Business & Investments

With EBITDA exceeding Dh34.11 million (IN₹842.3million), Nisus Finance delivers strong profitability and sustained growth momentum driven by a disciplined investment strategy and high-quality earnings Press Release Dubai, UAE; February 20, 2026 Nisus Finance Services Co Ltd, a leading alternative investment and urban infrastructure platform, reported a stellar result with a total income of Dh15.68 million (IN₹387 million) for the third quarter and Dh46 million (IN₹1.13 billion) for the first nine months of the of the financial year 2026 delivering strong profitability and sustained … Read more

Third collaboration sells out completely as buyers embrace the marriage of Swiss watchmaking and Dubai waterfront living. UAE, 3rd December, 2025: In a market where luxury has many definitions, London Gate and Franck Muller have found their winning formula and buyers can’t get enough. The complete sell-out of Franck Muller Yachting, their third collaboration valued at … Read more

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority (License No. 08096-37), announced today that it has completed the increase inits paid-up capital from SAR 60 million to SAR 100 million in the second quarter of 2025. This milestone reflects the company’s strong financial position and its long-term commitment to the Saudi market. The increased … Read more

Himel is showcasing its ‘I Love Control’ flagship series at Big 5 Global 2025 in Dubai, introducing game-changing automated industrial power management solutions  Press Release Date: Dubai, UAE; November 25, 2025 Himel, a global pioneer and manufacturer of electrical products and solutions, is strengthening its UAE presence with the launch of “I Love Control” series, its flagship product line featuring smart industrial control and industrial automation solutions for the heating, ventilation, and air conditioning(HVAC) sector. Backed by cutting-edge technology, innovation, and sustainability-driven principles, … Read more

Press Release News Highlights • H1 FY26 consolidated revenue (post acquiring New Consolidated Construction Co. Ltd. / NCCCL in August 2025) of AED 58.97 million, up by approximately 312% from AED 14.20 million in H1 FY25. • H1 FY26 revenue from Nisus’ core operations of AED 31.04 million already exceed full-year FY25 revenue of AED 27.89 million. … Read more

Part of ATARA’s evolving collection of bespoke private residences, the AED 60 million villa marks another milestone, with 10 more homes envisioned across Dubai’s finest communities. ATARA Development, a Dubai-based property developer committed to building homes that combine quality, value and design integrity, has unveiled its latest project Kaia Villa, an AED 60 million, six-bedroom … Read more

In alignment with the UAE’s ambitious vision for economic diversification and digital leadership, ABA Legal, a boutique corporate law consultancy headquartered in Abu Dhabi, UAE, announce their strategic expansion of its corporate advisory and legal services to support the country’s rapidly growing technology and innovation sectors. The expanded service portfolio will target high-growth industries such … Read more

Kpost Courier Co., Kuwait’s trusted logistics partner, today announced a major expansion of its customer support operations to meet the growing needs of its diverse customer base. The company has launched multilingual service lines and extended its support hours, ensuring faster, more personalized, and more accessible assistance for every customer. Under the new initiative, Kpost … Read more

Dubai, 29 September 2025 – ANAX Developments, one of Dubai’s most dynamic luxury developers, has unveiled ELLE Residences, its latest landmark project redefining branded living in the region. Slated for completion by Q3 2027, this stunning project marks a new era of branded residences in the heart of Dubai Islands. Following the success of its … Read more

Featuring bespoke interiors by Venetian Enrico and the exclusive members-only V Club, V-Suites combine elevated design with executive convenience for Dubai’s rising leaders. Dubai, UAE, September 2025: ANAX Developments L.L.C. announced the launch of V-Suites, an exclusive executive residence that redefines elevated living in the heart of Dubai’s prestigious Business Bay. Designed for professionals, entrepreneurs, … Read more

Ras Al Khaimah, UAE; September 11, 2025: Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the completion of infrastructure works at RAK Central, its upcoming mixed-use commercial development in the northern emirate. Along with the appointment of leading Middle East Construction Group, ALEC, as the main contractor for RAK Central … Read more

With a distribution network spread across 40+ countries and significant presence on major online channels, Blue Ocean Global facilitates faster market penetration for regional and international brands Press Release Date: Dubai, UAE, March11, 2025 Blue Ocean Global, one of the largest e-commerce distributors in the UAE and KSA, continues to empower leading brands to make … Read more

Date: Dubai, UAE; February 20, 2025 Western International Group, which operates one of the largest retail networks of 149 retail stores across the GCC under Nesto and Mark & Save branding, has opened its 17th Mark & Save value retail superstore in Ajman, that will cater to a large community and help them save more … Read more

Strategic partnerships and tailored solutions boost the company’s footprint in industries including Hospitality, Healthcare, Education, Financial Services and Telecom Press Release Date: Dubai, UAE, February 04, 2025 Blue Ocean Global is strengthening its supply chain management to manage the Business-to-Business growth as it requires faster delivery of products and services. With a strong focus on … Read more

Arab Bank Group achieved strong results for the financial year ending December 31, 2024, with a recordnet profit of USD 1 billion, reflecting a robust 21% growth in net income after tax, amounting to USD 1,007.1 million compared to USD 829.6 million in 2023. Based on this record performance, the Board of Directors has recommended … Read more

More than 6.5 million UAE consumers now buy most goods online – through various e-commerce platforms – making the country a leader in digital commerce in the Middle East Press Release Date: Dubai, UAE; January 27, 2025 News Highlights: Blue Ocean Global Group, a Dubai-based distributor of electronics, household appliances and consumer goods, has strengthened … Read more

Dubai, United Arab Emirates. 13 January 2025.Intelex Vision, the pioneering company specialising in AI-driven video analytics for real-time surveillance, is pleased to announce it has successfully closed a £5.6m ($7.0m) Series A funding round, backed by Acurio Ventures, Adara Venturesand Inveready, among others. Callum Wilson, co-CEO of Intelex Vision commented: “this strategic investment allows us … Read more

Careem, the Middle East’s leading Everything App, concluded 2024 with remarkable achievements, further cementing its position as a key player in the region’s digital ecosystem. Offering over 20 integrated services, Careem continued to simplify daily life for millions across the Middle East, North Africa, and Pakistan while creating substantial earning opportunities for its Captains. From … Read more

Event fosters business collaborations, cultural exchange, and economic growth between Anji County and the GCC region News Highlights Exporters from the Anji County, part of the Zhejiang province in China, met with scores of UAE-based furniture and home décor traders to discuss business collaboration to increase the export and supply of home and office furniture … Read more

Dubai: Gold prices saw a slight dip in early trading on Thursday but continued to remain on the higher side, reflecting ongoing market volatility and investor sentiment. At 9:00 AM UAE time, the price of 24K gold slipped to Dh322 per gram, a marginal decline from Dh322.25 per gram at Wednesday’s market close. On Wednesday, … Read more

Conares Strengthens ESG Commitment; Aligns with UAE’s Sustainability Drive Dubai; 04th August 2023: Conares, the second largest private steel manufacturer in the UAE, has demonstrated its dedication to Environmental, Social, and Governance (ESG) initiatives by making significant progress. Strengthening its commitment to sustainability, the company has recently appointed three distinguished non-executive directors to its board. This strategic move … Read more

Top CEOs convene on Mediterranean cruise for prestigious awards event Greece & Turkey, August 22-27, 2023: The BURJ CEO Awards & Business Summit is back with a spectacular celebration to be staged on an exclusive luxury Mediterranean cruise. This 6th edition of the prestigious event promises an unforgettable experience for all attendees with an itinerary … Read more