Economy

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal logistics tech wave, and now, the startup is banking on the last-mile logistics boom fuelled...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand that offers a wide range of apparel, including shirts, jackets, hoodies, co-ords, sweaters, and innerwear The...

Zee Invests In Content Startup Bullet To Enter Microdrama Universe

SUMMARY Zee Entertainment is investing in content startup Bullet to enter the 60-second drama content space The media giant said that Bullet has developed India's first...

UAE government revenue reaches Dh115.6 billion, expenses at Dh92.5 billion in Q1 2023

Abu Dhabi: The UAE government’s revenues in the first quarter of 2023 stood at Dh115.6 billion, while expenditures totalled Dh92.5 billion, the Ministry of...

Two major agreements announced at UAE-Turkey Business Forum

Two major agreements announced at the UAE-Turkey Business Forum held recently in Abu Dhabi were set to provide a boost to UAE-Turkey investment across...

Dubai tops in attracting FDI projects in cultural, creative industries; surpasses London, Paris, Berlin

Dubai attracted a record 451 projects in the cultural and creative industries in 2022, an impressive increase of 107.7 per cent from the previous...

UAE Central Bank outlines measures to ease burden of rising interest rates on home loans

The Central Bank of the UAE (CBUAE) today issued a notice to all banks and finance companies in the UAE outlining the measures taken...

How Dubai is helping family businesses unlock their full potential

Family businesses in Dubai, which generate over 40 per cent of the emirate’s GDP, are set to get a further boost. As the emirate seeks...

Saudi Arabia purchases Turkish drones

Saudi Arabia agreed on Tuesday to buy Turkish drones in the biggest defence contract in Turkey's history as President Tayyip Erdogan reaped the benefits...

0% UAE corporate tax for Free-zone companies

Corporate tax rules require free zone entities to have clearly measurable stakes on ground. Discussions on the 0 per cent tax rate for free zone...

Tesla in India looking to make about half million EVs annually

Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a...

Don't miss

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...

Zee Invests In Content Startup Bullet To Enter Microdrama Universe

SUMMARY Zee Entertainment is investing in content startup Bullet to...

Non-oil sector drives Saudi Arabia’s GDP growth to 3.4% in Q1: GASTAT 

Wholesale and retail trade, restaurants, and hotels lead at...

This startup aims to replace Rs 4,000/month AI tools with AI agents you can hire like freelancers

In the last two years, artificial intelligence has become...