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GPSSA: Social Protection Fund in Oman has made revisions

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) announced that the Social Protection Fund in Oman has made revisions to the contribution rates for Omani citizens employed in the UAE and covered by the unified extension protection system. As of January 1, the new contribution rate for Omanis covered by the extension protection system has become ...

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Multiply’s net profit excluding fair value changes hits AED1.1b

ABU DHABI / WAM Multiply Group on Wednesday reported full-year 2023 results with a net profit excluding fair value changes of AED1.1 billion, 2.4x last year. Robust underlying profit growth was led by strong operational performance, higher investment income and increased share of profit from Kalyon JV. The reported net profit, including unrealised fair value changes on the market volatility ...

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