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Nafis program: Majid Al Futtaim Group to hire 3,000 Emiratis gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
Calligraphy exhibition attracts aesthetes gulftoday.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulftoday.ae Daily Mail and Mail on Sunday newspapers.
Dubai: Dubai-based mall operator Majid Al Futtaim said its 2020 revenue fell 7 per cent year-over-year to Dh32.6 billion due to the impact of the COVID-19 pandemic. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA), declined by 19 per cent to Dh3.8 billion in the same period. “Despite the extraordinary events of 2020, Majid Al Futtaim’s full year performance demonstrated the resilience of our people and business model, diverse portfolio, operational agility, proactive investments and prudent financial risk management,” said Alain Bejjani, Majid Al Futtaim’s Chief Executive Officer, in a statement on Wednesday. The pandemic resulted in business interruptions, such as temporary asset closures, travel and movement restrictions, and supply chain challenges, and when combined with more cautious consumer sentiment, resulted in varying degrees of impact across the company, the company said. ....
Dubai: Covid-19 PCR tests won't be available at these centres khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.