As more and more scripts around the undiscovered world unroll in the Fintech industry, perhaps, none is as thrilling and as meaningful as Sameer Nigam’s journey behind PhonePe. Phonepe was

The major electric vehicle manufacturer Lucid Group was given a significant financial fillip as its biggest shareholder, Saudi Arabia’s Public Investment Fund, announced the potential investment of up to USD

Fourth Partner Energy has just raised a significant $275 million in funding. This is not any investment, but its heavyweight consortium with the International Finance Corporation, Asian Development Bank, and

The May 2024 Monthly Statistical Bulletin released by the Central Bank of the United Arab Emirates reveals that there has been significant growth in total banking transactions and cheque clearances

What could be a shot in the arm for the fintech sector, Chennai-based startup IppoPay on 6 August 2024 successfully closed an undisclosed amount of funding by Mithun Sacheti, founder

In what could be the most formidable expansion move, Dubai-based BHM Capital is eyeing the acquisition of AlWaqan Capital Investment LLC. For this takeover, it would seek an extraordinary increase

Net Profit Decline Despite Revenue Growth Dubai’s Emirates Central Cooling Systems Corporation (Empower) published its financial results for the second quarter of 2024, showing quite a mixed performance. Net profit

The luxury car market in India has been witnessing such a steep surge, driven by increasing millionaires seeking cars that can give much more than just simple movements from one

Takeover Attempt Falls Through Wood Group (WG.) shares plunged 38% to 122.3p on Monday after Sidara unexpectedly pulled out of merger talks. The Dubai-based engineering and consulting company, known formally

In what has been received as positive news, AI startup Groq Inc. hit a key milestone by attaining a valuation of $2.8 billion following its latest funding round. That development

Investment Details and Beneficiaries Oraseya Capital, the venture capital arm of the Dubai Integrated Economic Zones Authority (DIEZ), announced more than $1 million of investment in seven innovative tech startups.

Dubai Chamber of Commerce Highlights GCC Market’s Continued Significance The Dubai Chamber of Commerce, one of the Dubai Chambers, has released its trades statistics for the first half of 2024.