Browsing: Business
Burjeel Holdings reported Q3 2024 revenue growth of 14%, reaching AED 1.3 billion due to increased patient volume and strategic expansions, aligning with UAE healthcare goals.
IATA reports global air cargo demand grew 9.4% in September 2024, continuing a robust trend of 14 consecutive months of growth, driven by high international operations.
Russia’s Deputy Industry and Trade Minister, Mikhail Ivanov, confirmed UAE as Russia’s largest energy partner in MENA, highlighting extensive collaborations showcased at ADIPEC 2024.
Aldar has launched Mamsha Gardens on Saadiyat Island, featuring 493 homes across seven buildings with restaurants, retail, and community theatre. Sales open November 9 for all nationalities.
The Central Bank of the UAE reported a 0.6% increase in M1 money supply, reaching AED889.3 billion by July’s end, along with gains in M2 and M3, reflecting steady growth in the financial sector.
The IMF forecasts Austria’s economy to rebound with a projected 1.1% growth in 2025 following a contraction of 0.6% this year, aligning with Austrian economic institutions’ cautious optimism.
Apple’s record revenue in India reflects growing demand for iPhones and services, with CEO Tim Cook highlighting a September quarter record and plans to open four new stores in the country.
UAE markets saw 764 major deals totaling AED58 billion this year, led by ADX with 95% of the value. The largest transaction involved TAQA, worth AED22.4 billion.
Japan imported 72.87 million barrels of oil in September, with UAE and Saudi Arabia accounting for 81.4%, emphasizing GCC nations’ dominance in Japan’s energy needs.
PureHealth achieved AED1.4 billion in net profit with a 56% revenue boost to AED19 billion for 2024, fueled by strategic acquisitions and increased demand in UAE hospital segments.