The number of ships handled by DP World – DB World in Dubai during 2022 increased by an average rate of 15% to reach 22,000 ships, compared to the year before 2021, in which it dealt with 19,123 ships, according to recent data issued by the group. The number of …
Read More »Centers for the re-export of drinking water, nuts and cocoa in Dubai soon
Dubai, represented by the Dubai Multi Commodities Center, plans to soon establish centers for the re-export of drinking water, nuts and cocoa. Work is underway to establish a new regional center specialized in all services related to the treatment, bottling and re-export of drinking water, with the aim of increasing …
Read More »551 million dirhams, “ADNOC Distribution” profits in the first quarter of 2023
Abu Dhabi, May 12 / ADNOC Distribution today announced its financial results for the first quarter of 2023, achieving a strong performance and an increase in net profit, excluding inventory changes, by 5.5% on an annual basis and by 19.4% on a quarterly basis, to reach 551 million dirhams paid. …
Read More »Financial markets extend the period for insurance companies to disclose first-quarter results until June 15
Abu Dhabi, May 12 / The financial markets in the country announced the extension of the date for submitting the reviewed interim financial statements for the listed insurance companies for the first quarter of this year for a month until June 15, in order to give them the appropriate opportunity …
Read More »55% increase in net profits of Dubai Investments to reach 314.45 million dirhams during the first quarter of 2023
Dubai, May 12 / Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), announced that it achieved a net profit of 314.45 million dirhams during the first quarter of 2023, an increase of 55%, compared to 202.55 million dirhams. for the same period in the year …
Read More »80 million dirhams profits of “Ras Al Khaimah Ceramics” during the first quarter
Abu Dhabi, May 12 / Ras Al Khaimah Ceramics, listed on the Abu Dhabi Stock Exchange, announced its financial results for the first quarter ending on March 31, 2023, recording total revenues of 882.4 million dirhams, an increase of 12.7%. The company said, in a statement today, that the registered …
Read More »236.4 million dirhams net profit of “Tabreed” during the first quarter
Abu Dhabi, May 12 / The National Central Cooling Company “Tabreed” recorded a net profit of 236.4 million dirhams, compared to the same period last year 2022, which witnessed a net profit of 88 million dirhams, according to the consolidated financial results for the first quarter of this year. Tabreed’s …
Read More »Trade exchange between the UAE and France grows 17% in 2022 to 29.5 billion dirhams in 2022
ABU DHABI, May 11: Trade exchange between the UAE and France grew during 2022 by 16.8%, reaching 29.44 billion dirhams ($8 billion), compared to 25.2 billion dirhams in 2021 ($6.8 billion), according to data from the Federal Center for Competitiveness and Statistics. Foreign trade between the two countries was distributed …
Read More »The Central Bank: Stress tests confirmed the safety of the banking sector in the UAE, including the scenario of inflation risks associated with stagnation
Abu Dhabi: The Central Bank said in its annual report 2022 that, in its capacity as the one charged with promoting financial stability in the country, due to the importance of a stable and reliable financial system for sustainable economic growth, and with the fading of the impact of the …
Read More »46% growth in the profits of “Securities” to 44 million dirhams during the first quarter
Dubai, May 11 / Amanat Holding Company, listed on the Dubai Financial Market, announced its financial results, as profits increased by 46% year-on-year to reach 44.4 million dirhams in the first quarter of 2023, driven by strong growth in both the healthcare and education portfolios. investment. Revenues during the same …
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