Page 37 - Union Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UAE and other Gulf stocks opened the day on a higher note riding on optimism created by the US recording a surge in employment data for March. The numbers suggest that US business activity is coming back thanks to stimulus packages and a robust COVID-19 vaccination campaign. The investors are upbeat as any turnaround in the world's biggest economy will have spillover impacts, propelling global stock markets upward on Monday. Soaring on divestiture Abu Dhabi Securities Exchange soared 1.1 per cent at 6,016 points in yet another stellar performance on its seventh day of consecutive gains. The ...

ServeU to source HR and services for UK pavilion DUBAI, 2 hours, 19 minutes ago ServeU, a subsidiary company of Union Properties, has been awarded the Human Resources (HR) and staffing services contract for the United Kingdom's pavilion at Expo 2020 Dubai. The UK Department has been awarded the contract for the Pavilion for International Trade.   As part of the collaboration, ServeU, along with its subcontracting partners Talents UAE, Big Fish, and Beyond limits, will be responsible for providing overall HR and staffing services, including Pavilion and guide management, cleaning, securit...

ServeU wins HR services contract for UK pavilion DUBAI, 1 hours, 18 minutes ago ServeU, a subsidiary company of Union Properties, has been awarded the Human Resources (HR) and staffing services contract for the United Kingdom's pavilion at Expo 2020 Dubai. The UK Department has been awarded the contract for the Pavilion for International Trade. As part of the collaboration, ServeU, along with its subcontracting partners Talents UAE, Big Fish, and Beyond limits, will be responsible for providing overall HR and staffing services, including Pavilion and guide management, cleaning, security, ...

DIB traded at multi-week low after the latest earnings lagged

Dubai: Stake sales and a company-wide restructure helped Union Properties – developer of Motor City – head back into profits. The company confirmed Dh200.1 million as net profit as against the Dh224.3 million loss sustained in 2019. The new strategy has reduced accumulated losses and “noticeably” increased shareholder equity by 6.4 per cent to Dh2.89 billion, the company said in a statement. Asset value totalled Dh5.99 billion. “The massive reduction in operating costs compared to previous years” also helped script the turnaround, according to Khalifa Hasan Al Hammadi, Chairman. L...