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Mideast Stocks: Gulf Markets Dip Amid Regional Tensions, Dubai Index Rises-thumnail

Mideast Stocks: Gulf Markets Dip Amid Regional Tensions, Dubai Index Rises

Most Gulf markets fall as geopolitical tensions persist; Dubai bucks the trend with gains. PC: MarketScreener Stock markets across the Gulf mostly saw declines during early trade on Thursday, as

News

Oct 24, 2024

Dubai’s Aviation Sector Set to Add $53 Billion to GDP by 2030-thumnail

Dubai’s Aviation Sector Set to Add $53 Billion to GDP by 2030

PC: Emirates  The growth in the aviation sector of Dubai will continue to contribute multi-billions of money to the economy of the Emirates. The Emirates, estimated to have reached AED

News

Oct 24, 2024

Blinkit Unveils EMI Facility to Enhance Consumer Experience, Drive Growth-thumnail

Blinkit Unveils EMI Facility to Enhance Consumer Experience, Drive Growth

PC: Finshots In quick commerce, the leading player Blinkit launched the Equated Monthly Instalment (EMI) payment option for its customers. It will allow them to pay orders above ₹2,999 via

News

Oct 24, 2024

GMR Group Raises ₹6,300 Crore Debt Funding from Abu Dhabi Investment Authority-thumnail

GMR Group Raises ₹6,300 Crore Debt Funding from Abu Dhabi Investment Authority

PC: The Economic Times  On Wednesday, GMR Group said it had raised ₹6,300 crore in debt funding from the Abu Dhabi Investment Authority. Proceeds would be utilized in refinancing the

News

Oct 23, 2024

WishNew Wellness Claims $5.65 Million Valuation Following $250,000 in Angel Funding Round Led by Ankit Khnadelwal-thumnail

WishNew Wellness Claims $5.65 Million Valuation Following $250,000 in Angel Funding Round Led by Ankit Khnadelwal

PC: Entrackr  The young wellness brand, WishNew Wellness, launched 2022 by Karan Khurana and Pranshu Singh claimed a valuation of $5.65 million on achieving its latest round of angel funding,

News

Oct 23, 2024

Nasdaq Dubai Welcomes USD 500 Million Sukuk Listing by Dubai Islamic Bank-thumnail

Nasdaq Dubai Welcomes USD 500 Million Sukuk Listing by Dubai Islamic Bank

PC: Emirates Islamic The Sukuk issuance strengthens DIB’s position in global Islamic finance and reinforces Nasdaq Dubai’s role as a hub for Sukuk listings. Nasdaq Dubai has announced the listing

News

Oct 23, 2024

Prypco Raises $10 Million in Seed Funding to Accelerate Growth-thumnail

Prypco Raises $10 Million in Seed Funding to Accelerate Growth

Dubai-based proptech firm Prypco secures investment from Shorooq Partners and Apparel Group, aiming for significant expansion. PC: Zawya The proptech startup, Prypco, working in Dubai, managed to attract $10 million

News

Oct 23, 2024

Moglix Sees Humble 5.5% Revenue Growth in FY24 on Reduced Losses-thumnail

Moglix Sees Humble 5.5% Revenue Growth in FY24 on Reduced Losses

PC: Linqto Moglix, the B2B digital e-commerce platform, reported a modest revenue growth of 5.5 percent in FY24, down from a strong FY23 at 82.6 percent. Even though that slowdown

News

Oct 23, 2024

Zomato Reports 68.5% Revenue Growth in Q2 FY25 Amid Competitive Landscape-thumnail

Zomato Reports 68.5% Revenue Growth in Q2 FY25 Amid Competitive Landscape

PC: The Economic Times  Foodtech and quick commerce leader Zomato has announced a bumper quarter-on-quarter growth at 68.5% in operating revenues at ₹4,799 crore for the second quarter FY25 from

News

Oct 22, 2024

Liferay and PwC Middle East Forge Strategic Partnership to Enhance Digital Experiences in the Region-thumnail

Liferay and PwC Middle East Forge Strategic Partnership to Enhance Digital Experiences in the Region

A collaboration aimed at elevating customer engagement and digital transformation strategies. PC: Zawya Liferay, the global leader in digital experience platform solutions, partners with PwC Middle East, one of the

News

Oct 22, 2024

DriveU Reports 66% Revenue Growth And Reaches Profitability In FY24-thumnail

DriveU Reports 66% Revenue Growth And Reaches Profitability In FY24

PC: Entrackr  DriveU today declared the culmination of fiscal year ending March 2024 with impressive revenue growth of 66 percent. Again, as in the previous year, this revenue growth has

News

Oct 22, 2024

e& UAE Teams Up with ServiceNow and Quintica to Drive AI-Powered Digital Transformation and Revolutionise Operations-thumnail

e& UAE Teams Up with ServiceNow and Quintica to Drive AI-Powered Digital Transformation and Revolutionise Operations

Partnership to modernise technology infrastructure, enhance customer experience, and improve agility. PC: Zawya e& UAE, a telecom industry leader, has announced a significant multi-year technology transformation program with ServiceNow, AI-powered

News

Oct 22, 2024


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