Dubai, UAE: 7th August 2024: Amlak Finance PJSC today announced its H1 2024 financial results for the period ended June 30, 2024. The company focused on prudently managing its UAE operations and balance sheet. Amlak reported a net profit of AED 30 million for H1 2024 as compared to net profit of AED 138 million for H1 2023, meanwhile the revenue from financing and investing business increased by 10% to AED 66 million during H1 2024 as compared to AED 60 million in H1 2023. Amlak’s total revenue for H1 2024 excluding a one-off gain of AED 154 million slightly increased to AED 144 million compared
Tag: Business News
Asteco’s Q2 2024 Report Reveals Sustained Growth In the UAE Real Estate Market
Abu Dhabi, 6 August 2024 – According to the Asteco Q2 2024 real estate report, Dubai’s strong economy and attractive lifestyle remain major
Nuvama Private to serve region’s Global Indians (NRIs) through new
DUBAI, 06 AUGUST, 2024: Nuvama Private, the Private Banking arm of Nuvama Group – one of India’s largest, listed Institutionally backed Wealth Management
Rammas, DEWA’s virtual employee supported by ChatGPT, enhances its leadership in exceeding customer expectations
Dubai, UAE, 6 August 2024: Dubai Electricity and Water Authority (DEWA)’s utilisation of the latest disruptive technologies, including generative artificial intelligence (AI) and
Kent Secures 3 -Year Global Commissioning Services Contract with Shell
The Hague, Netherlands, 5 August 2024 – Kent, a leading engineering and services company, is pleased to announce it has been awarded a
Beat the heat with Yango Maps’ innovative comfortable routes in Dubai
Dubai, UAE – 05 August, 2024 – As Dubai faces the peak of summer heat, Yango Maps is enhancing urban mobility with
Emirates NBD launches new branch in King Abdullah Financial District (KAFD)
New launch takes Emirates NBD’s total number of branches in Saudi Arabia to 19KAFD branch has attained LEED® V4 ID+C:CI Gold certification. Riyadh,
Top 30 Accounting and Auditing Firms in the UAE
How to Choose a Financial Accounting and Auditing Firm? Choosing the right financial accounting and auditing firm is a critical decision that
Top 20 Contracting Companies in the UAE
The United Arab Emirates is a beacon of innovation and progress in the construction and development sectors. As the country continues to
Top 20 Food Factories in the UAE
The United Arab Emirates (UAE) is one of the leading countries in the Middle East that has witnessed significant growth in the