Recent Posts

Cleveland Clinic Abu Dhabi marks 10th anniversary

ABU DHABI/WAM Cleveland Clinic Abu Dhabi, part of M42 group, has made significant contributions to the development of complex care in the region over the last 10 years, setting new benchmarks and strengthening the emirate’s position as a global medical leader. During its 10-year journey, Cleveland Clinic Abu Dhabi has treated more than 6.8 million patients and delivered over 175,000 ...

Read More »

Nasdaq Dubai welcomes $1bn Sukuk listing by RAK government

DUBAI / WAM Nasdaq Dubai on Thursday welcomed the listing of the Government of Ras Al Khaimah’s, acting through the Investment and Development Office of Ras Al Khaimah (IDO), 10-year $1 billion senior unsecured Sukuk at a profit rate of 5.038 percent issued on March 5 2025. The sukuk, due in 2035, has been issued under the $2 billion Trust ...

Read More »

DP World reports record $20.0bn revenue in 2024

DUBAI / WAM DP World Limited has announced financial results for the year ended on December 31 2024. On a reported basis, revenue grew by 9.7 percent to $20.0 billion, and adjusted EBITDA rose by 6.7 percent to $5.5 billion with an adjusted EBITDA margin of 27.2 percent. Revenue growth of 9.7 percent was mainly due to improved performance from ...

Read More »
Send this to a friend