Net profit

Business

NMDC Group doubles first half net profit to 881 million dirhams

News Desk 2 26/07/2023

Abu Dhabi, United Arab Emirates, 26 July 2023: National Marine Dredging Group (ADX: NMDC), one of the world’s leading Engineering, Procurement, Construction (EPC) and marine dredging groups,” has announced a significant surge in its net profit during the first half of 2023, reaching AED

NEWS DESK

SALAMA reports successful Q1 2023 results

News Desk 2 15/06/2023

Dubai, June 15, 2023: Islamic Arab Insurance Company, listed as “SALAMA” on DFM, the UAE’s largest Sharia’h Compliant Takaful solutions provider, reported profit of AED 8.04 million in its first quarter results (Q1) of 2023 today. The company successfully implemented new IFRS 17 standards, which came into force on January 1, 2023. This significant

NEWS DESK

Network International Reports Record Revenue and Net Profit Growth

News Desk 2 09/03/2023

March 9, 2023 – Network International (Network), the leading enabler of digital commerce across Africa and the Middle East, today announced its preliminary financial results for the year ended 31 December 2022. Network reported total revenue of USD 438.4 million up 24.5% compared to the previous year led by stellar performance in its Merchant Services […]

Business

DUBAL Holding announces 37% annual growth

News Desk 2 22/02/2023

Dubai, February 22, 2023: DUBAL Holding LLC (DH), the investment arm of the Dubai Government in the commodities and mining, power and energy, and industrial sectors, reported a net profit of AED 3.7 billion in 2022, reflecting a 37% increase from the previous year’s figure of AED 2.7 billion. This was disclosed at the annual […]

NEWS DESK

SALAMA’s FY 2022 preliminary Net Profit

News Desk 2 15/02/2023

SALAMA posted a net profit of AED 45.27mn in FY 2022, which was a result of the Company’s strategy to extend its leadership position in the UAE Takaful industry led by consistent growth in gross written contributions and prudent underwriting controls, as well as continuing investment in strategic partnerships. SALAMA’s gross written contributions for 2022 […]

NEWS DESK

National Marine Dredging Group achieves 30% growth

News Desk 2 02/02/2023

Demonstrating the success of its geographic expansion strategy and ability to enter new business verticals, National Marine Dredging Group (ADX: NMDC), one of the world’s leading Engineering, Procurement, Construction (EPC) and marine dredging groups, announced achieving a growth in its net profit by 30% during 2022 to reach AED 1.3 billion, compared to net profit […]