Category: Industry

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Response Plus Holdings PJSC Reports Impressive 3rd Quarter 2021 Financial Results

Business & Lifestyle Publishing

Gross Profit recorded at AED 60.1 million with achieved revenue of AED 197.7 million over the first nine months of 2021 Response Plus Holding PJSC (RPM), UAE’s largest provider of on-site healthcare management reports an impressive Q3 performance for the period ending September 2021. The company, a unit of ADX-listed Alpha Dhabi (subsidiary of International Holding Company ‘IHC’) has reported a net profit at AED 40.1 million for the 1st three quarter reflecting a year-on-year growth of 817% which is the outcome of the of the transformative changes incorporated this year. The dynamic team at RPM achieved a revenue of … Continue reading Response Plus Holdings PJSC Reports Impressive 3rd Quarter 2021 Financial Results

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Institutional Investors Poll 2021 Names EFG Hermes Research Top Frontier Research House, #2 MENA Research House for Fourth Consecutive Year

Business & Lifestyle Publishing

EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today that its Research Division has been named the top frontier research house and the second-best in the MENA region for the fourth consecutive year in the Institutional Investor Poll 2021. It was also ranked 7th in the Emerging EMEA space.   EFG Hermes analysts dominated the rankings, with five of the top 16 MENA analysts and three of the top five frontier analysts coming from the Firm. “I’m incredibly proud of the work the team has put in to solidify our offerings, which has allowed us … Continue reading Institutional Investors Poll 2021 Names EFG Hermes Research Top Frontier Research House, #2 MENA Research House for Fourth Consecutive Year

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EFG Hermes delivered a second consecutive quarter of stellar performances across its operations and recorded a 20% Y-o-Y increase in revenues in 2Q21

Business & Lifestyle Publishing

The Group’s bottom-line maintained its upward trajectory and booked a solid 24% Y-o-Y increase to EGP 406 million in 2Q21 EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported today its second quarter results for 2021. EFG Hermes’ revenues grew by 20% Y-o-Y to EGP 1.6 billion in 2Q21, driven by an outstanding performance from the Investment Bank and the NBFIs platform, delivering a solid 66% Y-o-Y increase in revenues from fees and commissions to EGP 1.1 billion in 2Q21. “Our second quarter results showcase EFG Hermes’ ability to swiftly capitalize on improved market conditions and … Continue reading EFG Hermes delivered a second consecutive quarter of stellar performances across its operations and recorded a 20% Y-o-Y increase in revenues in 2Q21

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Adyen expands its acquiring offering to the United Arab Emirates

Business & Lifestyle Publishing

ADYEN (AMS:ADYEN), the payments platform of choice for many of the world’s leading companies, today announced the expansion of its local acquiring services to include the United Arab Emirates (UAE), illustrating its commitment to the Middle East region. With acquiring capabilities in the UAE, Adyen provides both domestic and international businesses with an improved payments solution, allowing for higher authorization rates and improved shopper flows with less friction. Among the first merchants benefitting from Adyen’s acquiring offering are Foodics, Fabergé and HMSHost. In the UAE, Adyen supports businesses with the same range of products and features as in other regions, … Continue reading Adyen expands its acquiring offering to the United Arab Emirates