BusinessLatest Business and Company Updates
TECOM Group’s Profits Surge on Record Revenue Growth
TECOM Group has reported a substantial rise in net profit for the first nine months of 2024, marking a 23% increase year-on-year. The group's net profit reached AED 943 million ($256 million), driven by robust revenue figures that hit AED 1.7 billion, an impressive 10% increase compared to the same
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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
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,
Mira Developments Expands into Oman with Major Investment
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