Dhivya Dharshini

153 published stories

Dhivya Dharshini is a journalist at Business Tabloid. She covers international news events across diverse business sectors, providing valuable insights to the target audience. She's highly passionate about content writing, learning new languages, psychological studies, and books that brings lights to novel perspectives.

Banking

Al Baraka Bank Reports Strong Q2 2024 Results with 31% Profit Growth

Financial Services provider, Al Baraka Bank has announced exceptional performance results for the second quarter of 2024, reporting a 31% year-on-year (YOY) increase in net profit after tax, reaching EGP 1,336 million. This growth underscores the successful execution of the bank’s strategy to expand its footprint in the Egyptian banking sector and enhance its Sharia-compliant […]

Dhivya Dharshini14 August 20241 min read

Finance

Network International Partners with Epsilon to Transform Loyalty Programs in MEA Region

Financial Services Company, Network International, has announced a strategic partnership with Epsilon, a global leader in customer loyalty programmes. This collaboration aims to revolutionise regional loyalty solutions by integrating Network International’s payment infrastructure with Epsilon’s advanced loyalty management expertise. The partnership will enable Network International to leverage Epsilon’s technology and analytics platforms to offer customised […]

Dhivya Dharshini13 August 20241 min read

Real Estate

Empire State Developments Eyes EGP 17bln Investment in Cairo’s Real Estate Sector

Empire State Developments (ESD) is evaluating significant real estate projects in east and west Cairo, with plans to invest EGP 17 billion over the coming years. The company is particularly interested in the New Administrative Capital (NAC), which already owns El Centro Mall, as it seeks to capitalise on the area’s high investment potential. Chairperson […]

Dhivya Dharshini9 August 20241 min read

Finance

MBRHE and Dubai Islamic Bank Forge AED 29.7 Mln Community Partnership

Mohammed Bin Rashid Housing Establishment (MBRHE) and Dubai Islamic Bank (DIB) have signed a partnership agreement worth AED 29.7 million to support community initiatives. This collaboration seeks to enhance community partnership and corporate social responsibility, reinforcing the support needed to ensure stability and well-being within the community. “We are proud to collaborate with Dubai Islamic […]

Dhivya Dharshini7 August 20241 min read

Technology

Meta Launches Llama 3.1 Impact Grants to Support Global AI Solutions

Facebook parent company Meta, has unveiled the Llama 3.1 Impact Grants, a new initiative providing up to USD 2 million to support innovative AI applications addressing global challenges. This programme continues Meta’s tradition of empowering organisations with funding to leverage open-source AI for social good. The Llama 3.1 Impact Grants programme invites proposals from organisations […]

Dhivya Dharshini6 August 20241 min read

Finance

ACWA Power Reports 36% Increase in Net Profit for H1 2024

Saudi-based electric power generation company ACWA Power has announced its consolidated financial results for the first half of 2024, ending June 30. The company reported a net profit of SAR 927 million, marking a 36% increase from the same period in 2023. Operating income before impairment losses and other expenses reached SAR 1,389 million, with […]

Dhivya Dharshini5 August 20241 min read

Banking

MultiBank Group Partners with Mashreq to Launch Instant Payments Service

Dubai-based Capital Market Company MultiBank Group has announced a strategic partnership with Mashreq to introduce an innovative instant payment service. This collaboration aims to enhance transactional efficiency and operational transparency for over 1 million traders across 90 countries. Mashreq Bank’s integrated advanced payment processing capabilities will enable MultiBank Group to offer clients nearly instantaneous deposit […]

Dhivya Dharshini2 August 20241 min read

Technology

Samsung SmartThings Platform Achieves ISO/IEC 27001:2022 Certification

Appliances and consumer-based tech firm Samsung Electronics Co., Ltd. has announced that its SmartThings platform has received the ISA/AEC 27001:2022 certifications, a prestigious international standard for information security management systems(ISMSs). The ISA 27001 standard, established by the International Organisation for Standardisation (ISO), provides comprehensive guidelines for managing risks to information assets. Samsung’s certification, granted by […]

Dhivya Dharshini1 August 20241 min read

Real Estate

Kanoo Ventures Backs CorrosionRADAR in $14Mln Funding Round

Real Estate Company’s YBA Kanoo’s investment division, Kanoo Ventures has announced a significant investment in CorrosionRADAR, a predictive Corrosion under Insulation (CUI) monitoring solution. This latest funding round, attracting investments from Aramco Ventures, Dow, and Mercia Ventures, has raised CorrosionRADAR’s total funding to $14 million (£11.7M). This capital influx will enable CorrosionRADAR to expand the […]

Dhivya Dharshini31 July 20241 min read

Technology

Ooredoo Kuwait Expands Nojoom Rewards Program with Landmark Group Partnership

Kuwait-based telecommunications company Ooredoo has announced a strategic partnership with retail company, Landmark Group, integrating popular brands like Centrepoint, Max, and Home Centre into its Nojoom Rewards programme. This collaboration unveiled during a ceremony featuring Ooredoo’s Chief Commercial Officer Tapan Tripathi and Landmark Group’s Shabbir Fakhruddin, enhances the Nojoom programme’s offerings. The partnership introduces an “Earn-And-Burn” mechanism, allowing […]

Dhivya Dharshini30 July 20241 min read

Technology

Phoenix Group Reports 141% Increase in Q2 Net Profit

UAE-based tech and Web3 powerhouse, Phoenix Group PLC, announced a significant 141% year-on-year rise in net profit for Q2 2024, reaching USD 56.1 million, compared to USD 23.2 million in the same period last year. On Friday, This growth was primarily driven by strategic investments in digital assets and the expansion of their self-mining business. […]

Dhivya Dharshini27 July 20241 min read

Awards

Mazad Partners with Kanoo Real Estate to Enhance Auction Services

On Thursday, the Bahrain-based auction platform of “Mumtalakat” holding, Mazad, announced a strategic partnership with Kanoo Real Estate, a subsidiary of the Yusuf bin Ahmed Kanoo group. This collaboration aims to expand Mazad’s asset share and strengthen its position as the leading auction platform in Bahrain and the Gulf region. Under the partnership, Kanoo Real […]

Dhivya Dharshini27 July 20241 min read