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Tabreed Releases Financial Results for 9M 2024, with Increased Revenues and Strengthened EBITDA
New customer connections in four countries: UAE, India, Egypt and Oman Company committed to maintaining 'Investment Grade' credit rating Abu Dhabi, United Arab Emirates—15 November 2024: Tabreed, the UAE's leading international district cooling company, has released its consolidated financial results for the first nine ......Read More
Friday, November 15, 2024
e& announces Q3 2024 earnings with consolidated revenue growth of 10% to AED 14.4 billion
e& completes acquisition of controlling stake in PPF Telecom and 100% acquisition of GlassHouse, expanding its footprint to 38 countries Abu Dhabi, 30th October 2024: e& today announced its Q3 2024 consolidated financial results, reporting consolidated revenue of AED 14.4 billion, growing 10 per cent year-over-year in constant currency, ......Read More
Wednesday, October 30, 2024
Taiwan Excellence Unveils 16 Semifinalists for "Go Green with Taiwan"
The "Go Green with Taiwan" project announces 16 semifinalists from 11 countries. The selected nations include Kenya, Canada, the UK, Luxembourg, Hungary, Ukraine, India, Vietnam, the Philippines, Singapore, and Malaysia. The initiative, which ran from June 19 to August 31, 2024, received 396 proposals from 45 countries. Vietnam, ......Read More
Wednesday, October 30, 2024
NBF posts a strong 39.3% net profit before tax growth to AED 715 million in the first nine months of ...
29 October 2024: NBF is pleased to announce its results today for the nine-month period ended 30 September 2024. Highlights: NBF recorded year-on-year growth of 39.3% to close the nine-month period at a net profit before tax of AED 715 million compared to AED 513.2 million in the corresponding period of 2023. Further, NBF ......Read More
Wednesday, October 30, 2024
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Mashreq's 9M 2024 Profit Before Tax Rises 9% YoY to AED 6.5 Billion, reflecting strong business acti ...
Increased operational activities drives revenue growth: Net Interest Income (NII) increased by 13% year-on-year, propelled by sizable balance sheet expansion and sustained healthy client margins. This growth underscores our effective asset-liability management and strategic focus on core lending activities. In addition, non-interest income ......Read More
Wednesday, October 30, 2024
Emirates Stallions Group achieves 125% YoY Growth in Revenue in Q3 2024
The Group has registered robust financial performance with operational profit surging to AED 151.78 million, a significant 69% YoY growth. Gross profit more than doubled from the same period last year, soaring by 221%; while total assets rose by 13% compared to December 2023. Growth momentum continues to be shaped by portfolio expansion and successful execution of strategic objectives. Abu Dhabi, UAE - 28 October 2024: Emirates Stallions Group (ADX: ESG), the leading conglomerate operating across the Workforce Solutions, Construction and Real Estate sectors, and a subsidiary of International Holding Company (ADX: IHC), today announced a leap in operational profit ......Read More
Tuesday, October 29, 2024