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The deal was signed on June 23 and was closed on June 26, according to details available on the Dubai Financial Market website

Solid H1-2022 numbers set up Dubai Refreshments for faster medium-term gains

/PRNewswire/ -- The "GCC Food Market (Saudi Arabia, UAE, Oman, Kuwait, Qatar & Bahrain): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)"...

Go risk-off or pick up value or high dividend giving stocks

/PRNewswire/ -- The "GCC Food Market (Saudi Arabia, UAE, Oman, Kuwait, Qatar & Bahrain): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)"...

/PRNewswire/ -- The "GCC Food Market (Saudi Arabia, UAE, Oman, Kuwait, Qatar & Bahrain): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)"...

Dubai: The UAE’s Federal Tax Authority will have to re-compensate the F&B company Dubai Refreshments on administrative penalties imposed on it. This follows a judgement passed by the UAE Federal Supreme Court, which dismissed an appeal filed by FTA. This is considered to be the “first time the federal Supreme Court issued a judgement in favour of a tax payer,” said Baker McKenzie Habin Al Mulla, the lawyer for Dubai Refreshments, in a statement. The Federal Supreme Court stated the FTA �...

The DFM gained 1.66 per cent and ADX closed higher by 1.15 per cent in the week ended March 4. The top performers are Abu Dhabi Aviation (17.41 per cent), Emirates Driving Company (14.88 per cent), Al Dhafra Insurance (14.87 per cent), RAK National Insurance (13.98 per cent) and Dubai Refreshments Co. (13.64 per cent). Among banks, National Bank of Umm Al Qaiwain (NBQ) recently announced its earnings report for 2020. Predictably, the bank, which derives 84 per cent of its revenue from retail a...