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UAE Banks to Post Robust Lending Growth in 2025 Amid Supportive Policies -thumnail

UAE Banks to Post Robust Lending Growth in 2025 Amid Supportive Policies 

Lending Growth Driven by Easing Monetary Policy   The UAE banking sector is expected to experience significant growth in lending by 2025 on the back of easing monetary policies and supportive

Business

Jan 10, 2025

Supreme Court Stays GST Notices, Providing Relief to Online Gaming Industry-thumnail

Supreme Court Stays GST Notices, Providing Relief to Online Gaming Industry

In a major legal development for the online gaming industry in India, the Supreme Court has stayed the Goods and Services Tax (GST) show-cause notices issued to multiple gaming companies.

News

Jan 10, 2025

Groww Reaches 13 Million Active Users, Solidifying Market Leadership as Zerodha Faces Slowdown-thumnail

Groww Reaches 13 Million Active Users, Solidifying Market Leadership as Zerodha Faces Slowdown

Groww, a fintech unicorn, has crossed 13.16 million active clients as of December 2024, marking a significant milestone in the Indian stockbroking landscape. According to data released by the National

Business

Jan 10, 2025

Dubai-based Samana Developers Expands with New Office in Abu Dhabi  -thumnail

Dubai-based Samana Developers Expands with New Office in Abu Dhabi  

Focus on UAE’s Booming Real Estate Market and Client Demand   Samana Developers, based in Dubai, has opened an office in Abu Dhabi to capitalize on the growing demand for premium

Business

Jan 10, 2025

Practo Reaches ₹3,500 Crore GMV in FY24 and Cuts EBITDA Losses by 82%-thumnail

Practo Reaches ₹3,500 Crore GMV in FY24 and Cuts EBITDA Losses by 82%

Practo, a leading digital healthcare company, has achieved a gross merchandise value (GMV) of ₹3,500 crore for the fiscal year ending March 2024. This achievement marks the company’s robust growth

News

Jan 10, 2025

Innovaccer Raises $275M in Series F Funding Round-thumnail

Innovaccer Raises $275M in Series F Funding Round

Innovaccer Inc., a health AI company headquarterd in both Noida and San Francisco, has raised $275 million in its Series F round of funding, which includes primary and secondary investments.

Business

Jan 10, 2025

Global Hedge Funds and Asset Managers Expand Operations to Dubai  -thumnail

Global Hedge Funds and Asset Managers Expand Operations to Dubai  

Hamilton Lane and Hong Kong-Based Firms Lead the Move to the Middle East  Hamilton Lane Inc., a Pennsylvania-based asset manager with nearly $950 billion under management and supervision, is the

News

Jan 9, 2025

ZāZEN Properties Achieves Unprecedented Success with The Hub Residences in Al Furjan  -thumnail

ZāZEN Properties Achieves Unprecedented Success with The Hub Residences in Al Furjan  

Launch Day Sales Exceed 95%, Reinforcing Dubai’s Real Estate Boom.  ZāZEN Properties, a leading sustainable real estate developer in the UAE, has announced the resounding success of its latest project,

Business

Jan 9, 2025

BluSmart Mobility Raises $50 Million in Series B Funding Round-thumnail

BluSmart Mobility Raises $50 Million in Series B Funding Round

BluSmart Mobility is an innovative EV ride-hailing and charging infrastructure firm that is reportedly raising ₹425 crore or roughly $50 million for its Series B funding round. This is the

Business

Jan 9, 2025

Shuaa Capital Sells Stake in it’s Saudi Hospitality Portfolio for $5.3mln -thumnail

Shuaa Capital Sells Stake in it’s Saudi Hospitality Portfolio for $5.3mln 

Dubai-listed investment bank Shuaa Capital said it has closed the sale of its Saudi hospitality asset portfolio to Saudi-based prominent real estate investor Sumou Holding. The sale is valued at

Business

Jan 9, 2025

Waycool Raises $13 Million Debt from Grand Anicut-thumnail

Waycool Raises $13 Million Debt from Grand Anicut

Waycool, a major player in the B2B food and agritech market, has also announced its plans to raise ₹110 crore in debt from Grand Anicut. That is the second round

Business

Jan 9, 2025

PhonePe and Google Pay Dominate UPI Transactions in December as Paytm Faces Challenges-thumnail

PhonePe and Google Pay Dominate UPI Transactions in December as Paytm Faces Challenges

The Indian UPI landscape has recorded some great improvements in December 2024, with both PhonePe and Google Pay consolidating their stronghold on the country’s transaction volumes. According to recently released

Business

Jan 8, 2025


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