Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Sharjah Economic Development Department processes 14,210 licenses during Q3

Sharjah Economic Development Department has processed more than 14,000 licenses in Q3.
  • The majority of the licenses processed belonged to the commercial sector, followed by professional.
  • The growth of business licenses confirms the strength of the local economy, Sultan Abdullah bin Hadda Al Suwaidi.

Sharjah Economic Development Department (SEDD) has processed 14,210 licenses submitted through its smart applications on its website as well as service centers during the third quarter of 2021.
Of the 14,210 licenses, 1,473 were issued licenses and the 12,737 renewed ones.
SEDD data said commercial licenses took the lead with 868 licenses, followed by professional (432), industrial (69) and e-commerce licenses (43).
A total of 7,795 commercial licenses were renewed in Q3, followed by professional (4,286) and industrial (504).
In addition, the number of renewed licenses for “Eitimad” domestic licenses reached 126, while the number of renewed e-commerce licenses was 25.
Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said the continued growth of business licenses confirms the strength of the local economy and the attractiveness of the investment environment.