Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan accepted condolences from His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, over the passing of Sheikha Maryam bint Abdullah bin Sulayem Al …

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 …