BusinessLatest Business and Company Updates
Shapoorji Pallonji Unveils Dubai Residential Flagship
Shapoorji Pallonji has inaugurated its maiden international residential project, Imperial Avenue, in Downtown Dubai, solidifying its presence in the competitive global luxury real estate market. The completion of the 45-storey tower, a prominent addition to Dubai’s skyline, signals the formal entry of the 158-year-old construction conglomerate into the high-end overseas
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Swiss Skincare Firm Galderma Hits SFr 2.6bn Stake Sale
Shareholders of the Zurich-listed skincare company Galderma Group AG have secured approximately SFr 2.6 billion through a sale of an 8.4 per cent stake via accelerated book-building, making it the largest secondary share placement since the firm’s IPO. The
HyperMax Ushers in New Grocery Era with Six Stores in Bahrain
Majid Al Futtaim has opened six HyperMax outlets in Bahrain, coupled with an online store offering, as it pushes its grocery retail ambitions further into the Gulf market.The launch delivers a brand positioned on local produce, value pricing and convenience,
VEON Strengthens Kazakhstan Hold with OLX KZ Acquisition
Dubai-headquartered digital operator VEON Ltd. is set to acquire full ownership of classified-ads platform OLX Kazakhstan through its Kazakh subsidiary Beeline Kazakhstan for US$75 million, marking a strategic push into Central Asia’s digital services ecosystem. The deal expands Beeline’s footprint beyond connectivity