Saifur Rahman

2 weeks ago | thearabianpost.com | Saifur Rahman

By Saifur RahmanThe Emirates Group reported an 18 percent growth in profit before tax exceeding US$6.2 billion (Dh22.7 billion) – a new record – in the financial year 2024-25. This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group. After accounting for the 9 percent tax charge, the Group’s profit after tax reached US$5.6 billion (Dh20.5 billion).

2 weeks ago | thearabianpost.com | Saifur Rahman

By Saifur RahmanWhen Ho Kwon Ping, a young Stanford drop-out, saw an abandoned tin mine in Thailand’s Bang Tao Bay in Laguna Phuket area in 1984, he didn’t know what to do with it as the land that was dimmed ‘useless’ by its former occupiers. It was a patch of a waste land with no activities then. In his Stanford days, he was a firebrand social activist.

Jan 20, 2025 | menafn.com | Saifur Rahman

Iraq To Use Sovereign Guarantees To Boost Investment And Trade 1/20/2025 12:18:47 AM (MENAFN- The Arabian Post) By Saifur Rahman Government of Iraq is undertaking a number of reforms including extending sovereign guarantees to boost foreign investment and trade to re-build its Economy badly affected from the Gulf War, sectarian strife, terrorism and COVID-19, a top official told delegates at a conference in Dubai.

Jan 19, 2025 | thearabianpost.com | Saifur Rahman

By Saifur RahmanGovernment of Iraq is undertaking a number of reforms including extending sovereign guarantees to boost foreign investment and trade to re-build its economy badly affected from the Gulf War, sectarian strife, terrorism and COVID-19, a top official told delegates at a conference in Dubai.

Nov 19, 2024 | thearabianpost.com | Saifur Rahman

By Saifur RahmanDubai’s state-owned publicly-listed utility Dubai Electricity and Water Authority (DEWA), reported a 6.2 percent growth in revenue reaching a record US$6.4 billion (Dh23.5 billion) and net profit of US$1.5 billion (Dh5.5 billion) in the first nine months of the year. DEWA, the share of which is traded on Dubai Financial Market also declared a US$844.6 million (Dh3.1 billion) dividend to shareholders.