Abu Dhabi / WAM Multiply group, an Abu Dhabi-based investment holding company, reported AED18.56 billion in net profit for 2022, driven by the strong performance of the group’s investments and growth in its operating portfolio. Despite several global headwinds, most of its subsidiaries showed growth in operating profits in 2022, highlighting the strength of these businesses and the resilience of ...

  Dubai / WAM Tecom group on Friday announced a 12% year-on-year (YoY) increase in revenues to AED1.97 billion and a record 28% YoY increase in net profit to AED725.62 million for the financial year ended December 31, 2022 (FY 2022). The results showed strong demand for the Group’s commercial and industrial properties, supported by Dubai’s strong macroeconomic environment and ...

Abu Dhabi / WAM The UAE Council for Fatwa has called for urgent relief to support people affected by the massive earthquake that jolted parts of Türkiye and Syria. The move is part of the UAE’s efforts to support the Syrian and Turkish peoples and aligns with the “Bridges of Goodness” campaign, which was launched by the Emirates Red Crescent ...