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Multiply Group, a technology-enabled holding company based in Abu Dhabi, on Friday announced that it will be investing Dhs367 million into the Dubai Electricity and Water Authority’s (DEWA’s) landmark initial public offering as a cornerstone investor.
The firm plans more acquisitions and expansion internationally, CEO Hamad Al Ameri told Reuters in an interview. It is actively exploring opportunities, particularly...
DUBAI : United Arab Emirates-based conglomerate Alpha Dhabi, the fourth most valuable listed company in Abu Dhabi, aims to roughly double its profit next year to 10 billion dirhams ($2.72 billion), its chief executive said on Thursday. The firm plans more acquisitions and expansion internationally, CEO Hamad Al Ameri told Reuters in an interview. It is actively exploring
Alpha Dhabi's high-profile deals in '21 deliver revenues of Dh18+
Alpha Dhabi, a top investment holding company in the UAE, has posted a record net profit of AED5.2 billion ($1.41 billion) for the financial year ending December 31, 2021, up significantly from AED218 million in 2020.