Lulu Retail Reports $1.86 Billion Q3 Revenue Following Landmark IPO
Lulu Retail, a leading regional retailer, announced a $1.86 billion revenue for the third quarter of 2024, marking a 6.1%…
Tag: Business
Commercial Bank Honored at Mastercard Forum for Excellence in Card Portfolio Performance
Commercial Bank, a leader in Qatar’s banking sector, has received a prestigious accolade at the Mastercard East Arabia Business Forum…
UAE-Based Firm Peec Mobility Invests $12 Million in Electric Vehicle Conversions
Peec Mobility, a UAE-based company specializing in converting gasoline-powered vehicles into electric ones, has announced a $12 million investment to…
Natural Gas Key to Cutting Emissions and Supporting Global Energy Transition, Says Crescent Petroleum CEO
Investing $2 trillion to convert coal power plants to natural gas could reduce global carbon emissions by 15%, according to…
Malaysia Launches Mihas@Dubai 2024, Eyes RM1 Billion in Halal Trade Sales
Malaysia has set an ambitious target of achieving RM1 billion (Dh819.7 million) in sales through Mihas@Dubai 2024, the international edition…
Masdar and Socar Green Secure Financing for Landmark Solar Projects in Azerbaijan
Masdar, the UAE’s renewable energy leader, and Socar Green, a subsidiary of Azerbaijan’s state energy company Socar, have achieved financial…
UAE and Saudi Arabia Grocery Markets Set for Major Growth Amid Rising Competition
The grocery retail markets in the UAE and Saudi Arabia are poised for significant expansion, with a new study by…
Super Typhoon Man-yi Threatens Philippines With Catastrophic Impact
Super Typhoon Man-yi intensified on Saturday as it barreled toward the Philippines, prompting warnings of potentially catastrophic impacts from the…
Qatar Islamic Bank Teams Up with Aman Hospital for World Diabetes Day Initiative
Qatar Islamic Bank (QIB), the nation’s leading digital bank, partnered with Aman Hospital to mark World Diabetes Day with a…
Gold Struggles Amid Stronger US Dollar and Rate Cut Expectations
Gold prices saw a slight uptick on Friday but are on track to post their worst weekly performance in over…