Stay updated with breaking news from Usiness Directory. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IndusInd International Holdings, which has a significant shareholding from UAE residents, aims to grow its banking and financial services (BFSI) business to a targeted valuation of $50 billion through acquisitions in India, Europe and Middle East by 2030.
Saudi Vision 2030, which will require around $1 trillion in investments over several years, will inevitably increase leverage in the Saudi private sector and the broader economy, albeit from low levels, according to S&P Global Ratings.
Abu Dhabi-based Mubadala Investment has joined hands with Global Infrastructure Partners for a strategic investment in Perdaman’s A$6.4 billion ($4.2 billion) Western Australia Urea project, one of the largest urea fertilizer facilities in the world.
Zain Bahrain, a leading telecom company in the kingdom, has announced that its net profit for the first three months of 2024 fell 25.3% when compared to last year, while its revenue surged by 7.4% for the period to hit BD19.5 million ($51.4 million).
DXwand, a global player in AI-powered conversational technology, has announced its launch to Saudi Arabia with AstroLabs, a leading business expansion platform in the Gulf.