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Ajman Free Zone eyes Asian market

  Ajman / Emirates Business Ajman Free Zone gears up for rapid international expansion in the New Year following the successful addition of their offices in the UAE and India. The extension will greatly contribute in strengthening the presence of the Free Zone as a new gateway in international markets as part of the expansion plans pursued by the Free ...

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Deyaar posts AED51mn net profit in first quarter

  Dubai / WAM Deyaar Development (Deyaar) on Thursday announced its preliminary Q1 unreviewed financial results registering AED 51.03 million in net profits, and AED 60.2 million in revenue compared to AED 36.2 million during same period last year. Saeed Al Qatami, CEO of Deyaar, said: “Deyaar’s strategy to continuously grow and diversify its portfolio of developments and services has helped ...

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Foreigners purchase AED1.8 bn shares on DFM

  Dubai / WAM Foreign investors purchased AED 1.8 billion worth of shares on Dubai Financial Market (DFM) and sold AED 1.6 billion over the week, DFM said in a press release. Net foreign investment on the market reached AED 142 million, as aggregate buy. Value of shares bought by foreigner investors comprised 46.5 per cent of the total value of ...

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