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Alpha Dhabi Holding’s 2021 net profit surges to AED5.1b

  Abu Dhabi / WAM Alpha Dhabi Holding PJSC, one of the largest and fastest-growing investment holding companies in the Middle East, announced its preliminary financial results for the full year of 2021. The company reported revenues of AED18.8 billion, reflecting 400% growth compared to AED3.80 billion in 2020, while the gross profit touched AED5.1 billion in 2021 compared to ...

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‘UAE provides attractive environment for creativity’

  Abu Dhabi / WAM Massimo Baggi, Ambassador of Switzerland to the UAE, highlighted the UAE-Switzerland deep relations in all vital and future fields, including the health and medical domains, with clear prospects for advancing the existing cooperation. He pointed to the areas of convergence between the UAE’s vision and plans for the next fifty years and its model based ...

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Dana Gas delivers record year with AED1.16b profit

  Sharjah / WAM Dana Gas, the Middle East’s largest regional private sector natural gas company, announced its preliminary unaudited financial results for the full year ended December 31, 2021. The company achieved a net profit of AED1.16 billion in 2021. The increase was primarily due to higher oil prices, improved operational performance, and income. Revenue increased 30% to AED1.65 ...

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