BusinessLatest Business and Company Updates
Mergers Set to Transform UAE’s Small Business Landscape
The UAE's small and medium-sized enterprises (SMEs), which make up over 90% of the country's businesses, are witnessing an influx of transformative mergers and acquisitions (M&A) activity. This surge, prompted by a combination of government initiatives and the rise of digital solutions, is expected to redefine the sector’s growth trajectory.
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Dragon Oil Expands Strategic Ties with Turkmen Government in Oil and Gas Development
Dragon Oil, the Dubai-based oil and gas company, has reinforced its partnership with the Turkmen government, aiming to enhance oil production in the Caspian Sea. A significant meeting between Turkmenistan’s President and Dragon Oil’s Chairman in Ashgabat highlighted this growing
TECOM Group Announces $93M Investment in Dubai’s Innovation Hub Expansion
TECOM Group, a key player in Dubai's commercial real estate sector, has committed $93 million to expand its portfolio by developing Grade A office spaces in the new Phase 3 of the Innovation Hub. This project is part of TECOM’s
Cashfree Payments Secures $53 Million to Drive Global Expansion
Bengaluru-based digital payments firm Cashfree Payments has raised $53 million in a Series C funding round led by South Korean gaming giant Krafton, with participation from existing investor Apis Partners. This investment aims to accelerate Cashfree's product development, market expansion,
