Dubai / Emirates Business Damac Properties Dubai Co announced financial resu-lts for the first half of 2019, reporting a total revenue of AED1.9 billion, with boo-ked sales reported at AED1.8 billion. Gross profits for the same period stood at AED502 million reflecting gross profit margins of 27 percent. Total assets stood at AED24.7 billion compared to AED25.2 billion as of ...

DUBAI / Emirates Business Under the patronage HE Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman of Federal Transport Authority for Land and Maritime, Breakbulk Middle East (BBME), the largest breakbulk and project cargo event in the GCC, will return to the UAE on February 25-26, 2020. This will mark the second consecutive year ...

Dubai / Emirates Business Amanat Holdings PJSC (“Amanat”), the GCC’s largest healthcare and education investment company, announced its results for the second quarter ending on June 30. Amanat recorded a net profit of AED35.1 million in H1 2019 representing a 26 percent increase compared with the same period in 2018, and a total income of AED63.8 million, up 28 percent ...