Everest Kanto Cylinder Limited (EKC), a prominent global manufacturer of seamless steel gas cylinders, has announced a robust performance for the second quarter of the fiscal year 2025, with consolidated revenues surging by 22.7% year-on-year to ₹367.3 crore. The clean energy solutions company also reported a 47% increase in profit after tax (PAT), reaching ₹38.6 […]
Germany has announced the closure of all three Iranian consulates within its borders in response to the recent execution of German-Iranian dual national Jamshid Sharmahd in Iran. This drastic diplomatic move underscores the deepening strain between Berlin and Tehran as Germany’s Foreign Minister Annalena Baerbock condemned the execution as a significant breach of human rights […]
CLPS Incorporation has reported its financial outcomes for the second half and the full fiscal year of 2024. Despite global economic challenges and reduced demand in IT consulting services, the company pursued an aggressive international expansion strategy, showing resilience in various regions, particularly outside of mainland China. Key results and regional growth For the second […]
BLS International Services Limited, a prominent player in visa processing and consular services, has announced the acquisition of a 51% stake in SLW Media, a leading sports management firm with a strong focus on the golf industry. This move, finalised on October 17, 2024, positions BLS International to enhance its brand in the upscale market […]
Gensol Engineering Limited has been awarded an AED 81.6 million (INR 186 crore) contract to develop a 23 MWp rooftop solar photovoltaic (PV) project in Dubai. This contract represents a major achievement for Gensol, further solidifying its status as a leading entity in the renewable energy sector while expanding its influence across the Middle East. […]
Intellect Design Arena Limited’s transaction banking division, Intellect Global Transaction Banking (iGTB), has introduced a pioneering platform known as eMACH.ai Cloud for Wholesale Banking. This platform aims to reshape the wholesale banking sector with an innovative suite of integrated services. The announcement, made on October 10, 2024, in Dubai, represents a critical advancement in financial […]
Sprayking Limited, a prominent player in the brass components manufacturing sector, announced a significant milestone in its global business strategy, securing an export order worth INR 25 million (approximately $300,000). This deal, brokered through its subsidiary Narmadesh Brass Industries Limited, involves the export of 50 tonnes of brass billets to a Dubai-based client. The goods […]
BLS International Services Limited, a prominent tech-enabled service provider, has announced a major acquisition, solidifying its position as a leader in the citizenship and residency industry. On October 4, 2024, BLS completed the acquisition of Dubai-based Citizenship Invest for a staggering $31 million, fully funded through internal accruals. The acquisition is expected to further enhance […]
Narmadesh Brass Industries Limited, a key subsidiary of Sprayking Limited, has successfully clinched a lucrative brass billet export contract worth INR 50 million. The order comes from a Dubai-based client and will see the brass billets shipped to China, one of the largest and fastest-growing markets for such components. This development marks a significant milestone […]
King’s College Hospital London, Dubai (KCH Dubai) has achieved a significant milestone by becoming one of the first healthcare systems in the UAE to migrate its Oracle Health Electronic Health Record (EHR) system to Oracle Cloud Infrastructure (OCI). This transition aims to enhance the security, performance, and usability of the hospital’s EHR, ultimately improving the […]