Sheikh Mana, known for his accomplished career in both academic and military fields, is expected to strengthen BSA’s leadership in the market
Business
Latest in Business
Pakistan
Pakistan fintech PostEx to disrupt e-commerce sector in Saudi Arabia, UAE with upfront payment solutions to merchants
Company founder Khan says while there are existing players in both markets, their hybrid solution will make it unique in both Saudi Arabia and the UAE
Cartona
Egypt-based B2B platform Cartona raises $8.1 mn in funding
The latest fundraising includes $2.5 million in debt capital from leading debt providers such as Camel Ventures and GlobalCorp
Business forum
Sharjah Chambers’ trade mission to India holds bilateral business forum meet in Chennai
The trade mission will hold a similar bilateral business forum meet in Mumbai during its current visit
Automotive
Dubizzle Group boosts automotive offering with Drive Arabia acquisition
Dubizzle Group’s immediate plans for the brand include injecting significant investment into the platform, the CEO says
Business
UAE: Apex Investment PSC reports 625 percent net profit surge in Q1 2024
Apex CEO stated strong results were from the company’s focus on transformation and optimisation in 2023
Dubai
Dubai SME announces new support for businesses affected during heavy rains
Dubai SME members who own small and medium-sized enterprises (SMEs) will have access to financial assistance in the form of interest-free loans
Dubai
E7 Group shareholders approve 1:10 split of shares
Issued at a face value of AED2.5 at the time of the IPO, the company expects its decision will increase the liquidity of shares in the market
Roasters Specialty Coffee House
Dubai’s Roasters to embark on massive UAE, Middle East specialty coffee expansion
The celebrated coffee chain is also poised to lead the way into the future of coffee in Dubai and beyond, with each of its new outlets scripted to offer a distinct ambiance and menu
Dubai
New sector expansion figure as top priority for next-gen of Dubai’s family businesses: Survey
Need for business development and the adoption of new technologies figured second and third in terms of priorities
Dubai
Revealed: Exclusive European and Swiss clubs for the ultra rich flocking to Dubai amidst swelling millionaires club
Legendary Swiss private banks are also upping their games with plans to double and triple their employee strength amidst the Gulf country emerges as the most preferred destination for the global rich
Elon Musk
Elon Musk’s Tesla likely to seek JV with Reliance for India EV manufacturing: Report
Tesla has reportedly earmarked $2 billion for its India plans
Abu Dhabi Department of Economic Development
Abu Dhabi manufacturing investment hits $105bn
Abu Dhabi is looking to grow industrial and manufacturing sectors and seems massive increase in activity
Crystalbrook Superyacht Marina
The Maverick
Ghassan Aboud, founder of the Ghassan Aboud Group, breaks down his journey from reporter to business titan, while showcasing the power of vision and disruptive entrepreneurship
c-suite executives
Revealed: Middle East CEOs are youngest globally
Middle East also has the highest share of CEOs with cross-border experience globally
Corporate tax
UAE tax rule change 2023: All you need to know
All you need to know about the new UAE tax set to come into force this year
Corporate tax
UAE, GCC countries transition to new corporate tax regime, experts call for regulatory overhaul
They also cautioned the regional regulators to be ahead in the game to stop fraudsters and mal-practitioners in the sector in their tracks