Ras Al Khaimah News Official News
DUBAI: Watania International Holding PJSC (DFM: WATANIA; ‘WIH’ or the ‘Company’), reported today a net profit of AED 7.9 million as part of its preliminary consolidated results for the first half of 2024 ended 30 June.
Financial Updates (H1 2024):
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ABU DHABI: Initial public offerings (IPOs) in the UAE markets raised US$890 million in the second quarter (Q2) of this year, according to a recent economic report.
The PwC Middle East’s latest IPO+ Watch said that notable IPOs in the second quarter i…
BEIJING: China’s Central Bank announced an increase in the relending quota for the agricultural sector and small enterprises located in 12 provincial-level regions that have been ravaged by floods.
According to Xinhua, the relending quota will expand…
ALGIERS: Algeria’s economic recovery is strengthening and its gross domestic product (GDP), which increased by 3.6 percent in 2022 and 4.2 percent in 2023, is set to be 4.0% in 2024 and 3.7% in 2025, according to the African Development Bank Group’s C…
AMMAN: The Jordanian economy offered 95,342 job opportunities in 2023 compared with 89,500 in 2022, Minister of Government Communication Muhannad Al-Mubaideen said.
Mubaideen said during the Government Communication Forum that the increase entails a …
ABU DHABI: Abu Dhabi National Energy Company PJSC (‘TAQA’ or ‘the Group’) reported its earnings for the period ending 30 June 2024. TAQA delivered solid financial results, supported by stable returns from its Transmission and Distribution business and…
BEIJING: China’s Central Bank conducted 369.2 billion yuan (about 51.7 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.
The move aims to keep liquidity reasonable and ample in the banking system, the cent…
ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, announced today that the Abu Dhabi real estate market has recorded a remarkable 225% surge in foreign direct investment for the first h…