Labour has been consulting investors about closing a tax break on carried interest ahead of a wider budget announcement in October
Multiply Group, a leading Abu Dhabi-based investment holding firm, has announced its financial results for the second quarter of 2024, logging a 60 percent revenue growth year-on-year (YoY) across its operating portfolio to Dh442 million.
The group's net profit (excluding fair value changes) reached Dh319 million, up 49 percent YoY, largely led by the consolidation of new acquisitions as we deliver on our vertical building strategy.
Blended gross profit margin remained healthy at 43.5 percent, reflecting the change in revenue mix with increased contribution from the Media vertical post new acquisitions (33 percent of Q2'24 revenue versus 8 percent in Q2'23). Investment and other income including dividend income was at Dh218 million.
Labour has been consulting investors about closing a tax break on carried interest ahead of a wider budget announcement in October
Interior design is about creating spaces that enhance human well-being
Hotel occupancy rates at 80% were the highest in the region
GCC banks have consistently maintained a higher return on equity
FCA asks senior leaders to take personal responsibility for ensuring rules have been complied with
The deal has come under increasing criticism from U.S. politicians
Several checks and balances are already in place to monitor overseas investments
A spokesman for the brand, part of Volkswagen group , on Tuesday described Longo as a person of 'great integrity, culture, capability and sensitivity'