BusinessLatest Business and Company Updates
du Posts Strong Q3 2025 Growth
Dubai-based Emirates Integrated Telecommunications Company PJSC announced that its third-quarter results delivered a 7.9 per cent year-on-year jump in revenues to AED 3.87 billion, underpinned by growth in mobile, fixed and ICT businesses. The company reported an EBITDA of AED 1.85 billion, which equated to a margin of 47.8
Region
Spinneys Embarks on Southeast Asia with Philippine Tie-up
A joint venture between UAE grocer Spinneys and Philippines conglomerate Ayala Corporation aims to introduce premium supermarkets across the archipelago, with the first outlet slated for the fourth quarter of 2026. Ayala will control 60 per cent of the venture,
Botim Money teams with Mastercard for remittances
Botim Money, the financial services arm of the messaging platform botim, said on Tuesday it has entered a partnership with Mastercard to widen the reach of its international money transfer services, enabling users to send funds from the United Arab
Dubai drivers face wider mobility charges
Dubai motorists will pay more to use toll gates and public parking from June 1, with Salik and Parkin applying 5 per cent value-added tax to their services under the UAE’s federal tax framework.The change will add VAT to Salik
