BusinessLatest Business and Company Updates
Lulu Group Posts Record Profits After IPO Surge
Lulu Group International has reported a remarkable leap in profits for the third quarter, marking a significant milestone in the company’s financial journey following its initial public offering (IPO). The group, known for its retail and wholesale operations across the Middle East and Asia, saw its profit more than double
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Mira Developments Expands into Oman with Major Investment
Tabreed Secures Approval for $2 Billion Non-Convertible Debt Issuance
Dubai-listed National Central Cooling Company PJSC, known as Tabreed, has obtained shareholder approval to issue up to $2 billion in additional non-convertible debt instruments, including bonds or sukuk. The authorization was granted during the company's Annual General Assembly meeting held
Dubai’s Myco Secures $10M in Funding, Eyes Global Growth
Dubai-based Web3 streaming platform Myco has raised $10 million in the first closing of its Series A funding round, pushing its post-money valuation to $80 million. This influx of capital will fuel Myco’s expansion plans and migration to blockchain technology,
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