Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year
“We expect the group to return to profitability in 2022-23″ – Sheikh Ahmed bin Saeed, Emirates Group chairman
During 2021, its aggregate subscriber base reached 159 million
Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022
Revenue rose to Dhs2.8bn from Dhs2.3bn
Group revenues equalled Dhs34.3bn, 11 per cent higher than an year-earlier period
The group’s revenue totaled Dhs24.7bn for the first six months of 2021-22
The board of directors approved an interim dividend of Dhs0.10 per share
Revenue rose 24 per cent year-on-year to SAR37.5bn and 14 per cent from the previous quarter
Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam
Its revenues also pared to Dhs5.35bn in 2020
Phones constituted 8.2 per cent of LG sales last year
The company reported revenues of Dhs144m for the year ended December 31, 2020, 71 per cent lower than Dhs491m in 2019
Open banking offers potential for better customer experience and additional revenue streams
Young and digitally savvy populations across the Middle East and Africa region are key to long-term growth outlook
The programme takes into account “the exceptional economic conditions of the fiscal year 2020″
The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021
The VAT hike to 15 per cent, was implemented in July this year
The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn
Third quarter net profit rose 4 per cent sequentially
Etisalat’s consolidated revenue for Q3 2020 amounted to Dhs13bn
The company has announced a net loss of Dhs25.6m for Q2 2020
The DFM attracted 1,718 new investors during the first half of the year
The King Fahd Causeway shut on March 7 as part of the precautionary measures implemented by Saudi Arabia
There are a total of 44,000 small and medium establishments in Oman
In total, governments have committed to $123bn in financial aid to airlines
Its 2019 revenues dipped 1.9 per cent to Dhs228bn
The UAE government levied a 5 per cent VAT on goods and services in January 2018
Qatar forecast a fiscal deficit of 7.8 per cent of GDP this year, the first deficit in 15 years