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Category: Business
Octopus Home Maintenance has officially expanded its operations into Dubai, targeting the home maintenance sector with a focus on air and water care. The company is set to operate across 20 key areas in the city, offering specialized services like AC repair, duct cleaning, and water tank sanitation. These services are increasingly vital in Dubai...
Future Vision for Health Training, a Saudi healthcare education firm, is preparing to launch an initial public offering (IPO) with plans to float two million shares. This IPO will represent 20% of the company’s total share capital and is scheduled to take place on Saudi Arabia’s Parallel Market, NOMU. The share sale is set to...
INDEX Conferences & Exhibitions, the organizer of AEEDC Dubai and Dubai Derma, has enhanced its presence in Central Asia by signing two important collaboration agreements. These agreements were made with the organizers of CADEX (Central Asia Dental Expo) and Cosmoderm, which is part of Beauty Expo Central Asia. The oral care market in Central Asia...
PDS Multinational FZCO, a wholly-owned step-down subsidiary of PDS, has announced the incorporation of a new entity named Tritron Fashion FZCO in the United Arab Emirates (UAE). This notification was made to the Company’s officer on March 6, 2025, and the new subsidiary became effective on March 3, 2025. The establishment of Tritron Fashion FZCO...
UAE-based wealth management firm Capital Haus has made a significant investment by acquiring an 11.6% stake in Equity Story, a financial media and investment advisory firm that is listed on the Australian Securities Exchange (ASX). The acquisition involves 19 230 770 shares purchased at a price of 2.6 Australian cents per share, which will be...
The Dubai World Trade Centre (DWTC) has partnered with Informa Group to create a pioneering global entity in Exhibitions and Event Management. This strategic collaboration will operate primarily from the Middle East, South Asia, and Africa regions. The new company, named Informa International, is expected to be fully operational by the fourth quarter of 2025...
UAE-based delivery service talabat has finalized its acquisition of the grocery platform Instashop from its German parent company, Delivery Hero, for $32 million. This strategic move aims to enhance talabat’s grocery and retail portfolio across the Emirates and Egypt. The sale, first announced in September 2024, was funded entirely through talabat’s internal cash reserves. With...
The MENA region experienced a significant increase in merger and acquisition (M&A) activity in 2024, with a total of 701 deals valued at $92.3 billion. This marks a 3% rise in deal count compared to 679 deals in 2023, while the total deal value has increased by 7% from the previous year. The Gulf Cooperation...
Saudi Aramco, the world’s largest energy company, is contemplating a potential bid for lubricant assets being sold by BP Plc. This move aligns with the Middle Eastern company’s strategy to enhance its presence in oil-consuming countries, according to sources familiar with the matter. Aramco is evaluating whether to bid for part or all of the...
Emirates, the world’s largest international airline, has expanded its partnership with Expedia Group, a leading online travel platform. This expansion involves the full integration of Emirates’ New Distribution Capability (NDC) API with Expedia Group’s brands. This direct connection will enable Emirates to offer its entire range of fare products and services to Expedia Group’s global...