Category Archives: Business & Investments

Business & Investments

UAE Savings Growth: National Bonds Reports 20 Years of Success

According to its 2025 Financial Results

UAE Economic Resilience Drives Record Savings Growth

National Bonds Marks 20 Years of Enduring Stability and Trust, Delivering up to 4.45% Returns to Customers in 2025

  • Bondholders’ funds surpassed AED 18 billion, up 14% year-on-year
  • Surpasses One Million Bondholders, Marking a New Chapter in the UAE Savings Journey
  • Regular savers increased by 37%, reflecting a growing community of disciplined savers
  • Corporate solutions grew by 28%, signalling strong institutional confidence
  • Digital savings surged by 72%, driven by innovation and accessibility
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Business & Investments

Tech Mahindra & ParkourSC: AI-Driven Supply Chain Solutions

Tech Mahindra and ParkourSC Partner to Deliver AI-Powered Digital Supply Chain Solutions for Global Enterprises

Pune – March 31st,  2026: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with ParkourSC, the leading provider of AI-native Decision Intelligence solutions, to deliver advanced digital supply chain capabilities for enterprises globally. The partnership aims to enhance resilience and agility through AI-driven solutions that provide greater visibility and proactive decision-making across supply chains, particularly in the pharmaceutical and cold chain logistics sectors.

Narasimham RV, President – Engineering Services, Tech Mahindra

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Beauty, Business & Investments

Cosmoprof 2026: Middle East’s Impact on $826 Billion Beauty Market

Global Beauty Market Set to Surpass $826 Billion by 2029, Spotlighting the Middle East’s Growing Influence at Cosmoprof Worldwide Bologna 2026

Skincare, fragrance, and innovation drive sustained growth, as regional markets reshape global beauty direction

Dubai, United Arab Emirates – March 31, 2026: Cosmoprof Worldwide Bologna 2026, which concluded this weekend, brought together the global beauty industry at a pivotal moment of growth and transformation. Insights shared during the event, based on Euromonitor International data, indicate that the global beauty and personal care market is set to exceed $826 billion by 2029, growing at an average annual rate of approximately 7%.

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Business & Investments

2PointZero Group Invests in WHOOP Series G Financing

  • 2PointZero Group invests in the Series G preferred equity financing of WHOOP.
  • This investment strengthens 2PointZero Group’s consumer footprint by adding WHOOP, a fast-growing, category-defining health and wellness technology platform with a global member base and a subscription-first model, complementing the wellness vertical.

ABU DHABI, UAE; 31 March 2026: 2PointZero Group (ADX: 2POINTZERO), a next-generation investment powerhouse focused on energy and consumer sectors, today announced its investment in the Series G preferred equity financing of Whoop, Inc. (“WHOOP”), one of the leading consumer health and wellness technology platforms. The round was led by Collaborative Fund, with 2PointZero Group participating alongside other investors.

Founded in 2012 and headquartered in Boston, WHOOP has established itself as the platform of choice for health-conscious consumers, athletes, and enterprise wellness programmes worldwide. The WHOOP subscription-based model delivers continuous health monitoring, personalised coaching, and actionable wellness insights to a global membership spanning over 200 countries and territories.

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Business & Investments

du holds Annual General Assembly meeting and approves a total cash dividend of AED 2.9 billion for 2025

Dubai, UAE, March 31, 2026: du, the leading telecom and digital services provider, held its Annual General Assembly Meeting at its headquarters in Dubai Hills Business Park 2, Dubai. At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividend of AED 1.8 billion for the second half of 2025.

This brings the total cash dividends for 2025 to AED 2.9 billion. With a dividend of AED 40 fils per share for the second half of the year, du’s total cash dividend for 2025 reaches AED 64 fils per share, marking a new benchmark in the company’s dividend distribution and reflecting its strong growth and outstanding performance. Shareholders also allected Mr. Matar AlBlooshi as a new board member.

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