Category Archives: Business & Investments

Business & Investments

Elevate Financial Services: Redefining Wealth Management in the UAE

Elevate Financial Services Launches in the UAE to Champion Unconventional Investing for Modern Markets

Founded by industry veteran Madhur Kakkar, the SCA-regulated firm introduces a tactical, liquidity-focused Investment services l for mass-affluent investors across the UAE and Oman

Dubai, UAE, 24th March, 2026: Investors in today’s fast-moving markets face rigid wealth management models, limited access to tactical strategies, and a lack of transparency. These are barriers that often prevent them from capturing opportunities or preserving capital effectively. Elevate Financial Services LLC has launched in the UAE to help overcome these challenges, offering an unconventional, liquidity-focused approach designed for mass-affluent investors seeking institutional-grade strategies through a platform-agnostic, unbiased structure.

Madhur Kakkar, Founder & CEO, Elevate Financial Services

Founded by Madhur Kakkar, a financial services leader with more than two decades of experience across global banking and regional brokerage institutions, Elevate aims to redefine how investors approach wealth creation in current day fast-moving markets.

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Business & Investments

QBurst Deepens Middle East Commitment, Appoints Shivkumar Subramaniam To Lead From Dubai

Dubai, UAE, March 2026: QBurst, a design-led digital engineering company powered by High AI-Q™, has appointed Shivkumar Subramaniam as Regional Head, Middle East, based in Dubai, UAE.  The appointment underscores QBurst’s strategic commitment to building a locally-rooted presence in the Middle East and strengthening its ability to serve enterprises and governments across the region.  

Shivkumar Subramaniam, QBurst

The Middle East represents one of the most significant growth opportunities in the global technology services market. According to Deloitte & MBZUAI, State of AI in the Middle East 2025 report, over 80% of organizations in the region feel intense pressure to adopt AI, yet nearly half lack the talent and technology capabilities to scale it successfully, and a third report no returns from their AI initiatives. Closing that gap between AI adoption and AI value is the opportunity QBurst is positioned to capture.

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Business & Investments

Hotpack honors outstanding talent and innovation at ‘CEO Excellence Awards 2026’

Dubai, UAE – March 23, 2025: Hotpack, the UAE-based leader in sustainable packaging solutions, hosted its annual ‘CEO Excellence Awards 2026’ recently in Dubai, in recognition of the outstanding contribution of individual employees, teams and projects across the operations of the company.

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Business & Investments

Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025

  • In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024
  • More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion
  • Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry
  • Wio’s robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy
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Business & Investments

20 new showrooms in 20 days; Malabar Gold & Diamonds Announces Major Expansion with USD 172 Million Investment

Set to create 725 jobs across emerging and high-growth markets, strengthening Malabar’s leadership in jewellery retail

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally has announced a major retail expansion with the launch of 20 new showrooms in just 20 days, marking one of the fastest showroom rollout initiatives in the Indian jewellery sector. The latest expansion drive will take the total global showroom count to 445 showrooms across 14 countries, with presence in 22 states and Union Territories across India further reinforcing its position as one of the most trusted and expansive jewellery retail chains in the world.

The expansion entails a total investment of USD 172 Million and is expected to generate over 725 employment opportunities, underlining the group’s continued commitment to India’s economic growth, job creation, and retail sector development.

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