Hedonova raises $18.4m from UAE Chemie-Tech DMCC in a Series A1 funding round The fund valued at $330m is expected to diversify the fund’s equipment finance portfolio Hedonova, a leading…
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ADIB net profit up 61% at Dh2.3 billion in H1 2023
by Amjad Ahmadby Amjad AhmadADIB net profit up 61% at Dh2.3 billion in H1 2023 Customer deposits rose 31 per cent at Dh150 billion during the period Dubai: Abu Dhabi Islamic Bank reported a…
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SOMANY Ceramics’s VC Shield Tiles Awarded Superbrands Status
by Amjad Ahmadby Amjad AhmadSOMANY Ceramics’s VC Shield Tiles Awarded Superbrands Status SOMANY Ceramics, a leading name in the tiles and ceramics industry, has been awarded with Superbrands status 2023-24 for its VC-Shield Tiles.…
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Energy Recovery Awarded Nearly $17 Million in Desalination Contracts in the Gulf Region
by Amjad Ahmadby Amjad AhmadEnergy Recovery Awarded Nearly $17 Million in Desalination Contracts in the Gulf Region Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling nearly $17 million to supply PX®…
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How Dubai is helping family businesses unlock their full potential
by Amjad Ahmadby Amjad AhmadHow Dubai is helping family businesses unlock their full potential Series of initiatives to help family businesses navigate the changing global economy Family businesses in Dubai, which generate over 40…
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As Dubai property market nears peak, ready homes get buyers’ full attention
by Amjad Ahmadby Amjad AhmadAs Dubai property market nears peak, ready homes get buyers’ full attention Sellers with ready homes are asking for more – and getting what they demand Dubai: Apartment owners in…
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How Standard Chartered is bridging continents and connecting markets
by Amjad Ahmadby Amjad AhmadHow Standard Chartered is bridging continents and connecting markets Leveraging the global network and tech innovations to firm up financial integration In a world that grows increasingly interconnected, the UAE…
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Business services, construction sectors are new frontrunners in Emirati hiring, say recruiters
by Amjad Ahmadby Amjad AhmadBusiness services, construction sectors are new frontrunners in Emirati hiring, say recruiters UAE companies are now racing against time to meet Emiratisation targets Dubai: Business services, construction, and commerce and…
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Dubai: Where Global Events and Business Converge Successfully in Style
by Amjad Ahmadby Amjad AhmadDubai: Where Global Events and Business Converge Successfully in Style Why Dubai, having established itself as a business, financial and tourism hub, is also an attractive global hub for events…
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US to send more warships to Gulf to tackle Iran’s efforts to seize ships
by Amjad Ahmadby Amjad AhmadUS to send more warships to Gulf to tackle Iran’s efforts to seize ships The deployment comes on the heels of decisions in recent weeks to send the USS Thomas…

