A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Deyaar Development, one of Dubai’s leading property developers and real estate service providers, on Thursday announced that it achieved a remarkable increase of 196 per cent in net profit to reach Dh66.9 million for the six months ended on June 30, 2022 compared to Dh22.6 million for the same period in 2021.
The company also recorded a 24 per cent increase in revenue to reach Dh369.4 million for the six months ended on June 30 in comparison to Dh297.4 million for the same period in 2021.
Saeed Al Qatami, CEO of Deyaar, said revenues from development activities have increased as "we started recognising revenues from the sales of our Regalia project", as the construction of the project is progressing according to schedule.
He said the hospitality portfolio performance continues to grow in line with the strong recovery of the tourism sector in the UAE.
“Last month, the company successfully executed its capital reduction to write off the accumulated losses, which will increase the company’s attractiveness to investors and will reflect positively on Deyaar’s share price in the Dubai Financial Market,” Al Qatami added.
— muzaffarrizvi@khaleejtimes.com
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call
The application will be operational from Thursday, August 1
Prices for affordable apartments in popular areas have witnessed a rise of up to eight per cent compared to the second half of 2023
Residents have been warned not to approach the area
The number of arrests in days of violence in the country passed the 2,500 mark in an AFP tally
This new store in Fujairah is the second of its kind in the UAE, following the successful launch of the small store concept in Al Wahda Mall in 2020