RAK Properties sees profit slide as expenses rise
Abu Dhabi- Arabstoday
RAK Properties, the developer that built Ras Al Khaimah’s first manmade islands, said Sunday that third quarter profit had declined 55 percent as expenses rose. Net income dropped to AED30.3m ($8.2m) from AED67.5m a year earlier, the firm said in a statement to the Abu Dhabi Securities Exchange. Impairment on available-for-sale investments climbed to AED15m from AED3.2m, while expenses increased to AED14.4m from AED6.5m. Profit during the first three quarters of the year declined 40 percent to AED60m.
GMT 00:37 2018 Wednesday ,24 January
Bitcoin slumps below $10,000GMT 22:49 2018 Tuesday ,23 January
Sharjah apartment rents see steep decline in 2017GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public fundsGMT 22:27 2018 Monday ,22 January
Jafza bridge benefits trade, logistics supply chainGMT 22:21 2018 Monday ,22 January
Damac chairman to speak on digital skillsGMT 10:55 2018 Monday ,22 January
Bahrain-Indian economic ties discussedGMT 22:42 2018 Saturday ,20 January
'Massive' infrastructure spending needed in AfricaGMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private Company
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 15:05 2017 Thursday ,08 June
UAE Weather: Temperature set to touch 46°C todayGMT 09:21 2012 Friday ,13 April
Chances of rain in the UAE
GMT 21:13 2017 Friday ,17 February
Avalanche kills 7 soldiers in Southern Kazakhstan mountainsGMT 18:01 2011 Saturday ,12 November
Masdar set to launch Seychelles wind farm by end-2011
GMT 03:51 2017 Thursday ,09 March
Free refills from soda fountains no longer on tap in France
GMT 17:11 2017 Sunday ,19 November
South Africa eyes 2023 Rugby World Cup
GMT 21:22 2017 Saturday ,10 June
Moroccan minister
GMT 07:28 2017 Tuesday ,07 November
Now,Dubai cafes introduce special food
GMT 12:38 2016 Monday ,14 November
2016 'very likely' hottest year on record
GMT 08:03 2017 Thursday ,02 November
Abdou blames targeting Khan Yonis
GMT 10:51 2017 Thursday ,23 March
Fire damages historic Ottoman mosque in Greece
GMT 05:14 2024 Wednesday ,07 February
Sophisticated Classic Dining Room Design Ideas
GMT 14:12 2016 Monday ,07 March
North Korea threatens nuclear attack as US, Seoul start drills
GMT 20:15 2017 Wednesday ,22 March
Germany 'stands resolutely' with Britain in terror fight
GMT 00:14 2017 Friday ,13 October
Army kills mercenaries in Kahbob, Lahj
GMT 19:04 2017 Thursday ,08 June
Qatar sympathisers in Bahrain to face fine, jail
GMT 14:29 2017 Wednesday ,02 August
Man City winger Navas returns to Sevilla
GMT 10:51 2017 Friday ,26 May
Labour Minister meets Thai envoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor