Partnership between Salik and AW Rostamani – Arabian Automobile to foster customer experience

BASED ON PRESS RELEASE: OCT 30, 2023 03:02:28 PM Salik Company P.J.S.C. Partners with Arabian Automobiles Company to Enhance Customer Experience Dubai, October 30, 2023 – Salik Company P.J.S.C., the exclusive toll gate operator in the Emirate of Dubai, has forged a strategic partnership with Arabian Automobiles Company, the flagship entity of the AW Rostamani…

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Al Ansari Financial Services Shareholders Approve Interim Dividend Of 4 Fils/Share

PRESS RELEASE: BY ALANSARI ON NOV 02, 2023 Al Ansari Financial Services Shareholders Approve Interim Dividend Of 4 Fils/Share In a significant move, shareholders of Al Ansari Financial Services have given their approval for an interim dividend payout of 4 fils per share. The company, which held its inaugural General Assembly Meeting on November 1,…

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S&P BOLSTERS ASCANA’S RATING TO ‘A’ AFTERSUKOON’S GUARANTEE

Unlocking Success: Sukoon Insurance’s Guarantee Elevates ASCANA’s Rating In the dynamic landscape of insurance, trust and reliability are paramount. Companies strive not only to meet but exceed expectations, ensuring that their clients feel secure and supported. Such is the case with Sukoon Insurance, formerly known as Oman Insurance Company, and its subsidiary, Arabian Scandinavian Insurance…

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Beyon Money Signs MoU with MBME Pay

*MoU will lead to enhanced payment services in the UAE Press release: In a move set to revolutionize the financial technology sector, Beyon Money, a part of the Beyon Group, and MBME Pay, a leading payment service provider, have inked a Memorandum of Understanding (MOU) aimed at streamlining payment processes and enhancing customer convenience. The…

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First Milling Co. announces its Interim Financial Results for the Period Ending on 2023-09-30

PRESS RELEASE : FIRST MILLS ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 248,140 237,837 4.33 213,957 15.98 Gross Profit (Loss) 100,404 103,763 -3.24 87,994 14.1 Operational Profit (Loss) 70,731 74,766 -5.4 51,333 37.79 Net Profit (Loss) after Zakat and Tax 54,038 63,490 -14.89 34,908 54.8…

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Chimera S&P UAE UCITS ETF – Accumulating

BASED ON PRESS RELEASE: BY CHAE ON NOV 01, 2023 FUND OVERVIEW Chimera S&P UAE UCITS ETF – Accumulating (CHAE) Investment Objective:CHAE is an exchange-traded fund designed to closely track the performance of the S&P UAE BMI Liquid Capped 20/35 Index. It provides investors with exposure to the United Arab Emirates equity markets, allowing for…

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Etihad Atheeb Telecommunication Co. (GO) announces its Interim Financial Results for the Period Ending on 30-09-2023 (Six Months)

PRESS RELEASE: ATHEEB TELECOM ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 237.89 148.02 60.71 206.33 15.29 Gross Profit (Loss) 77.5 43.12 79.73 70.66 9.68 Operational Profit (Loss) 52.77 10.98 380.6 35.81 47.36 Net Profit (Loss) after Zakat and Tax 47.89 6.63 622.32 52.6 -8.95 Total…

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ADNOC DISTRIBUTION BOARD APPROVES $350 MILLION (AED1.285 BILLION) INTERIM CASH DIVIDEND FOR FIRST SIX MONTHS OF 2023, EQUIVALENT TO 10.285 FILS PER SHARE

ADNOC Distribution Announces Interim Dividend for 2023: A Testament to Growth and Commitment to Shareholders Abu Dhabi, UAE – September 26, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s leading fuel and convenience retailer listed on the Abu Dhabi Securities Exchange (ADX), has declared an interim dividend of $350 million (AED1.285 billion) for the…

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