Browsing: December 31

Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, which corresponds to 1.95 billion AED, in consolidated sales in the Middle East, registering an increase of 3 percent in euros and 6 percent in AED. The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary. 

On Monday, the Union Home Ministry officially published the regulations for the Citizenship Amendment Act (CAA). This vital element of the BJP’s 2019 manifesto was approved by Parliament in that same year.

Salik Company PJSC, the sole toll gate operator in Dubai chaired by Mattar Al Tayer, has given the nod to the financial results covering the period until December 31, 2023.

Abu Dhabi Commercial Bank (ADCB.AD) announced a 38% increase in fourth-quarter profit, surpassing analysts’ predictions.

Saudi Arabia’s Almarai, the largest dairy company in the Middle East, declared a more than 4% surge in fourth-quarter net profit, driven by increased revenue from its poultry and dairy sectors.