9 Lebanese Just Ranked Among The Most Powerful Businesswomen
Forbes Middle East unveils the Top 100 Most Powerful Businesswomen for 2024, celebrating women leaders making waves in various industries.
Source: the961.com
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ADX-listed Multiply's 2023 net profit slides to Dh580m from Dh18.56 billion
Investment firm says 'fair value' changes brought on massive drop
Source: gulfnews.com
UAE markets end lower on decline in financial, industrial stocks
Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious ahead of the U.S. Federal Reserves...
Source: marketscreener.com
Multiply Group's beauty anchor, Omorfia Group Acquires 100% of The Juice Spa and Salon
In a strategic move to bolster its position in the beauty industry, Omorfia Group, the beauty anchor of Abu Dhabi-based investment holding company Multiply Group, has announced the acquisition of 100% of The Juice Spa and Salon. This acquisition is a testament to Omorfia Group’s strategic vision of growth through bolt-on investments, further solidifying its foothold in the UAE’s beauty sector.
Faris Al Dhaheri Juice Lounge Spa And Beauty Center Omorfia Group Abu Dhabi Based Multiply Group Juice Spa
Source: eyeofarabia.com
Multiply Group Q3 net profit shoots up 337pc to $90.12m
Multiply Group’s third-quarter (Q3) net profit excluding fair value changes has shot up 337% to AED331 million ($90.12 million) compared to the same quarter of 2022 spurred by organic growth across its four core verticals.
Saudi Arabia United Arab Emirates Abu Dhabi Group Wellness Beauty Consultants Driving School Digital Campaign
Source: tradearabia.com
Abu Dhabi's Multiply Group nails 199% gain in 9-month 2023 net profit to Dh811.1m
This growth was bolstered by dividend income amounting to Dh194.37 million
Source: gulfnews.com
Most Gulf shares rise on strong oil; Mideast conflict in focus
Saudi Arabias benchmark index edged up 0.1%, supported by gains in most sectors, with oil major Saudi Aramco adding 0.5% and Company for Cooperative Insurance surging 3.7%
Source: indiatimes.com
Abu Dhabi's Chimera, Partners Launch alt investor Lunate
Lunate, a newly set up Abu Dhabi-based alternative investment manager, said on Thursday it was launching with over $50 billion in assets under management (AUM) and a focus on private markets. Lunate is led by Khalifa Al Suwaidi, Murtaza Hussain and Seif Fikry, its co-managing partners. "The creation of Lunate follows a multi-party effort to establish an independent investment manager of scale and breadth, headquartered in Abu Dhabi and serving global markets," Lunate said in a statemen...
Source: aawsat.com
UAE shares end higher on strong oil, China optimism - Markets
Stock markets in the United Arab Emirates rose on Friday, tracking higher oil prices and optimism that the Chinese...
United Arab Emirates Saudi Arabia Sheikh Tahnoon Alpha Dhabi Abu Dhabi International Holding Company
Source: brecorder.com
Abu Dhabi's Chimera, partners launch alternative investor Lunate with over $50b AUM
Lunate, a newly set up Abu Dhabi-based alternative investment manager, said on Thursday it was launching with over $50 billion in AUM.
Source: dealstreetasia.com