Author: Arabian Media staff
Image: Getty Images Abu Dhabi-based developer Aldar Properties reported a 30 per cent year-on-year increase in net profit after tax to Dhs6bn ($1.63bn) for the first nine months of 2025, driven by strong growth across both its development and investment platforms. Revenue for the period climbed 43 per cent year-on-year to Dhs23.6bn, while gross profit and EBITDA each rose 43 per cent and 44 per cent, respectively, to Dhs8.1bn and Dhs7.8bn. For Q3 alone, Aldar posted Dhs8bn in revenue, up 44 per cent, and Dhs 1.9bn in net profit, a 49 per cent increase from a year earlier. Aldar’s development…
Image: Supplied Saudi Arabia–headquartered financial services app Tabby said on Monday it has completed a secondary sale of shares held by certain existing shareholders, implying a company valuation of $4.5bn. As part of the transaction, HSG, Boyu Capital, and others acquired shares from existing investors. No new shares were issued, and Tabby did not receive any proceeds from the sale, the company said in a statement. “We’re proud to welcome our new shareholders who share Tabby’s ambitions and the impact we’re making on financial services across the region,” said Hosam Arab, CEO and co-founder of the buy-now-pay-later platform. Tabby provides…
Alessio Vinassa/Image: Supplied The blockchain and Web3 space has seen some of the wildest market movements in recent years, as mainstream adoption and painstaking government regulation spark periods of excitement and uncertainty at the same time. That is why we thought it would be well-timed to sit down with Alessio Vinassa, entrepreneur and international Web3 strategist, about resilient leadership and how to navigate uncertain times. Vinassa speaks like a builder: detail-minded, future-focused, and unafraid to call out what really scales. Below is a fireside-style Q&A that captures his playbook for navigating uncertainty, strengthening organisations, and turning disruption into durable business…
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Image: Supplied At a time when most global companies are rethinking how people work, Spotify has chosen to double down on flexibility, trust, and employee wellbeing — values deeply rooted in its Swedish DNA. Under the leadership of chief HR officer Anna Lundström, the company has refined its “work from anywhere” model, introduced new initiatives like “Core Week” to reconnect teams, and continued to export its culture of transparency and inclusivity to more than 40 countries where its 7,000 employees operate. In this conversation, Lundström explains how Spotify‘s “glocal” strategy helps the company stay culturally relevant in every market, why…
Image: Supplied The UAE banking sector stands at a pivotal moment in its digital transformation journey. As one of the most technologically advanced banking markets globally, the region faces both unprecedented opportunities and evolving security challenges. Recent regulatory changes from the Central Bank of the UAE (CBUAE) are reshaping the landscape, requiring financial institutions to rethink how they protect customers and maintain trust. Beyond SMS and OTPs For years, SMS and email one-time passwords (OTP) have served as the backbone of digital authentication across banking channels. These methods, while convenient, are increasingly vulnerable to sophisticated threats such as SIM swapping,…
Image: Getty Images Cyberattacks rarely come out of nowhere. Most hackers do their homework and are constantly looking for clues that a company’s guard is down. While we’re all told to fix weak passwords and update old software, there are quieter, more overlooked signs that signal, “Hey, we’re an easy target”. One such sign is your ever-growing digital footprint. As businesses adopt new tools, including cloud platforms, apps, and third-party services, their exposure increases. If your security team isn’t keeping up, attackers might find old logins, forgotten test sites, or exposed cloud storage. Therefore, it is necessary to keep an…
