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Spinneys Reports Record Revenue and Strong Profit Growth for Nine-Month Period Ending September 2024-thumnail

Spinneys Reports Record Revenue and Strong Profit Growth for Nine-Month Period Ending September 2024

Revenue Increases by 11.4% with Profit Before Tax Growing by 27.1%. Spinneys has come out with its nine-month results until 30th September 2024. It highlighted outstanding performance in revenue metrics

Business

Nov 8, 2024

Aditum Investment Management Limited Confirms the Launch of Two More DIFC Domiciled Funds-thumnail

Aditum Investment Management Limited Confirms the Launch of Two More DIFC Domiciled Funds

Launch of equity and Islamic multi-asset funds strengthens firm’s commitment to the UAE. The Aditum Global Access ICC Ltd platform has added two new funds to its DIFC-domiciled portfolio, launched

Business

Nov 8, 2024

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI-thumnail

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI

Bengaluru-based AI start-up Thesys has raised $4 million in funding led by venture capitalist Together Fund. Eight other venture capital firms have also joined the company as investors. This funding

Business

Nov 7, 2024

Dubai Chamber of Digital Economy Hosts Digital Advocacy Workshop to Address Funding Gaps for Startups-thumnail

Dubai Chamber of Digital Economy Hosts Digital Advocacy Workshop to Address Funding Gaps for Startups

Dubai Chamber of Digital Economy, a division within Dubai Chambers, recently held a successful Digital Advocacy Workshop that focused on tackling the funding and investment challenges faced by digital startups.

Business

Nov 7, 2024

Nexstem Secures $3.5 Million for Further Development of Brain-Computer Interface Technology-thumnail

Nexstem Secures $3.5 Million for Further Development of Brain-Computer Interface Technology

Bengaluru-based deep-tech startup Nexstem recently raised $3.5 million in funding, co-led by prominent investors including InfoEdge, Zupee, Smile Group, and duo Nikhil Kamath and Abhijeet Pai from Gruhas. This funding

Business

Nov 7, 2024

Boldfit Closes ₹110 Crore Round to Develop Products, Enhance Brand Visibility-thumnail

Boldfit Closes ₹110 Crore Round to Develop Products, Enhance Brand Visibility

Boldfit, a direct-to-consumer fitness startup, has brought in ₹110 crore (~ USD 13 million) in a new round of funding led by Bessemer Venture Partners. This significant investment highlights growing

Business

Nov 7, 2024

Dubai Real Estate Market Nears AED 500 Billion in Annual Sales Milestone-thumnail

Dubai Real Estate Market Nears AED 500 Billion in Annual Sales Milestone

Dubai real estate is likely to well surpass AED 500 billion in sales by the end of 2024 after recording a historic October that boosted year-to-date figures. The total sales

Business

Nov 7, 2024

Dubai’s Commercial Office Market Faces Big Rental Surge-thumnail

Dubai’s Commercial Office Market Faces Big Rental Surge

The commercial office market in Dubai continues to “touch the sky” in terms of historic high demand, with rising occupancy and rentals across key business districts. According to global real

Business

Nov 7, 2024

AstroTalk Sees Amazing Growth in FY24, Thanks to Surging Popularity of Astrology-thumnail

AstroTalk Sees Amazing Growth in FY24, Thanks to Surging Popularity of Astrology

Astrology continues to boom in India. The latest digital astrology consultancy platform to rise to the top is AstroTalk. Based out of Noida, this platform has managed to register a

Business

Nov 6, 2024

Lenskart Reports 43% Revenue Growth Amid Rising Costs and Strategic Expansion-thumnail

Lenskart Reports 43% Revenue Growth Amid Rising Costs and Strategic Expansion

The revenue from operations in the fiscal year ending March 2024 has seen an increase of 43 percent, with the overall revenues being a tad slower at 2.5X year-over-year growth

Business

Nov 6, 2024

Lulu Retail Holdings Secures $1.72 Billion in UAE’s Largest IPO of the Year-thumnail

Lulu Retail Holdings Secures $1.72 Billion in UAE’s Largest IPO of the Year

Hypermarket operator Lulu Retail Holdings Plc had successfully raised US$1.72 billion, or RM7.49 billion, from its initial public offering in Abu Dhabi, placing it as the largest listing this year

Business

Nov 6, 2024

Jar Reports 5.6X Revenue Growth Amid Strategic Cost Management-thumnail

Jar Reports 5.6X Revenue Growth Amid Strategic Cost Management

Jar, the Tiger Global-backed gold savings platform, reported its fiscal year that ended March 2024 earnings with a staggering 5.6X growth in operating revenue and a 15 percent reduction in

News

Nov 6, 2024


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