Dubai, April 16, 2025: Today, PeopleStrong, a leading regional human capital management (“HCM”) SaaS provider, announced that the Private Equity business within Goldman Sachs Alternatives has acquired a majority stake in the company. This acquisition underscores the company’s ambitious growth strategy in the Gulf Cooperation Council (‘GCC”) region, with a particular focus on key markets such as UAE and Saudi Arabia. The expansion aligns closely with national priorities around Emiratisation, Saudization and the broader push for workforce digital transformation across the region.
Continue reading PeopleStrong accelerates GCC expansion following majority stake investment from Goldman Sachs alternativesCategory Archives: Business & Investments
Dubai Chambers explores ways to strengthen economic relations during meeting with Prime Minister of the Republic of North Macedonia
Dubai Chambers discusses promising investment opportunities
Dubai Chambers explores ways to strengthen economic relations during meeting with Prime Minister of the Republic of North Macedonia
- H.E. Al Mansoori: “This visit marks an important step forward in our shared ambition to enhance economic cooperation and unlock new opportunities for the business communities in both markets.”
- Non-oil trade between Dubai and North Macedonia reached a value of US$ 52.2 million during 2024.
- The meeting focused on strengthening collaboration, supporting business expansion, and boosting bilateral trade and investments.
LAZARD MARKS STRATEGIC EXPANSION INTO THE UAE
REINFORCING ITS FINANCIAL ADVISORY BASE IN MENA
UAE, ABU DHABI, 15 April 2025 : Lazard, Inc. (NYSE: LAZ) announced today its stratetrategic expansion into the United Arab Emirates, establishing Abu Dhabi as the financial advisory main office for the country, subject to regulatory approval. The establishment of this office reflects the role of Abu Dhabi as a leading business and financial center globally and underscores Lazard’s commitment to deepening its presence in MENA and serving as a trusted advisor to clients across the region.
PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa
Dubai, United Arab Emirates, April 15, 2025 – PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting banks, mobile wallets, and financial institutions.
Continue reading PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa
Rising above the competition: Strategies for standing out in Dubai’s market
Dubai continues to attract global investment and talent, cementing its role as a competitive business hub. As of April 2025, the city’s population has reached 3.9 million—a 5.87% growth in just one year. Dubai also welcomed 1,650 foreign direct investment (FDI) projects in 2024, marking a 39% increase from the previous year.
This growth highlights Dubai’s strategic appeal while presenting businesses with a key challenge: maintaining visibility and relevance in an increasingly crowded market. With over 300,000 active companies in Dubai, competition for consumer attention has never been more intense.
Continue reading Rising above the competition: Strategies for standing out in Dubai’s market
UAE News 24/7 