Category Archives: Featured

MCG Talent unveils their Creative in 2024: Trends, Technology & Talent, Middle East Report

Dubai, July 31,2024

MCG Talent is a leading recruitment agency with over 14 years of experience in the Middle East and Asia’s creative, marketing, communications and digital sectors. Utilising their network of relationships within the creative industry, ten creative experts were interviewed, and their insights were used to create a written report: Creative in 2024: Trends, Technology & Talent, Middle East.

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RAKBANK’s H1 2024 Financial Results Unveiled

Income, Profit & Balance sheet growth continues into 2024 as the Bank’s strategy embeds further. Record Net Profit before tax of AED 1.2B up 33% YoY

Ras Al Khaimah, United Arab Emirates, July 29, 2024 – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the first Halfof 2024.

HighlightsTotal Income AED 2.3B +8.7% YoYTotal Assets AED 80.4B +11.9% YoYDeposits AED 58.5B
+19.4%
YoY
Return on Equity
20.4%
YTD
Return on Assets 2.9%  YTD

Key Financial Highlights – H1 2024

RAKBANK delivers record net profit after tax of AED 1.1B, growth of 21% YoY, driven by diversified growth in balance sheet, continued sales momentum and strong credit quality.

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Multiply Group registered AED 439 million in EBITDA excluding fair value changes in Q2 2024

Multiply Group registered AED 439 million in EBITDA excluding fair value changes in Q2 2024, a 33% increase YoY, with 60% Revenue Growth across its operating portfolio

ABU DHABI, 29 July 2024 – Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based holding company that invests in and operates businesses globally, today reports its Q2 2024 results with a net profit excluding fair value changes of AED 319 million, representing 49% growth compared to the same period last year (AED 214 million Q2 2023). Robust underlying profit growth was largely led by the consolidation of new acquisitions as we deliver on our vertical building strategy. Reported net profit of AED 992 million includes AED 673 million unrealized fair value gains from the public investment portfolio.

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Gilani Mobility introduces a unique solution for vehicle wheelchair access in for People of Determination in the Middle East.

The G24 provides maximum accessibility and ease of use Its versatile design allows effortless operation in any location The G24 is fully designed and manufactured in Gilani Mobility’s factory in Dubai The G24 will be showcased at the 6th Access Abilities Expo in Dubai in October 2024

Dubai, United Arab Emirates, July 29, 2024: Gilani Mobility, a Dubai-based company specializing in manufacturing and marketing high-quality mobility aids and products for People of Determination across the Middle East region, has launched the G24, a unique vehicle wheelchair access solution that “re-invents” the way People of Determination travel.
It was launch in the Middle Eastern market, home to over 50 million People with Disabilities, comes ahead of its introduction at the 6th edition of the AccessAbilities Expo (AAE-2024) to be held from the 7th to 9th October at the Dubai World Trade Centre (DWTC). The company has participated as a platinum sponsor at the 5th AAE in 2023 and will be participating for the third time at the Middle East region’s largest B2C accessibility platform for people with all types of disabilities.

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Save Your Feet, Skip the Heat, and Hit the Road to Explore the UAE with Careem This Summer

Save Your Feet, Skip the Heat, and Hit the Road to Explore the UAE with Careem This Summer

Summer in the region can be scorching, and we’re right in the thick of it. But that’s not to say you have to miss out on a number of attractions – particularly those indoors – that the emirates have to offer. With Careem Rides’ reliable, convenient, and stress-free commuting, you can explore the UAE’s ‘must see’ and hidden gems without the hassle of driving, parking, or even needing a license.

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