Category Archives: Business & Investments

Hisense Leads Global TV Shipments in 2025 Across 100-Inch+ and Laser TVs

Dubai, UAE March 4, 2026 – Hisense, a leading brand in global consumer electronics and home appliances, has reaffirmed its leadership in the global large-screen TV market. According to Omdia’s full-year 2025 global shipment data, Hisense ranked No. 1 worldwide in the 100-inch-and-above TV segment for three consecutive years (2023–2025) and maintained its No. 1 position in the global Laser TV category in 2025, marking seven consecutive years of worldwide leadership.

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ICICI Prudential Asset Management Company Limited Inaugurates it’s DIFC Branch

Expands Global Footprint to Connect with Global Investors

Dubai, February 28, 2026: ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC), one of India’s largest asset management company, today inaugurated its branch in Dubai International Financial Centre (‘DIFC’), marking a significant step in its overseas expansion strategy and reinforcing its commitment to serving institutional and wealth investors across the Gulf Cooperation Council (GCC)and Africa region.

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DDS collaborates with Thrifty and Dollar to transform the UAE ‘s auto rental with paperless collections

Partnership marks major modernisation in vehicle leasing through digitised authorisation

Vivek Harikrishnan- Head of Product & COO -Direct Debit System, Rahul Singh -Managing Director – Thrifty-Dollar Car Rental Group, Benny Thomas -Group CFO – Thrifty-Dollar Car Rental Group

Direct Debit System (DDS), the UAE Central Bank–licensed fintech platform for automated collections, today announced its partnership with Thrifty Car Rental and Dollar Car Rental, to enable remote mandate authorisation, paperless transactions, and faster reconciliation across their nationwide leasing portfolio. With operations spanning all seven emirates and a strong focus on personal, fleet and commercial vehicle leasing, Thrifty and Dollar are two of the largest automobile rental and leasing companies in the UAE. The collaboration with DDS marks a major transformation in the auto rental market.

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Emirates NBD provides green facility to Arabian Gulf Steel Industries

Financing to support the UAE-based steelmaker’s expansion in low-carbon steel production

Dubai, UAE, 26 February 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI). This financing will support the expansion of low-carbon steel production by AGSI, a leading private sector steel manufacturer and recycler in the UAE, noted for its low-emission production technology.

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AD Ports Group Marks Groundbreaking of Strategic LPG Storage Terminal at Khalifa Port in Partnership with Nimex Terminals

Abu Dhabi, UAE – 24 February 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions; and Nimex Terminals today marked the groundbreaking of the UAE’s first private-sector Liquified Petroleum Gas (LPG) terminal hub at Khalifa Port, reinforcing the nation’s position as a global energy logistics and trading hub.

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