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

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

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

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

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

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

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

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

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

The parent company of MapMyIndia, CE Info Systems, has now sent a legal notice to Ola Electric, alleging that it has copied data without consent. This follows Ola Electric having

Electric vehicle (EV) and clean energy startup Simple Energy has successfully raised $20 million in its Series A funding round. This round saw participation from high-net-worth individuals (HNIs) associated with

Global investment management firm Franklin Templeton is planning to increase its Middle East presence by launching seven feeder funds into the UAE, enabling the company to attract retail investors in