Browsing: Financial Position

The UAE collects an annual revenue of AED 10B to AED 11B ($2.72B to $3B) from indirect taxes, as stated by Younis Haji Al Khoori, Undersecretary of the Ministry of Finance.

Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), today announced an impressive operational profit of AED 119M for the first half of 2024, marking a 128 percent year-on-year (YoY) increase.

Alpha Dhabi Holding has reported record revenue of AED14.2B ($3.87B) and net profit of AED4.6B ($1.25B) for the first quarter of 2024

In a landmark move for the UAE’s retail sector, Spinneys, one of the region’s leading…

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, Chairman of the Council of Economic and Development Affairs, and Chairman of the Board of Directors of the Public Investment Fund (PIF), announced the completion of transferring 8% of Saudi Aramco’s total issued shares from the State to PIF’s Fully Owned Companies.

AD Ports Group, a major logistics and port operator, announced robust operational and financial outcomes for 2023.