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Julphar reports net profit of AED40.5 million in 2024

RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries PJSC (Julphar), announced a net profit of AED 40.5 million for 2024, supported by sustainable growth and operational efficiency, reflecting the company’s strong performance throughout the year. Julphar recorded revenues of AED1.31 billion, achieving a 2.7% growth compared to the same period last year and a 4% increase on a constant currency ...

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Etihad Rail announces winners of Global Rail Innovation Award

ABU DHABI / WAM The inaugural Global Rail Transport Infrastructure Exhibition and Conference (Global Rail), hosted by Etihad Rail, celebrated forward-thinking ideas and solutions shaping the future of mobility. Etihad Rail, the developer and operator of the UAE National Rail Network, recognised three transformative ideas as winners of its Innovation Award, which was launched during event. H.H. Sheikh Theyab bin ...

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Empower reports AED3.3 billion in revenues in 2024

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the fiscal year 2024, recording a historic annual revenue of AED3.3 billion, reflecting an impressive 7.4 percent YoY growth, and a net profit of AED908 million for the year 2024. The company’s profit before tax increased by 5.9 percent compared to 2023, reaching AED998 million for ...

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