The job market in the Gulf region has experienced a significant transformation in the wake of recent conflicts, presenting an unprecedented array of employment opportunities for Indian workers. This shift is largely a result of the need for reconstruction and the accelerated diversification of the economies in the region. With nations such as the UAE,...

Abu Dhabi’s International Holding Company (IHC) has reported an impressive surge in profits for the second quarter of this year, achieving a remarkable 200% increase to reach $3.5 billion. This dramatic rise highlights the company’s robust financial performance and reflects the overall growth trajectory of the UAE’s economy. The significant rise in IHC’s revenues can...

The IIJS Bharat Premiere 2026 has officially launched at the Jio World Convention Centre in Mumbai, marking a significant milestone for India’s gem and jewellery industry. This year’s event is set against a backdrop of unprecedented trade opportunities fueled by a series of new free trade agreements (FTAs) between India and key markets, including the...

The Dubai Multi Commodities Centre (DMCC) has recently announced a notable 9% increase in the number of Indian companies operating within its jurisdiction over the past year. This expansion has seen the total Indian business community within DMCC grow to over 4,080 companies, bolstered by the addition of more than 330 new enterprises in the...

Satish Sanpal, a prominent entrepreneur featured by Netflix, is currently in the spotlight regarding allegations that UAE authorities have frozen his assets. In a public statement, Sanpal refuted these claims, asserting that there has been no formal action from any regulatory or enforcement body in the UAE regarding his financial holdings. This situation comes at...

The Arab Monetary Fund (AMF) has officially partnered with Nirvana Travel & Tourism, a subsidiary of NG9 Holding, through a recently signed Memorandum of Understanding (MoU). This strategic collaboration aims to broaden the advantages offered by the Mazaya program, specifically targeting employees of the AMF and their families. This initiative marks a significant milestone in...

Moove, a prominent player in the global mobility sector, has successfully raised $250 million in its Series C funding round, achieving a notable valuation of $2.1 billion. This investment marks a significant milestone for the company, which specializes in creating robust operating frameworks for autonomous mobility. With this new capital, Moove aims to enhance its...

The non-oil private sector in the UAE has recorded its most robust expansion in four months this July, driven by a resurgence in customer demand, enhanced export activity, and improved regional trade dynamics. The S&P Global UAE Purchasing Managers’ Index (PMI) has risen to 52.7 from a previous reading of 50.8 in June, indicating a...

Adnoc Distribution, the leading fuel and convenience retailer based in Abu Dhabi, has declared a substantial dividend of $175 million for the second quarter of this year. This announcement is a reflection of the company’s significant revenue growth, marked by an increase in fuel sales and an ongoing expansion of its retail network. The decision...