Category Archives: Business & Investments

Business & Investments

Impressive 63% surge in Net Profit on robust top line growth and significant margin improvement

Emirates Integrated Telecommunications Company PJSC
Reports its Q1 2024 Results

Impressive 63% surge in Net Profit on robust top line growth and significant margin improvement

Q1 2024 Key takeaways

  • Outstanding profitability, driven by top-line growth, margin expansion, and operational efficiency improvements
    • Launch of “du Pay” an important step towards diversifying business activities
    • New royalty and corporate tax regime in place
    • Guidance re-affirmed highlighting confidence in executing our strategy
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Business & Investments, Technologies

Dyna.Ai partners with Dubai FinTech Summit

Dyna.Ai partners with Dubai FinTech Summit

  • Dyna.Ai’s participation at the Dubai FinTech Summit marks the company’s global debut.
  • The collaboration reinforces Dubai FinTech Summit commitment to strengthen the global financial ecosystem through innovation and knowledge exchange.

Dubai, 29 April 2024: Dyna.Ai, a leading artificial intelligence technology service company headquartered in Singapore, has joined theDubai FinTech Summit, organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region, as a Powered By sponsor.

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Business & Investments

Malabar Gold & Diamonds Launches its 350th Global Showroom at Naperville, Illinois in the USA

Malabar Gold & Diamonds Launches its 350th Global Showroom at Naperville, Illinois in the USA

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with an annual turnover of USD 6.2 billion and retail presence of 350 showrooms across 13 countries, has just unveiled its 4th showroom in the USA at Naperville, Illinois.

This brings the global jewellery brand’s showroom count globally to 350, with 5 showrooms in North America. Malabar Gold & Diamonds currently has an extensive retail presence across the USA, Canada, the UK, Australia, India, UAE, Qatar, Oman, Bahrain, Kuwait, KSA, Malaysia & Singapore.

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Business & Investments

AIM Congress 2024: 450+ Dialogue Session to be hosted with 330+ Global Partners

AIM Congress 2024: 450+ Dialogue Session to be hosted with 330+ Global Partners

Abu Dhabi, UAE, 28 April, 2024: The AIM Investment Summit 2024 announces the organization of over 450 dialogue sessions, featuring 900 speakers and experts from around the globe, in collaboration with 330+ local, international, and global partners. Twenty-four of these partners serve as supporting sponsors of the main conference, providing participants with insights from experts, best practices, and exploration of ideal investment policies.

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Business & Investments

Response Plus Holding PJSC to distribute AED 20 million dividend to shareholders

Response Plus Holding PJSC to distribute AED 20 million dividend to shareholders

Abu Dhabi, April 28, 2024 – The Board of Directors of Response Plus Holding PJSC (ADX: RPM), the largest pre-hospital care and emergency medical services provider in the UAE and KSA, has announced the distribution of AED 20 million in dividends to shareholders for the fiscal year ending on December 31, 2023.

Dr. Rohil Raghavan, CEO of Response Plus Holding

The announcement was ratified during the Annual General Assembly held on April 26 at the RPM Headquarters. The decision will enable RPM shareholders to receive AED 0.10 per share, with the total amount of dividends constituting 10 per cent of the company’s share capital.

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