Lotusia Group acquires Dubai-based OTC Business Services in seven-figure deal
Acquisition brings OTC’s established UAE experience into Lotusia Group’s international network and lays the foundation for Lotusia in UAE
Business
Americana Restaurants delivers highest ever 9 months revenue
Revenue grew 12.9% to $2,076.9 million in 9 months 2026 supported by 7% like-for-like sales growth and continued network expansion; Net profit increased 60.4% to $217.2 million
Business
Dubai set for V-shaped recovery next year, says S&P
Global rating agency says higher UAE oil production, ongoing construction, population growth and low government debt will underpin the emirate's rebound
Business
UAE firms risk missing AI gains as financial data gaps undermine business adoption
The biggest obstacle to AI adoption in finance was not the technology itself, but the lack of structure in the information businesses feed into it