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ADNIC achieves net profit of AED205.2 million for H1-24

Abu Dhabi National Insurance Company (ADNIC) has announced that for the six-month period ended 30th June 2024, profit before tax has grown by 10% year-on-year to AED224.3 million, while net profit reached AED205.2 million.

In a press release on Frida…

Ajman Economic Department organises Media Forum 2024

The Department of Economic Development organised the ‘Media Forum 2024’ on Thursday coinciding with the closing ceremony of the “Economic Media Pioneers” diploma, a specialised diploma for young cadre

The forum was attended by the department’s partne…

Russia legalises cryptocurrency mining in Russia

Russian President Vladimir Putin has signed a law legalising cryptocurrency mining in Russia.

According to the Russian News Agency (TASS), the law introduces new concepts, including digital currency mining, mining pool, mining infrastructure operator…

Russia’s trade surplus in H1 2024 grows 16% to $76.7 bn

Russia’s trade surplus in the first half of 2024 reached US$76.7 billion, growing 16.2 percent year-on-year, data from the country’s Federal Customs Service showed on Friday???.

Sputnik reported that total Russian exports during January-June amounted…

France’s jobless rate falls in second quarter

France’s unemployment rate dropped in the second quarter, data from the statistical office INSEE showed on Friday.

DPA reported that the jobless rate fell unexpectedly to 7.3 percent from 7.5 percent in the first quarter. The rate was forecast to rem…

Al Ansari’s net profit totals AED205 million in H1 2024

Al Ansari Financial Services PJSC, one of the leading integrated financial services groups in the UAE, today reported its financial results for the first half of 2024, logging AED205 million in net profit after tax.

In H1 2024, the group recorded AED…

Union Coop reports financial performance for H1 2024

Union Coop has announced its financial results for the first half of 2024, demonstrating a 5% increase in semi-annual revenues compared to the previous year. The cooperative achieved a 32.3% growth in net profits and expanded profit margins across its…

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