Skip to main content Skip to footer 
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023

Total revenue increased 21 percent to $3.2 billion, from $2.6 billion in H1 2023

By 2023, PCFC had 600 employees, 96,000 clients, 400 suppliers, and 26 strategic partners

The operating environment score for the sector has been rated 'bbb+'

Before the March reforms, the pound was officially pegged at 30.85 to the U.S. dollar, but traded as low as 74 on the black market

This represents 31 percent increase YoY

Expenditure amounted to $61.25 billion, with a budget deficit of 3.6 percent

The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million

The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan

The company earned $116.52 million in profit before tax, a 6.3 percent increase from the same period in 2023

In April 2024, CBUAE's gold reserves reached $5.54 billion

The start of Q3 saw both output and new orders expand to a lesser degree

Challenges remain in education, housing, and hotels

Total foreign assets of both the CBE and commercial banks reached EGP3.634 trillion in June

The value of cheques cleared using the ICCS reached AED544.4 billion, distributed over 9.33 million cheques during the first five months of 2024

App's new trading options include market price, limit price, same-day trading, margin trading, short selling and conditional alerts

The Group's top-line growth contributed to a 9 percent YoY surge in EBITDA, which reached $243.94 million

Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion

Central bank issued an addition to an existing issue worth QAR500 million for a period of 28 days at an interest rate of 5.7954

The two countries agreed to develop economic partnership

Net profit from operations also surged to $1.38 billion, marking a 92 percent year-on-year increase

The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys

The surplus was directed towards reducing public debt, and therefore there is no cash surplus

The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume