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HuaweiRevenue plunged to Dh7.3 billion, down Dh1 billion or 12 per cent, from 2014, the Dubai-based company said in a statement. It cited the "difficult environment that the regional construction market is facing" for the loss and said it is seeking to further reduce costs.
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The growth plans include ongoing renovation of two major service stations in Dubai Internet City and Oud Metha and the construction of 54 more stations in Dubai.
The new hypermarket is located in Almaty's Grand Park Mall and offers more than 30,000 items, including fresh produce and groceries, home appliances, sporting goods and leisure equipment, and textile products.
Citing the current economic environment, National Store currently has no plan to expand regionally.
A growing and increasingly wealthy population also means that cases of lifestyle diseases such as diabetes are rising sharply.
MEG's most recent acquisition of MGM will create the largest glass packaging manufacturers in Egypt.
Damac Properties has a wide range of stylish living options across Dubai, including private villas, townhouses and apartments within its two golf course communities, Akoya by Damac and Akoya Oxygen, a limited edition collection of fashion branded homes in collaboration with global brands such as Versace, Fendi, Paramount Hotels & Resorts, and Bugatti as well as hotel apartments and hotels which allow individual investors to capitalise on the emirates booming tourism sector.
The MoU will enable the regulatory authorities to co-operate on supervisory matters and exchange of information to maintain the stability.
Financial results reflect the company's continued progress on expanding its operations and income derived from its 2015 acquisitions, delivering Dh87.16 million in total revenue for the period and Dh3.88 million Ebitda on an adjusted basis.
The first contact between Adia and Sigma was initiated in 2013 during the InPeru investment road show, arranged by the Trade and Investment Office of Peru in the UAE.