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MEPRA to focus on Regional Expansion in 2023; Key Appointments Confirmed at 16th AGM

Abu Dhabi s Multiply Group reports net profit of Dh18 56 billion for FY 2022

Emirates News Agency - Multiply Group reports net profit of AED18 56 billion for FY 2022

ABU DHABI, 10th February, 2023 (WAM) Multiply Group, an Abu Dhabi-based investment holding company, reported AED18.56 billion in net profit for 2022, driven by the strong performance of the Group's investments and growth in its operating portfolio.Despite several global headwinds, most of its subsidiaries showed growth in operating profits in 2022, highlighting the strength of these businesses and the resilience of their industries. For example, Emirates Driving Company (EDC) grew by 51 percent; Viola Communications grew by 203 percent, supported by Post-COVID-19 spending on.

Multiply Group posted Dhs18 56b profit in 2022 despite headwinds

Nakheel s Palm Jumeirah ends 2022 with more global awards

Palm Jumeirah continues its award-winning streak, with more than 20 regional and international awards received by its destinations, assets and partner restaurants this year. AURA Skypool, the world’s highest 360-degree infinity pool in The Palm Tower, is the latest destination on Palm Jumeirah to receive international recognition with a

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