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Tag: Business
Ultrahuman Reports Threefold Growth in FY24 Revenue, Losses Decline by 45%-thumnail

Ultrahuman Reports Threefold Growth in FY24 Revenue, Losses Decline by 45%

Ultrahuman, a top player in health and wellness, reported big earnings for the 2024 fiscal year. Its income jumped to ₹620 crore, three times more than the year before. This

Business

Jan 25, 2025

MedTech Startup Svastek Raises ₹2 Crore in Funding Led by IAN Group-thumnail

MedTech Startup Svastek Raises ₹2 Crore in Funding Led by IAN Group

Svastek, an innovative MedTech startup, is looking to develop high-tech healthcare solutions. It has successfully secured ₹2 crore in a round of funding led by the Indian Angel Network (IAN)

Business

Jan 25, 2025

Weekly Dubai Funding Roundup: Leading Investments (20th January to 25th January, 2025)-thumnail

Weekly Dubai Funding Roundup: Leading Investments (20th January to 25th January, 2025)

Dubai’s tech ecosystem keeps thriving along with its innovative startups as they receive significant investments to actualize their ambitious growth plans. This week saw funding secured by two groundbreaking companies

Business

Jan 25, 2025

ECI and Reem Finance Partner to Boost UAE Businesses via Xport Xponential Program  -thumnail

ECI and Reem Finance Partner to Boost UAE Businesses via Xport Xponential Program  

Collaboration to Enhance Financial Solutions for International Trade and Growth. Etihad Credit Insurance (ECI), the UAE federal export credit agency, has announced the inclusion of Reem Finance from the UAE’s

Business

Jan 23, 2025

PharmEasy Co-founders Resign: A New Beginning for the Firm-thumnail

PharmEasy Co-founders Resign: A New Beginning for the Firm

Significant movement was witnessed within PharmEasy’s leadership, as its three co-founders, namely Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, have stepped away from their management positions. On the other hand,

Business

Jan 22, 2025

Dubai Islamic Bank Increases Stake in Turkey’s T.O.M. Group to 25%  -thumnail

Dubai Islamic Bank Increases Stake in Turkey’s T.O.M. Group to 25%  

Dubai Islamic Bank (DIB), which holds the position of being the largest Shariah-compliant bank in terms of assets, increased its stake in Turkey’s T.O.M. Group of Companies from 20% to

Business

Jan 20, 2025

Emaar in Talks to Sell Stake in Indian Subsidiary  -thumnail

Emaar in Talks to Sell Stake in Indian Subsidiary  

Dubai’s Leading Developer Confirms Potential Deal with Adani Group.  Emaar Properties, currently the biggest property developer in Dubai, has indicated that negotiations are still ongoing with Indian companies involving a

Business

Jan 17, 2025

Amul Case Study: The Dairy Brand That Built a Nation-thumnail

Amul Case Study: The Dairy Brand That Built a Nation

Amul, one of the prominent players in the Gujarat Cooperative Milk Marketing Federation, is an extraordinary success story about the Indian business scenario. It was started in 1946 and, with

Business

Jan 17, 2025

Parkin and ENOC Partner to Revolutionize Automotive Services in Dubai -thumnail

Parkin and ENOC Partner to Revolutionize Automotive Services in Dubai 

MoU Signed to Enhance Customer Convenience Through Integrated Digital Solutions  PC: Dubai Media Office Under a strategic Memorandum of Understanding (MoU), Parkin Company PJSC, the largest paid public parking operator

Business

Jan 16, 2025

Dubai Real Estate Investors Reap Record AED 60 Billion in Profits in 2024  -thumnail

Dubai Real Estate Investors Reap Record AED 60 Billion in Profits in 2024  

Palm Jumeirah Tops Gains as Resale in Market Booms In 2024, fäm Properties listed record profits by the investors in Dubai’s real estate sector, coming from the resale market of

Business

Jan 16, 2025

Adani Group Stocks Surge Following Hindenburg Research Shutdown-thumnail

Adani Group Stocks Surge Following Hindenburg Research Shutdown

Adani Group stocks surged significantly on January 16, 2025, after news broke out that Hindenburg Research was closing down its shop. Investors see this as a boost in the confidence

Business

Jan 16, 2025

Dubai’s Sigma Capital Launches $100 m Fund for Web3 Startups-thumnail

Dubai’s Sigma Capital Launches $100 m Fund for Web3 Startups

Sigma Capital is considered an eminent venture fund in Web3, or otherwise known as a Web3 venture fund, based in the United Arab Emirates. It has recently launched a $100

News

Jan 15, 2025


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