Aramex, a leading global provider of logistics solutions, has posted revenues of Dh3.83 billion ($1.04 billion) for 2015, marking an increase of 5 per cent over the revenues of Dh3.64 billion for the previous year.
Revenues in the
The value of developmental, humanitarian, and charity aid extended by the UAE from 1971 to 2014 stands at Dh174 billion ($47.36 billion), covering 21 sectors in 178 countries worldwide, according to a new report.
GCC petrochemical companies exported a record 67.2 million tonnes of chemicals valued at $62 billion in 2014, according to the latest industry report by the Gulf Petrochemicals and Chemicals Association (GPCA).
According to the GC
Bahrain Mumtalakat Holding Company, the investment arm of the kingdom, has announced that its full-year results for 2014 reflected another solid financial and operational performance across the group, constituting of 38 portfolio companies.
Trust Re, a reinsurance company based in Bahrain achieved gross written premium of $452.6 million during the financial year 2014, as against $398 million in the previous year, marking a growth of 13.7 per cent.
The Group’s p
Mubadala, an Abu Dhabi state-owned fund, today said its 2014 net profit dropped 28.7 per cent due to lower income from financial investments and impairments on oil and gas assets.
The fund said in a statement it made a net profit
Abu Dhabi National Insurance Company (Adnic) has reported a net loss of Dh280 million ($76.2 million) for the year 2014 as compared to net profit of Dh156 million ($42.4 million) during the previous year.
Net Investment Income inc
Reem Investments, one of the leading investment companies in Abu Dhabi, announced a net profit of Dh245 million ($66.7 million) for the financial year 2014, an increase of 61 per cent from 2013 at its recent annual general meeting.
City Centre Muscat, the largest lifestyle shopping destination in Oman, recorded more than 10 million visitors in 2014, representing a seven per cent increase over the previous year.
Retailers at the mall, owned and operated by Ma
National Bank of Kuwait-Bahrain (NBK Bahrain), the subsidiary of NBK Group in Bahrain, reported net profits of $145 million for the year 2014 compared with $114 million in 2013, a growth of 27 per cent year-on-year.
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