August 15th, 2019 | 0 commentsHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, received on Wednesday His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Their Highnesses exchanged views on national issues related to Emiratis to ensure thei...
August 15th, 2019 | 0 commentsPresident His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory message to President Arif Alvi of Pakistan on the occasion of his country's Independence Day, which is marked on 14th August. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed...
August 15th, 2019 | 0 commentsShuaa Capital deepened its net losses to AED 31.6 million during the second quarter of 2019, compared to AED 14.6 million in Q2-18. Revenues for the quarter levelled up by 54.4% to AED 47.5 million, from AED 30.8 million in the same period of the prior year, according to the company’s statement to the Dubai Financial Market (DFM) on Wedne...
August 15th, 2019 | 0 commentsDAMAC Properties Dubai Company (DAMAC Properties) disclosed net profits worth AED 82 million during the first half of 2019. Gross profits for the same period stood at AED 502 million, reflecting gross profit margins of 27%, according to the company’s filing to the Dubai Financial Market (DFM) on Wednesday. Total assets of the DFM-listed f...
August 15th, 2019 | 0 commentsThe Dubai Financial Market (DFM) closed Wednesday’s trading session with negative performance. The DFM’s general index inched down 0.22%, or 6.27 points, ending the session at 2,831.69 points. Turnover amounted to AED 164.7 million after 176.7 million shares exchanged hands through 3,415 transactions. The real estate sector topped the dec...
August 15th, 2019 | 0 commentsThe Abu Dhabi Securities Exchange’s (ADX) general index declined by 43.4 points, or 0.85%, to close at 5,053.7 points on Wednesday. Market capitalisation lost AED 3.71 billion, reaching AED 516.54 billion. The investment, consumer staples, real estate, and energy sectors lost 5.69%, 4.52%, 2.11%, and 1.53%, respectively, while the telecom...
August 15th, 2019 | 0 commentsThe profits of Dubai Islamic Insurance and Reinsurance Company (Aman), listed on the Dubai Financial Market (DFM), rose by 7% year-on-year in the first half of 2019. The company’s net profits increased to AED 7.5 million in H1-19 from AED 7 million in H1-18, Aman disclosed on Wednesday. Aman’s gross premium growth rate increased by 6% in...
August 15th, 2019 | 0 commentsEmiratis holding diplomatic, special, mission and ordinary passports can visit South Africa without pre-entry visas, Emirates News Agency (WAM) reported. The South African Department of Home Affairs noted that the UAE was added to the visa waiver list, with the possibility of UAE citizens travelling to South Africa to stay for a period up...
August 11th, 2019 | 0 commentsTheir Highnesses Supreme Council Members and Rulers of the Emirates have congratulated President His Highness Sheikh Khalifa bin Zayed Al Nahyan,His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Sup...
August 11th, 2019 | 0 commentsPresident His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent cables of congratulations to kings, presidents and emirs of Arab and Islamic countries, on the advent of Eid Al Adha. In his messages, President His Highness Sheikh Khalifa expressed his wishes of good health and happiness to the leaders and wished further progress and pro...
