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2018 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

November 16, 2018 no comments 85
Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has delivered a strong performance with an eight per cent year-on-year increase in revenue which hit Dh1.5 billion ($408 million) and a steady y-o-y gross profit of Dh581 million ($158 million), reflecting the...

November 15, 2018 no comments 96
Developer Arada has announced plans to create one of the UAE's smartest cities at Aljada, the urban project located in the heart of Sharjah Developer Arada has announced plans to create one of the UAE’s smartest cities at Aljada, the urban mega project located in the heart of Sharjah....

November 15, 2018 no comments 87
Giant truffle will be used in an estimated 650 dishes by Roberto's in Dubai International Financial Centre The world's largest white truffle has reportedly been sold to a Dubai-based Italian restaurant for AED187,000 ($50,910). The enormous fungus was discovered in the Tuscan...

November 15, 2018 no comments 99
The amount that ADNOC spends on local goods and services is expected to increase even further in the coming years ABU DHABI - The Abu Dhabi National Oil Company (ADNOC) today announced that its In-Country Value (ICV) spend for the year 2018 will be over AED18 billion. This represents a...

November 15, 2018 no comments 81
Revenue rose 10% DUBAI- First-half profit at Emirates plunged to its lowest in a decade, hit by higher fuel costs and unfavourable currency moves, and the Gulf airline said it faced a tough six months ahead. The Dubai-based carrier, which warned earlier this week that earnings...

November 15, 2018 no comments 87
Theme parks operator reduces losses but still a long way from breakeven DXB Entertainments' strategic review of its phase 2 expansion project to bring a 2.6 billion UAE dirham ($708 million) Six Flags theme park to Dubai involves "revisiting the assumptions that were made in the...

November 14, 2018 no comments 106
Emaar unit posts 54% surge in nine-month revenue while net profit increases by 19% Emaar Development, the build-to-sell property development business majority-owned by Emaar Properties, on Tuesday recorded a growth in net profit of 19 percent during the first nine months of 2018 to...

November 14, 2018 no comments 96
Developer Nakheel says non-residential revenue now accounts for 40% of its total and continues to grow Nakheel on Wednesday announced a net profit of AED3.86 billion ($1.05 billion) for the first nine months of 2018, down from AED4 billion in the same period last year....

November 14, 2018 no comments 125
Dubai Holding, Meraas sign joint venture agreement with the operator of the largest chain of marinas in the Eastern Mediterranean Dubai is seeking to become a global capital for luxury yacht marinas following the signing of a joint venture with the operator of the largest chain of...

November 14, 2018 no comments 102
Emaar boss Mohamed Alabbar says investors 'need to be realistic' Dubai’s property market is going through a cycle that has led to a drop in prices, according to Emaar chairman Mohamed Alabbar. But in an interview with Arabian Business , Alabbar hit back at suggestions that the...
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