DUBAI: Talabat, the leading on-demand delivery platform in the MENA region, has successfully acquired InstaShop for $32 million, a move that further solidifies its grocery and retail offerings. This acquisition, which was announced on Thursday, enables Talabat to fully integrate InstaShop as a subsidiary and expand its reach across the region. This strategic purchase marks […]
DUBAI: Dubai International Chamber has revealed that 62.7% of the multinational companies (MNCs) it attracted in 2024 originated from Asia, reinforcing Dubai’s position as a global business hub. Latin America and Europe each contributed 11.8%, while the Middle East and Eurasia accounted for 9.7%. Africa and Australia each made up 2% of the total. Key […]
DUBAI: Salik, Dubai’s exclusive toll gate operator, has reported a robust financial performance for 2024, with total revenue reaching AED2.3 billion, reflecting an 8.7% year-on-year (YoY) increase. The company’s latest results highlight steady growth, boosted by the expansion of its toll network. According to the financial statement released on Tuesday, Salik’s EBITDA stood at AED1.6 […]
DUBAI: DP World has set a new automotive record in 2024, handling 1.3 million vehicles across its terminals—a massive 53.6% surge from the previous year. This achievement marks the highest vehicle volume in the company’s history. Jebel Ali Port, DP World’s flagship facility, handled nearly 960,000 units, reinforcing its status as the region’s top automotive […]
ABU DHABI: The fourth edition of Investopia 2025 concluded after two days of discussions, held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. Through its panel discussions and roundtable meetings, this edition set a forward-looking approach focused on key themes, […]
Abu Dhabi: Investopia 2025, the highly anticipated international investment event, opened its doors on Wednesday, bringing together leaders and innovators from around the world. The theme for this year’s edition, “Harnessing MegaForces,” reflects the dynamic nature of global economic forces shaping the future of business and investment. Over the next two days, more than 100 […]
Leading real estate developer with 35 years of legacy and presence in Mumbai and Lisbon, now in UAE with premium residential projects in RAK & Dubai Dubai: Sugee Group, a distinguished real estate developer with over 35 years of expertise, headquartered in Mumbai, has announced its strategic expansion into the UAE with over 15 million […]
Manrre Logistics Fund partnership with GFH will strengthen the future for the Gulf logistics sector. GFH Partners Manrre REIT (CEIC) PLC (“Manrre” or the “Fund”) is a specialized real estate income fund, with focus on investing in industrial and logistics properties in locations with high barriers to entry. Dubai, UAE: The logistics sector in the […]
This strategic investment underscores Wilo’s commitment to sustainability, innovation, and supporting the UAE’s economic vision. Dubai: Wilo, one of the world’s leading premium suppliers of pumps and pump systems, proudly announces the official inauguration of its newly expanded factory in Dubai. The high-profile event, attended by His Excellency Abdullah Bin Touq Al Marri, UAE Minister […]
SHARJAH: The Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF Zone) have earned prestigious recognition at the 2025 Middle East & North Africa Stevie Awards. Saud Salim Al Mazrouei, Director of both free zones, won silver for “Most Innovative Leader of the Year” and bronze for “Innovative Achievement in Thought Leadership.” […]
Nisus Finance positions itself as a transformative force in real estate investment, channelling significant capital into high-potential locations of Dubai, appoints an illustrious advisory Board to accelerate governance and growth. Dubai: Nisus Finance Services Co Ltd. (NiFCO), a leading real estate investment firm headquartered in India and publicly listed since December 2024, has expanded its […]
