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Yalla Group reports AED326.5 million in Q3 revenue

DUBAI / GULF TIME Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, on Tuesday announced strong financial results for the third quarter of the fiscal year 2024 ending on September 30 2024. According to the financial data, the company has posted a 4.4% revenue increase, reaching AED 326.5 million ($88.9 million), ...

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Adnic achieves net profit before tax of AED342.5mn in 9 months

ABU DHABI / WAM Abu Dhabi National Insurance Company (ADNIC) announced its financial results for the first nine months of 2024, reporting a net profit before tax of AED342.5 million, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives. Following Adnic’s successful acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) ...

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UAE leaders congratulate new President of Botswana

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Duma Gideon Boko on being sworn in as President of the Republic of Botswana. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mansour ...

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