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Dubai Investments net profit hits AED657.6m

Dubai / WAM The total full-year net profit recorded by the Dubai Investments, which is listed on the Dubai Financial Market, amounted to AED657.6 million in 2019, compared to AED651.4 million in 2018. The company’s financial statistics showed that its earnings per share increased to EPS of 15.5 fils in 2019, compared to 15.3 fils in 2018. The company’s total ...

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DP World handles 7m TEU in 2019

Dubai / WAM DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up 1.0% on a like-for-like basis. Like-for-like gross volumes in fourth quarter of 2019 accelerated to 2.1% with growth driven by Asia Pacific and Africa. Jebel Ali handled ...

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Yahsat wins best company of year award

ABU DHABI / WAM Al Yah Satellite Communications Company (Yahsat), announced that it has won the Emiratisation Award from the Ministry of Human Resources and Emiratisation (MoHRE), in three categories. Yahsat was conferred the coveted prize for Best Company of the Year in the Establishments category, while two of its employees collected awards for Best New Emirati Employee and Best ...

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