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BUSINESS

BUSINESS latest

Aamal Company Q.P.S.C. (“Aamal”) Financial Results for the first quarter ended 31 March 2026
April 29th, 2026 - 03:54 GMT

Aamal Company Q.P.S.C. (“Aamal”) Financial Results for the first quarter ended 31 March 2026

The Board of Directors of Aamal Company Q.P.S.C. (“Aamal”), one of the region’s leading diversified companies, today announces its financial results for the first quarter ended 31 March 2026. Financial Highlights • Total revenue down 19.9% to QAR 464.8m (Q1 2025: QAR 580.3m) • Gross profit down 3.5% to QAR 124.2m (Q1 2025: QAR 128.7m) • Net profit attributable to Aamal equity holders down 11% to QAR 90.7m (Q1 2025: QAR 101.8m) • Reported earnings per share decreased 11% to QAR 0.014 (Q1 2025: QAR 0.016) • Net capital expenditure ...
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The UAE banks have added 1,116 workers year-to-date with local banks hiring 1,176 while foreign banks shedding 60 workers in the first 9 months of 2018. (Shutterstock)
November 6th, 2018 - 08:16 GMT

These Are the UAE Banks That Are Hiring and Firing

US Actions May Destabilize Oil Market. (Shutterstock)
November 6th, 2018 - 08:12 GMT

Russia Says US Actions Undermine Opec+ Efforts

The conference will address the continent’s social, economic and political challenges and the available incentives to promote business in Africa. (WAM)
November 6th, 2018 - 08:07 GMT

‘Africa Investment Conference’ Coming to Dubai

Hotels are increasingly looking out for local talent across operational and functional areas as part of their commitment to Emiratisation. (Shutterstock)
November 6th, 2018 - 08:00 GMT

UAE Hospitality Sector Pivotal in Emiratisation With Booming Hotel Industry

All products and services will remain the same under the FAB Islamic brand. (File/ photo)
November 6th, 2018 - 07:49 GMT

FAB Enters the Islamic Banking Arena

Bahrain has lower costs than any other Gulf Cooperation Council (GCC) country for cross-border internet connectivity, a critical metric for an ICT hub. (Shutterstock)
November 6th, 2018 - 07:44 GMT

Bahrain Leads the GCC's $1.5 Trillion Market in Terms of Doing Business

The impact of the sanctions was felt early on, with their announcement in May driving many companies to abandon Iran, causing the value of its currency to plummet. (Shutterstock)
November 6th, 2018 - 07:27 GMT

US Sanctions on Iran Go Beyond Oil

US top market for Turkish carpet exports, says head of carpet exporters association.
November 6th, 2018 - 07:17 GMT

Turkey Escorts the US on a $500 Million Carpet Ride, as Iran Sanctions Go Live

Iran Positive No One Can Replace Its Oil Output, Despite Saudi and US Claims. (Shutterstock)
November 6th, 2018 - 07:05 GMT

Iran Positive No One Can Replace Its Oil Output, Despite Saudi and US Claims

Transguard Group has announced the construction of new accommodation for 2,708 employees in Dubai South close to Jebel Ali port.
November 6th, 2018 - 06:54 GMT

Transguard Announces New Dh114 Million Staff Accommodation Complex

The Journey
November 6th, 2018 - 06:41 GMT

Three Films Distributed by MAD Solutions Screen at the Ishbilia Theatre and Art-Hub in November

Fawad Tariq-Khan, CEO of SHUAA Capital
November 6th, 2018 - 06:33 GMT

SHUAA Capital Registers Dh30.1 Million Q3 2018 Net Profit, the Group’s Highest Quarterly Profit Since 2008

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