Infracorp H1 net jumps 28.4pc to $26.5m, income zooms 182pcInfracorp, a leading specialised company in investing in the infrastructure and sustainability sector, has seen its first-half (H1) net profit jump 28.4% to $26.5 million and total income shoot up 182% to $195 million. More… |
Infracorp H1 net jumps 28.4pc to $26.5m, income zooms 182pcInfracorp, a leading specialised company in investing in the infrastructure and sustainability sector, has seen its first-half (H1) net profit jump 28.4% to $26.5 million and total income shoot up 182% to $195 million. More… |
Adnec Group gears up for its busiest H2 seasonAdnec Group is gearing up for a busy and exciting event season for the remainder of H2 in 2024, as it prepares to host 205 high-profile events across various sectors and industries, a 16% increase compared to the same period in 2023. More… |
Dubai Chamber members' exports, re-exports rise 6.7pc to $40bnThe value of Dubai Chamber of Commerce members’ exports and re-exports during H1 2024 hit AED145.9 billion ($40 billion), a YoY growth of 6.7%. A total of 372,720 certificates of origin were issued More… |
Saudi VC ecosystem aggregates $412m in H1 of 2024Saudi Arabia has maintained its first rank across Mena in terms of the amount of Venture Capital (VC) funding in the first half of 2024, which witnessed a total VC deployment of SR1.5 billion ($412 million). Th More… |
Saudi VC ecosystem aggregates $412m in H1 of 2024Saudi Arabia has maintained its first rank across Mena in terms of the amount of Venture Capital (VC) funding in the first half of 2024, which witnessed a total VC deployment of SR1.5 billion ($412 million). Th More… |
DME's half-year performance sees impressive surgeDubai Mercantile Exchange (DME) achieved a remarkable surge across physical delivery, front-month trading volume, and total exchange volume during the first six months (H1) of 2024 compared to the H2 of the previous year. More… |
Ford Middle East achieves highest Q1 sales since 2016Ford Middle East has carried forward its robust 2023 sales momentum into the first quarter of 2024, recording 29% year-on-year growth in Q1 – the highest since Q2 of 2016. The Ford torch bearers were Territory, Everest and Taurus driving More… |
UAE’s National Bonds creates 292 millionaires in Q1 2024National Bonds, the UAE's leading sharia-compliant savings and investment company, created 292 millionaires in the first quarter (Q1) of 2024. This achievement highlights an accelerated success rate, underscoring the effectiveness of the c More… |
Amlak Finance Q1 2024 net profit soars 89pc to $7.35mAmlak Finance’s first-quarter (Q1) net profit soared 89% to AED27 million ($7.35 million) on prudent management of its UAE operations and balance sheet. Amlak’s total assets stand at AED3.14 billion. More… |