Browsing: growth

DMCC Strong Performance in H1-2024 The Dubai Multi Commodities Centre (DMCC) has reported exceptional growth…

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in Dubai, UAE. With a customer-first approach and a goal to deliver best-in-class services to Dubai’s Non-Resident Indian (NRI) population, Bajaj Allianz Life established its first representative office in Dubai in June 2023. This one-year milestone is significant for the Company as it reaffirms its strong commitment towards UAE as a priority geography.

Rijul Sankhla, the co-founder and managing director of Sakshi Resources, shares insights on the company’s…

Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, which corresponds to 1.95 billion AED, in consolidated sales in the Middle East, registering an increase of 3 percent in euros and 6 percent in AED. The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary. 

New Balance is significantly expanding its footprint in the MENA region, driven by a commitment…

Alef Education Holding plc, a leading AI-powered learning solutions provider based in Abu Dhabi, has…

Sharjah’s FDI Office (Invest in Sharjah) has reported significant progress in cementing Sharjah’s position as a premier industrial centre in the region.

Transforming UAE’s Economy: ADNOC’s Ambitious ICV Expansion ADNOC announced a significant boost in local manufacturing…

Saudi Arabia’s banking and finance sectors provided SR 275.576B ($73B) in facilities to SMEs over six years, with a growth of 154%, reaching SR 167.1B ($45B) by 2023, compared to SR 108.519B ($29B) in 2018. Annually, facilities extended increased by 20.3%, reaching SR 46.544B ($12B) by 2023, contrasting with SR 229.032B ($61B) by 2022.

Saudi Arabia’s railway network is experiencing a surge in activity, with both passenger and cargo numbers reaching unprecedented levels in the first quarter of 2024.