Embarking on an eco-conscious journey, Germany emerges as a powerhouse in green finance, setting records, exceeding targets, and steering the world towards a sustainable future
This will be done through offering 14 million shares worth Dh10 each.
Announcements and sending invitations to shareholders will continue for a month starting from May 25 till June 24, where the IPO will take place in Dubai Islamic Bank, taking into account that the subscription will allow for one payment only.
AMAN's net profits for 2005 rose by 865 per cent to Dh82.04 million from Dh8.5 million in the 2004 financial year. The company's investment earnings increased 112 per cent to Dh144.08 million the previous year.
Furthermore, the company's assets grew by 134 per cent to Dh246 million compared to Dh105 million the previous year. The value of Insurance premiums paid increased by 77.5 per cent to Dh95 million.
Hussain Al Meeza, Managing Director of AMAN, said: Our impressive financial results for the year2005 has stemmed from our significant achievements during the year. The Company has launched several Sharaih compliant insurance and comprehensive health care services; it has also signed many strategic alliances with elite local, regional, and international partners to extend its suite of products and services. Under the visionary and aggressive leadership of our Board and dedicated operations of our highly qualified employees, we believe Aman is poised to reach more milestones in future."
Germany's ‘National Hydrogen Strategy’ exemplifies a bold and comprehensive approach to integrating hydrogen into its energy landscape
Move aligns with Sheikh Saud's commitment to providing those released with an opportunity to begin anew
The inmates of various nationalities were selected based on good conduct and behaviour
The percentage has increased by 10 per cent from the previous year
Randeep was dressed in a white traditional attire, while Lin looked gorgeous in her wedding ensemble, wearing a Potloi