Bloomberg Reliance Industries Ltd. will buy a controlling stake in local search engine and e-commerce marketplace, Just Dial Ltd, for as much as $767 million as Mukesh Ambani’s conglomerate looks to bolster its digital offerings. India’s most valuable company plans to acquire 66.95% stake in Just Dial through its arm, Reliance Retail Ventures Ltd. It will use a combination of ...

Sharjah / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 25.6 percent, amounting to AED 417.3 million for the first six months, compared to AED 332.3 million for the same period of the previous year. Net profit amounts to AED 289.5 million for the six months period ended June 30 compared to AED ...

Dubai / WAM The UAE has ranked among top 20 countries globally in the fixed broadband index with the fastest average download speeds in May 2021, according to the latest data from Ookla, a global leader in fixed broadband and mobile network testing applications, data and analysis. “This global achievement is a testimony to UAE leadership’s vision and commitment in ...