SHARJAH / WAM Bank of Sharjah has reported a strong start to 2024, with first-quarter results showcasing a significant increase in net profit to AED80 million. The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness. The bank has demonstrated comfortable liquidity, with a customer deposit base of AED26 billion (December 31 ...

SHARJAH / WAM Sharjah Electricity, Water and Gas Authority (SEWA) has affirmed its full readiness to address any repercussions of weather conditions with well-equipped teams and state-of-the-art equipment. Between April 15 and 29, SEWA teams managed over 5,200 reports in Sharjah, 820 in Kalba, and 299 in Khorfakkan. The authority conducted repair and maintenance operations in the central region, alongside ...

ABU DHABI / WAM PureHealth Holding announced its financial results for the period ended on March 31, 2024. The group achieved robust revenue growth of 52%, reaching AED6.1 billion. The 85% year-on-year increase in hospital revenue is particularly noteworthy, totalling AED4.8 billion. This growth was propelled by a 10% year-on-year surge in total patient volumes, reaching 1.5 million patients, and ...