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 ...

  Abu Dhabi / WAM The Federal Authority for Electricity and Water (FEWA) carried out a number of water projects in the Emirate of Sharjah worth AED300 million to meet the growing demand for the vital commodity from new urban centres at Al Madam and Maliha. Mohammed Saleh, Director of FEWA, said the projects included a 400 km-long water distribution ...

  DUBAI / Emirates Business The Middle East has cemented its place as one of the top outward remittance hubs in the world, with the figure in excess of USD 120 billion for that year. A complementary internal research conducted by Xpress Money, one of the most dependable money transfer brands in the world, indicated that remittances within the Middle ...