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ET revenues grow 10.6% to AED2.4bn in 2016

Dubai / WAM Emirates Transport (ET), reported that revenues increased by 10.6 percent to AED2.4 billion by the end of 2016, while its net profit rose to AED182.4 million, representing a growth of 25 percent from 2015. ”The corporation recorded a 61 percent return on capital, and has 3.019 billion in total assets,” said Mohammad Al Jarman, General Manager of ...

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SAM and Knight Frank to host sales event on May 23

Dubai / WAM Sharjah Asset Management (SAM), the official investment arm of the Sharjah Government, and Knight Frank, internationally renowned real estate consultants, are co-hosting a sales event for Al Saja’a Industrial Oasis, ASIO, on May 23 at the Sheraton Sharjah Beach Resort and Spa. They will discuss the industrial investment sector in the UAE and highlight how Sharjah acts ...

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Asset management firms select DIFC as destination of choice

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA), reinforced its position as the largest fund regime in the region at an event which highlighted how property funds and Real Estate Investment Trusts (REITs) are becoming increasingly popular and opening up significant investment opportunities in ...

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