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 …
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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 …
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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 …
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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 …
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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 …
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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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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, issued Council Resolution No. 30 of 2023, appointing Hadi Muhammad Taher Muhammad Badri, Executive Director of the Dubai Economic Development Corporation. His Highness also issued Resolution No. 31 of 2023, …
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The Ministry of Finance in the UAE issued, on Wednesday, Ministerial Resolution No. (105) of 2023, which specifies the conditions that allow a person to continue to be considered or cease to be considered exempt from corporate tax, which contributes to clarifying the mechanism for applying the law and promoting …
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Haitham Al-Subaihi, Acting Executive Director of Business Development and Promotion at the Abu Dhabi Investment Office, said that the office’s innovation program has so far succeeded in providing financial and non-financial support packages to nearly 50 local and international companies qualified to develop and expand their business in Abu Dhabi. …
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Abu Dhabi, May 10/ His Excellency Rashid Abdul Karim Al Balushi, Undersecretary of the Department of Economic Development in Abu Dhabi, confirmed that Abu Dhabi has succeeded in creating a competitive and flexible investment environment by launching a package of incentive initiatives, in order to enhance the emirate’s position on …
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