Saturday 16 November 2024
 
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Salik

Salik puts financial valuation of two new gates at $740m

Salik Company, Dubai’s exclusive toll gate operator, has announced the combined valuation of the two new toll gates at Business Bay and Al Safa South at a total of AED2.73 billion ($740 million). The Business Bay Gate is valued at AED2.2

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Salik puts financial valuation of two new gates at $740m

Salik Company, Dubai’s exclusive toll gate operator, has announced the combined valuation of the two new toll gates at Business Bay and Al Safa South at a total of AED2.73 billion ($740 million). The Business Bay Gate is valued at AED2.2

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Salik's H1 2024 profit before tax rises 9.2pc to $163m

Salik Company, Dubai’s exclusive tollgate operator, has posted a first-half (H1) profit before tax of AED598.6 million ($163 million), up 9.2% year-on-year.   In view of the strong financial results, the co

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Salik's H1 2024 profit before tax rises 9.2pc to $163m

Salik Company, Dubai’s exclusive tollgate operator, has posted a first-half (H1) profit before tax of AED598.6 million ($163 million), up 9.2% year-on-year.   In view of the strong financial results, the co

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Salik set to distribute $150m cash dividends for FY2023

Salik Company, Dubai’s exclusive toll gate operator, has announced that its board has won approval from shareholders for the distribution of cash dividends worth AED550 million  ($150 million) - equivalent to 7.3338 fils per share -

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Salik delivers solid result for 2023; revenue soars to $560m

Dubai’s exclusive toll gate operator Salik has announced that it had delivered strong top-line performance in FY 2023, with 461.4 million revenue-generating trips and recording a total revenue of AED2.1 billion ($560 million), mainly sup

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Salik delivers solid result for 2023; revenue soars to $560m

Dubai’s exclusive toll gate operator Salik has announced that it had delivered strong top-line performance in FY 2023, with 461.4 million revenue-generating trips and recording a total revenue of AED2.1 billion ($560 million), mainly sup

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Salik H2 2022 net profit rises to robust $144m

Salik Company, Dubai’s exclusive toll gate operator, has posted a robust a net profit of AED529 million ($144 million) for the second half (H2) of 2022, propelled by a resilient economy.    Based on th

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Salik H2 2022 net profit rises to robust $144m

Salik Company, Dubai’s exclusive toll gate operator, has posted a robust a net profit of AED529 million ($144 million) for the second half (H2) of 2022, propelled by a resilient economy.    Based on th

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Seven Mena IPOs raise $1.5 billion in Q3: EY

Seven initial public offerings (IPOs) in the Mena region raised about $1.5 billion in the third quarter (Q3) of the year, bringing the total number of Mena IPOs in the year-to-date to 31, said professional services firm EY in a new report.

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