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Plum Insurance Reports 2.5X Revenue Growth and Significant Loss Reduction in FY24-thumnail

Plum Insurance Reports 2.5X Revenue Growth and Significant Loss Reduction in FY24

Plum Insurance, an employee benefits and healthcare platform that has the backing of Tiger Global, has managed to put on quite an impressive show for the fiscal year ending March

News

Dec 7, 2024

Weekly Funding Roundup: Driving Innovation in Tech and Venture Capital (02nd December to 7th December, 2024)-thumnail

Weekly Funding Roundup: Driving Innovation in Tech and Venture Capital (02nd December to 7th December, 2024)

This week, Dubai proved to be a hotbed of innovative technology and startup investments with several key funding announcements. From gametech advancements to blockchain integration and venture capital expansion, UAE-based

News

Dec 7, 2024

Roto Rudra Bags 400 Orders for Solar Pumping Solutions in Australia, South Africa, Chhattisgarh, and Maharashtra-thumnail

Roto Rudra Bags 400 Orders for Solar Pumping Solutions in Australia, South Africa, Chhattisgarh, and Maharashtra

Roto Rudra, one of the prominent players in the renewable energy sector, announced having bagged 400 orders for its solar pumping solutions. This order bagging shows the growing demand for

News

Dec 7, 2024

DIFC Opens 2nd Future Sustainability Summit to Drive Global Transition to Net Zero-thumnail

DIFC Opens 2nd Future Sustainability Summit to Drive Global Transition to Net Zero

Over 3,000 industry leaders, government officials, and sustainability experts have flocked to the 2nd Future Sustainability Summit 2024, hosted by Dubai International Financial Centre (DIFC). The event represents a global

News

Dec 7, 2024

AQUA Properties Unveils AED 477 Million Development in Dubai Sports City  -thumnail

AQUA Properties Unveils AED 477 Million Development in Dubai Sports City  

A New Standard for Urban Living with The Community Sports Arena  AQUA Properties, known for its innovative and sustainable development, recently announced the latest development: The Community Sports Arena. Developed

News

Dec 6, 2024

Wakefit Logs ₹66 Crore EBITDA in FY24; Revenue Growth Happens Alongside Strong Expansion-thumnail

Wakefit Logs ₹66 Crore EBITDA in FY24; Revenue Growth Happens Alongside Strong Expansion

Bengaluru-based home furniture and sleep solutions company Wakefit has delivered a successful fiscal year 2024 (FY24), with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ₹65.9 crore. The positive

News

Dec 6, 2024

Taxis in Dubai Now on ZED, a Home-grown Mobility Revolution Powered by Al Ghurair  -thumnail

Taxis in Dubai Now on ZED, a Home-grown Mobility Revolution Powered by Al Ghurair  

PC: Zawya ZED, Dubai’s innovative and home-grown mobility app, has introduced taxis to its platform, marking a transformative moment in the city’s transportation journey. Developed by Al Ghurair, one of

News

Dec 6, 2024

Dubai South Signs Agreement with BT Holding LLC for New Master Development-thumnail

Dubai South Signs Agreement with BT Holding LLC for New Master Development

The agreement was signed between Dubai South, a major urban development with a focus on aviation, logistics, and real estate, and BT Holding LLC, based in Dubai, to develop a

News

Dec 6, 2024

Orange Health Labs raised $12 million in a funding round led by Amazon Smabhav-thumnail

Orange Health Labs raised $12 million in a funding round led by Amazon Smabhav

PC: Viestories  Orange Health Labs is the latest innovative health care startup that has bagged a funding round worth $12 million led by Amazon Smabhav. This milestone comes at a

News

Dec 6, 2024

MobiKwik to Raise ₹572 Crore in IPO after Significant Valuation Cut-thumnail

MobiKwik to Raise ₹572 Crore in IPO after Significant Valuation Cut

PC: The Economic Times  In recent days, the Gurugram-based fintech company, MobiKwik filed its Red Herring Prospectus with SEBI, under the proposed fresh equity infusion worth ₹572 crore with the

News

Dec 6, 2024

UAE Businesses will have Relief after Insurance Premium Hikes-thumnail

UAE Businesses will have Relief after Insurance Premium Hikes

PC: Gulf News 2024 was a highly challenging year for the insurance sector since claims from the severe April rains in Dubai shot to billions of dirhams. Claims in question

News

Dec 6, 2024

UAE’s Non-Oil Economy Sees Solid Growth in November Amid Rising Orders-thumnail

UAE’s Non-Oil Economy Sees Solid Growth in November Amid Rising Orders

PMI Reflects Robust Expansion Despite Signs of Caution The UAE non-oil economy maintained a strong growth pace in November 2024, with new orders increasing at their fastest rate since August,

News

Dec 6, 2024


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