BLOOMBERG Maruti Suzuki India Ltd reported a higher-than-expected quarterly profit as car sales recovered and supply chain disruptions eased. It also got in-principle board approval to add capacity of up to 1 million vehicles annually. Net income rose 42% to 26.2 billion rupees ($321 million) in the three months ended on March 31, compared with the year-ago period, the unit …

DUBAI / GULF TIME Specialists in luxury clothing and accessories, Emirati brand Carter & White successfully raised AED40 million in their first round of funding “Series A”. The goal of which is to be listed internationally in global financial markets by 2027. The company stated that the recent round of funding will be invested to attract a new segment in …

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, watched the final match of the UAE President’s Cup at the Mohamed bin Zayed Stadium in Abu Dhabi, on Friday. The final match was also watched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. His Highness …