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
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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.
Source: eyeofarabia.com