn-thumnail

Led by Siana Capital And Chiratae, Metadome.ai Bags Up $6.5 mn

Extended reality startup Metadome.ai, previously known as Adloid, closed $6.5 million in its Series A investment round led by Siana Capital and an existing investor, Chiratae Ventures, with new participation

Business

Aug 8, 2024

Credit Facilities to UAE Business and Industrial Sectors Reach AED 25.7 Billion in 2024-thumnail

Credit Facilities to UAE Business and Industrial Sectors Reach AED 25.7 Billion in 2024

Credit facilities by UAE national banks towards the business and industrial sectors reached around AED 25.7 billion for the period January to May 2024. Data disclosed by the Central Bank

Business

Aug 8, 2024

Beauty Platform Kindlife Raises $8Mn Funding -thumnail

Beauty Platform Kindlife Raises $8Mn Funding 

Kindlife is a beauty and wellness platform. In a new funding round led by the South Korean private equity firm JB-Dooeun TK Fund and Japanese venture capital firm Mixi Global

Business

Aug 7, 2024

Dubai Residential Real Estate Sales hit $62 billion-thumnail

Dubai Residential Real Estate Sales hit $62 billion

Record-Breaking Transactions and Sales Value Dubai’s residential sector has seen stellar growth for the first half of 2024. As per Engel & Völkers Middle East, there were 77,233 transactions, indicating

Business

Aug 7, 2024

Fireside Invests In Aukera, A Lab-Grown Jewelry Brand -thumnail

Fireside Invests In Aukera, A Lab-Grown Jewelry Brand 

In the sustainable luxury universe, this comes as an exciting development: Fireside Ventures has made a substantive investment in the innovative brand of lab-grown jewelry, Aukera. This is Series A

Business

Aug 7, 2024

Amlak Finance Reports Strong Financial Performance for H1 2024 with Net Profit $8.17mln -thumnail

Amlak Finance Reports Strong Financial Performance for H1 2024 with Net Profit $8.17mln 

In a related development, a key player in the finance sector, Amlak Finance, has released its first half financial results for the period ending 24th June 2024, which shows commendable

Business

Aug 7, 2024

Visit Health Raises $30Mn in Primary and Secondary Transactions-thumnail

Visit Health Raises $30Mn in Primary and Secondary Transactions

Visit Health, a telehealth and wellness platform, raised USD 30 million in a mix of primary and secondary transactions. The promoters are supposed to have offloaded stakes in the current

Business

Aug 7, 2024

Ripple Partners with DIFC Innovation Hub to Boost Blockchain Innovation in Dubai-thumnail

Ripple Partners with DIFC Innovation Hub to Boost Blockchain Innovation in Dubai

Strategic Partnership to Accelerate Blockchain and Crypto Adoption In a pronouncement that breaks waves in blockchain and cryptocurrency solutions, Ripple has formed a landmark partnership with the DIFC Innovation Hub,

Business

Aug 7, 2024

Sameer Nigam Success Story- The Rise Of Phonepe In India’s Fintech Industry-thumnail

Sameer Nigam Success Story- The Rise Of Phonepe In India’s Fintech Industry

As more and more scripts around the undiscovered world unroll in the Fintech industry, perhaps, none is as thrilling and as meaningful as Sameer Nigam’s journey behind PhonePe. Phonepe was

Business

Aug 7, 2024

Lucid Group Announces up to USD 1.5 Bn Commitment from Saudi Shareholder-thumnail

Lucid Group Announces up to USD 1.5 Bn Commitment from Saudi Shareholder

The major electric vehicle manufacturer Lucid Group was given a significant financial fillip as its biggest shareholder, Saudi Arabia’s Public Investment Fund, announced the potential investment of up to USD

Business

Aug 6, 2024

Fourth Partner Energy Raises $275 Mn Funding-thumnail

Fourth Partner Energy Raises $275 Mn Funding

Fourth Partner Energy has just raised a significant $275 million in funding. This is not any investment, but its heavyweight consortium with the International Finance Corporation, Asian Development Bank, and

Business

Aug 6, 2024


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