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Dubai’s night-swimming beaches attract 1.5 million visitors since opening in 2023

Dubai Night-swimming beaches in Jumeirah 2, Jumeirah 3, and Umm Suqeim 1 have welcomed approximately 1.5 million visitors within 18…

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Business

DIB donates AED5 million to Faraj Fund to support insolvent inmates

Dubai Islamic Bank (DIB) has contributed a donation of AED5 million to the Faraj Fund of the Ministry of Interior…

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Business

SEWA Develops Energy Projects in Central Region at AED20 million

The Sharjah Electricity, Water and Gas Authority (SEWA) has announced the initiation of several projects aimed at enhancing electricity networks…

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Business

ADNOC L&S Q3 Net Profit up 18% YoY to AED643 million

ADNOC Logistics and Services plc (ADNOC L&S) today announced its third quarter and first nine months (9M) 2024 financial results.…

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Business

Agility Reports Q3 2024 Net Profit of KD 10 Million  

 Q3 2024 (Million KD) Q3 2023 (Million KD) Variance (%) 9M 2024 (Million KD) 9M 2023 (Million KD) Variance (%) Revenue 411.0 360.8 14% 1,122.7 1,009.2 11% Net Revenue 260.0 212.8 22% 720.0 599.7 20% EBITDA 70.0 58.7 19% 204.2 179.6 14% EBIT 44.8 33.8 33% 129.4 110.1 18% Net Profit 10.1 28.0 -64% 34.8 57.5 -40% EPS (fils)  4.04 11.23 -64% 13.93 23.03 -40%  Numbers above are rounded.   Agility, a supply chain…

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News

Dubai Toll-Gate Operator Salik Rides High with Dh822 Million Profit

Dubai firm targets sharp 24-25% revenue gain in 2025 as two new toll-gates open The Dubai toll-gate operator Salik’s 9-month…

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News

ACWA Power Announces USD238 million Aggregate Financial Closing for Absheron-Khizi Wind Farm in Azerbaijan at COP29

ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has…

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Business

Agility Global PLC Reports Q3 2024 Net Profit of $37 Million  

Agility Global PLC, a multi-business owner and operator and long-term investor in global and regional businesses, today reported Q3 2024 earnings…

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Business

ADNIC Achieves Net Profit before Tax of AED 342.5 million for the First Nine Months of 2024 

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues…

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Business

Razzamataz Theatre Schools Franchise Forecasts £1 million Turnover in Five Years

Razzamataz Theatre Schools is looking to engage local partners as the UK-based leading provider of exceptional performing arts education for…

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