Read more about the article First Closing of Golden Gate Ventures’ $100 million New MENA fund Achieved
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First Closing of Golden Gate Ventures’ $100 million New MENA fund Achieved

In a significant development, Golden Gate Ventures, a venture capital fund founded by Silicon Valley natives, today announced the first close of its US$100M MENA Fund I, backed by prominent…

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Read more about the article Property Sales of Emaar Group Touched Dh13.5Billion in Q1-2024
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Property Sales of Emaar Group Touched Dh13.5Billion in Q1-2024

In comparison to the same quarter previous year, Emaar's reported revenues of Dh6.7 billion ($1.8 billion) and net profit of Dh4.3 billion ($1.2 billion) increased by 16%. Comparing Q1-2023 to…

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Read more about the article In Q1-2024, Dubai toll-gate company Salik clears Dh304 million Profit before taxes
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In Q1-2024, Dubai toll-gate company Salik clears Dh304 million Profit before taxes

Dubai's toll-gate operator, Salik, reported a robust set of financial results, driven by a sharp rise in the number of registered vehicles on the city's roads. In the first quarter…

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Read more about the article Ramco Systems Launches its Transformative Payroll Platform Ramco Payce to UAE
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Ramco Systems Launches its Transformative Payroll Platform Ramco Payce to UAE

Ramco uses cutting-edge technology to process payroll quickly, easily, and accurately. Ramco Payce, a ground-breaking platform-based payroll software, has been introduced in the United Arab Emirates by Ramco Systems, a…

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Read more about the article Dubai Taxi Co. Reports Strong Revenue Growth in Jan-Mar 2024, with Dh108 million in Profit
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Dubai Taxi Co. Reports Strong Revenue Growth in Jan-Mar 2024, with Dh108 million in Profit

The Dubai Taxi Company had excellent growth in income and profitability for the January to March quarter, with the fleet operator seeing strong gains in passenger contracts. Profit after taxes…

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Read more about the article Fitness Facility PhysioTherabia Begins its Five New Centres in Saudi Arabia
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Fitness Facility PhysioTherabia Begins its Five New Centres in Saudi Arabia

PhysioTherabia expands its collaboration with top insurance companies. Burjeel Holdings has opened five new PhysioTherabia locations in the Kingdom of Saudi Arabia, signifying a major network expansion. The three strategically…

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Read more about the article How AI will Provide Saudi Arabia’s Health Sector Billions of Dollars in Economic Value
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How AI will Provide Saudi Arabia’s Health Sector Billions of Dollars in Economic Value

Artificial intelligence is driving a major revolution in Saudi Arabia's health technology industry, with considerable potential benefits for both operations and the economy. According to a McKinsey & Co. estimate,…

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Read more about the article With $35bn Investment, Al Maktoum International Airport to be the Biggest in the World
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With $35bn Investment, Al Maktoum International Airport to be the Biggest in the World

Sheikh Mohammed bin Rashid Al-Maktoum, the ruler of Dubai, announced on Sunday in a post on X that he has approved a new passenger terminal at Al Maktoum International Airport,…

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Read more about the article The Rise in AI Adoption Driving Major Transformation in Saudi Business Ecosystem
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The Rise in AI Adoption Driving Major Transformation in Saudi Business Ecosystem

In recent years, Saudi Arabia's business landscape has undergone a significant transformation as companies increasingly view artificial intelligence as indispensable for their operations. With the Kingdom hosting prominent technology events…

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