Category Archives: Business & Investments

Tech Mahindra FY26 EBIT rises to ₹7,152 crores, up 39.2% YoY

Declares ₹36 final dividend, taking total to ₹51 – highest ever

Mumbai – April 22nd, 2026: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter and year ended March 31, 2026.

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Dubai SME Partners with noon Food for F&B Growth

  • MoU between Dubai SME and noon Food to enable Emirati-owned F&B businesses to compete and grow sustainably within the digital marketplace
  • Waiving of onboarding fees and tailored commission structure among the support to be provided to Dubai SME members

Dubai, United Arab Emirates – March 21, 2026: The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has partnered with noon Food to drive the growth and competitiveness of Emirati-owned small and medium-sized enterprises (SMEs) in the food and beverage (F&B) sector through a broad range of support mechanisms, including tailored commercial terms and structured digital enablement.

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ALEC Holdings’ 2025 ESG Report: Key Highlights and Achievements

ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth

Dubai, UAE – 22 April 2026 – ALEC Holdings PJSC (“ALEC Holdings” or “ALEC”) today released its 2025 Sustainability & Environmental, Social and Governance (ESG) Report, outlining noteworthy progress across employee safety and welfare, while setting new benchmarks for value-driven operations conduct and reinforcing the company’s governance framework following its public listing.

“ALEC’s approach to ESG is grounded in the understanding that responsible business practices and long-term commercial success are fundamentally linked,” said Barry Lewis, Chief Executive Officer at ALEC Holdings. “As we scale and deliver increasingly complex projects across the region, maintaining the highest standards across our expansive operations is essential to sustaining excellence and building lasting confidence among our clients, partners and shareholders.”

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ALTÉRRA and KKR Boost Climate Transition Investments

ALTÉRRA Commits to KKR’s Global Climate Transition Strategy to Accelerate Investment in Real-Economy Infrastructure

  • Reinforces ALTÉRRA’s strategy to mobilize capital at scale through global partnerships accelerating the climate transition

Abu Dhabi, 21 April 2026 – ALTÉRRA today announced a commitment from its Acceleration Fund to KKR’s Global Climate Transition Strategy, further expanding its portfolio of strategic partnerships through an effort focused on accelerating climate and energy transition investments across North America, Europe, and Asia.

From left to right: His Excellency Majid Al Suwaidi, CEO of ALTÉRRA; Scott Nuttall, Co-Chief Executive Officer of KKR.

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Asyad Group and Ligentia Partnership Boosts Global Supply Chain

Asyad Group and Ligentia Join Forces to Accelerate Global Growth and Enhance Technology-Driven Supply Chain Solutions

Strategic acquisition expands Asyad’s global reach to over 70 locations worldwide, strengthens digital capabilities, and unlocks new opportunities for customers.

Muscat, Oman / London, UK – [21st April 2026] – Asyad Group, a global integrated logistics provider, and Ligentia Group, a premier UK-based tech-enabled supply chain services provider, today announced a strategic transaction that will see Ligentia join Asyad Group. This landmark acquisition marks a significant milestone for both organizations, accelerating their global expansion and reinforcing their commitment to delivering innovative, end-to-end supply chain solutions.

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