Net profit for Q2 2019 rose by one per cent to reach Dhs123 million.
Blue Ocean Group, a Dubai-based master distributor of consumer electronics, domestic appliances, electrical goods, telecom equipment as well as fashion accessories, today announces its expansion in to the United Kingdom, ahead of Brexit, which is expected to change the market dynamics in the United Kingdom. This makes Blue Ocean Group
As part of its leading role amongst regional exchanges as well as its status as ‘The World Class Regional Marketplace’, the Dubai Financial Market (DFM) launched its Sustainability Strategic Plan 2025 aimed at underpinning its continuous efforts to promote Environmental, Social and Governance (ESG) best practices
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, in its new report, states that 514 companies operate in the spice trade sector in Dubai. The report, which includes statistics on the number of companies operating in Dubai and their activities,
DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - and the Department of Economic Development (DED), the Government of Dubai entity that regulates the economic activity of all onshore companies, have signed a strategic agreement to collaborate on the licensing of companies
Tower A, the Elite building of Bloom Towers, consists of 255 premium residential units ranging from one-bedroom to three- bedroom apartments with sizes from 700 to 1,600 sqft available to purchase with prices starting from Dhs750,000, offering homeowners and investors great opportunities to secure exceptional long-term value and a guaranteed 8% return on investment for three years.
The impairment provisions for the eight banks increased by about 103 per cent during the first nine months of 2020 to Dhs16.6 billion, compared to Dhs8.2 billion for the same period in 2019.
The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board of Directors,