Latest Threads

The consolidated financial statements of Ooredoo Q.P.S.C for the nine months ending September 30, 2024, show the following key elements: Total non-current assets decreased by 3% to QR 40,056 million, while total current assets increased by 9% to QR 18,685 million, resulting in a total assets increase of 1% to QR 58,741 million. Total current liabilities decreased by 6% to QR 10,653 million, and total non-current liabilities decreased by 7% to QR 15,207 million, leading to a total liabilities decrease of 6% to QR 25,860 million. Shareholders' equity rose by 8% to QR 32,881 million. In terms of profit and loss, total revenue increased by 2% to QR 17,657 million, net operating profit rose by 11% to QR 4,444 million, and profit attributable to shareholders grew by 10% to QR 2,923 million. Earnings per share increased by 10% to QR 0.91.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, has announced that its Board of Directors has approved the company's consolidated financial statements for the three-month period ending September 30, 2024. This decision was made following a recommendation from the company's Audit Committee during a meeting on October 29, 2024. The approval was finalized by circulation on October 30, 2024. The notification was addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority. The announcement was signed by Saqib Muhammad Sabir Awan, Secretary of the Board.

The Management Discussion & Analysis report for the first nine months of 2024 financial results was released in Abu Dhabi, UAE, on October 30, 2024.

Modon Holding P.S.C has announced that the first phase of its new freehold development, Maysan, on Reem Island in Abu Dhabi, sold out within hours of its launch. This phase includes two districts, Mayar and Thoraya. Mayar introduces stacked maisonettes to Abu Dhabi, while Thoraya addresses the demand for townhouses. The project, open to buyers of all nationalities, covers over 600,000 square meters and is designed with boutique-style living in mind. It features 132 stacked maisonettes and 185 townhouses, highlighting strong investor confidence in Modon's quality offerings. Maysan aims to create a vibrant community with curated lifestyle amenities and will eventually include six residential districts with homes ranging from three to five bedrooms. The development promotes wellness and healthy living, with features like a walkable green spine, community center, and beach and park access. The development targets a diverse range of consumers, including families, professionals, investors, and expats.