Salik Reports Q1 2024 Revenues of AED 562 million, Up 8.1% YoY
The Board of Directors of Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, chaired by His Excellency Mattar Al Tayer, Chairman of the Board, today announces the Company’s financial results for the three-month period ended March 31, 2024 (“Q1 2024”). Salik continued to deliver strong top-line performance in the first quarter […]
Emirates Group reports best-ever financial performance with record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year
Group reports best-ever financial performance with record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets. Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses. Ends year with highest-ever cash […]
Mohammed Bin Rashid: Hails Emirates Group as Beacon of Excellence in Dubai’s Economic Journey
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, commended the remarkable success of the Emirates Group as it released its Annual Report for the fiscal year 2023-2024. The report showcased the Group’s stellar financial performance, marked by record profitability and a steadfast commitment […]
Maktoum bin Mohammed issues decision appointing new members to Dubai Financial Services Authority’s Board of Directors
His Highness: The new appointments to the DFSA’s Board of Directors reinforce the emirate’s approach to consolidating its position as one of the world’s leading financial and business centres, aligning with the vision of Mohammed bin Rashid His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister […]
Hamdan bin Mohammed approves second phase of Dubai’s heritage architecture preservation project
His Highness: The project reflects Mohammed bin Rashid’s vision to raise the emirate’s profile as a global cultural destination – Project aims to protect architecture that holds significant historical relevance and tells the story of Dubai’s past – Second phase focuses on the preservation of 35 areas, sites, and buildings dating from the 1960s to the […]
UAE welcomes UN vote that supports granting Palestine full membership
The UAE welcomed the vote by the United Nations General Assembly with an overwhelming majority of votes in favor of supporting granting the State of Palestine full membership and requesting the Security Council reconsider the State of Palestine’s application for membership. The Resolution constitutes a historic step towards the path towards peace and achieving the […]