Union Properties posts profits
DUBAI: Union Properties, the iconic property developer with a portfolio of diversified subsidiaries, announced 5.6 million Dirhams in net profit for the first quarter of...
Dubai Islamic Insurance & Reinsurance Company posts 100% earnings growth
DUBAI: Dubai Islamic Insurance & Reinsurance Company (Aman), the pioneering UAE Takaful Insurance provider, announced its financial results for the first quarter of 2021. Aman...
Ithmaar Holding posts a net profit of $8.86 million in Q1
BAHRAIN: Ithmaar Holding announced its financial results for the three-month period ended 31 March 2021 reporting a net profit attributable to equity holders of $8.86...
Amanat Holdings reports record high profits
DUBAI: Amanat Holdings, the GCC’s largest healthcare and education investment company, reports record-high profitability for the first quarter ended 31 March 2021. Amanat records AED...
Gulf Navigation reports net profit of AED 79 million in Q1 2021
DUBAI: Gulf Navigation Holding announced its financial results for the period ended 31 March 2021, reporting a net profit of AED 79 million compared to...
Amlak Finance posts net profit of AED 6 million in Q1
DUBAI: Amlak Finance announced its financial results reporting a net profit of AED 6 million for Q1 2021, compared to AED 139 million net loss...
Abu Dhabi based Multiply Marketing acquires stake in U.S. digital media platform Firefly
ABU DHABI: International Holding Company (IHC)’s subsidiary Multiply Marketing Consultancy (MMC) has acquired a stake in Firefly, a street-level digital media platform that connects audiences...
Etisalat raises Euro 1.0 billion through 7-year and 12-year bonds
ABU DHABI: Emirates Telecommunications Group Company has successfully issued 7 and 12 years bonds under its established USD 10 billion “Euro Medium Term Note” (EMTN)...
Senaat intends to merge Emirates Steel with Arkan Building Materials
ABU DHABI: General Holding Corporation (Senaat) has expressed intention to combine its wholly-owned subsidiary Emirates Steel Industries with Arkan Building Materials Company (ADX: ARKAN). “The...
Al Meera Consumer Goods to launch two Lifestyle Community Malls in Lusail
DOHA: Al Meera Consumer Goods Company has announced its acquisition of two properties from Qatari Diar where the retailer has set sights to launch Al...
Nabd launches financial markets data and news section in Arabic
DUBAI: Nabd, the largest personalized Arabic news app and platform, has launched a new section giving business users access to local, regional, and international financial...
TAQA Group completes $1.5 billion 7-year and 30-year dual-tranche bond offering
ABU DHABI: Abu Dhabi National Energy Company (TAQA) announced today the successful placement of an aggregate US$1.5 billion in 7-year and 30-year dual-tranche senior unsecured...