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
Dubai luxury assets secure CPIPG financing
Emirates NBD has extended a AED367.3 million loan facility to Luxembourg-based CPI Property Group, giving the European real estate investor funding cover for deferred payments on a portfolio of ultra-luxury residential units in Dubai through 2026 and 2027. The transaction, equivalent
Michael Jordan, CEO of Gem Soft: Establishing Data Sovereignty as the Fundamental Standard for Enterprise Operations
Digital assets now form the foundation of almost every business operation. Michael Jordan, the CEO of Gem Soft, promotes data sovereignty as a necessary element for organizational strength and strategic freedom. He brings over thirty years of experience in investment
Wynn sets September 2027 opening for UAE resort
Wynn Resorts has set September 2027 as the opening date for Wynn Al Marjan Island in Ras Al Khaimah, providing its clearest timetable yet for the UAE’s first licensed integrated gaming resort. The Las Vegas-based company announced the date while reporting
