The investment reflects shared values of trust, transparency, and innovation between both companies. DUBAI, UNITED ARAB EMIRATES: Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, reinforcing its commitment to supporting the growth of innovative technology companies that are transforming the region’s real estate sector. Stake, one of the Middle East’s […]
Dubai, UAE – White Rock Investment Partners, the global investment firm founded by entrepreneur and investor Chase Ergen, today announced the opening of its new office in the United Arab Emirates. This marks a significant step in the firm’s mission to bridge capital, innovation, and strategic collaboration between the United States and the Middle East. The UAE […]
Sharjah, UAE – Bank of Sharjah announced its financial results for the nine-month period ended 30 September 2025, reporting a net profit of AED 435 million, a 47% increase compared to AED 296 million for the same period last year. On a quarterly basis, net profit rose to AED 166 million in Q3 2025, a 33% […]
Emirates NBD delivered AED 36.7 billion income for the first nine months of 2025 as the Group continues strong growth momentum in both interest income and non-funded income across all countries, segments, and products. Operating profit increased by 10% yoy, fuelled by outstanding loan growth more than offsetting the impact of interest rate cuts. Profit […]
Muscat, Oman: Oman-based KitchenomiKs, the fastest-growing food technology company from Oman, has secured a new funding round led by Jasoor Ventures, bringing its total raised capital to $6.7 million. Founded in 2022, KitchenomiKs has so far delivered over one million meals across Muscat through its central kitchen and satellite network. The company operates 13 proprietary virtual […]
Amazon Now delivers essentials in 15 minutes across UAE neighborhoods via micro fulfillment centers. Prime members get free Amazon Now delivery on orders above AED 25. New 2-hour delivery service covers thousands of products from over 30 categories on Amazon.ae. Amazon today announced the expansion of its fastest delivery service to date, Amazon Now, delivering […]
Madica, a structured investment program for pre-seed African startups, has announced new investments in two AI-powered companies: Anavid and Hypeo AI. Each company has secured up to $200,000 in funding and will join Madica’s 18-month program, which offers a tailored curriculum, hands-on mentorship, executive coaching, and two fully-funded immersion trips to key technology ecosystems, both locally and internationally. […]
Abu Dhabi, UAE: Numou, a subsidiary of ADGM, the international financial centre of Abu Dhabi, has announced the launch of Procurement Financing, a flagship initiative that enables SMEs with government or corporate contracts to seamlessly access funding. The new solution links guaranteed contract demand with accessible financing, bridging government procurement opportunities with lender support via Numou’s […]
Profit before tax rose by 11.3% year-on-year, reaching KD 592.5 million Al-Bahar: We have maintained balanced growth across our banking segments, driven by a resilient operating strategy NBK continues to reinforce its leadership amid a challenging global economic landscape The Shuwaikh Beach Project further strengthens the Bank’s standing as a leading force in social responsibility […]
Net profit up 21% yoy to AED 5.39 billion in Q3’25 Total assets up 14% ytd to AED 1.38 trillion RoTE at 20% is firmly above medium-term guidance Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions today announced a record Group net profit […]