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Gulf Insider
11-05-2025
- Entertainment
- Gulf Insider
Dubai Parks and Resorts Announces Two-Week Discount for Residents
Dubai Parks and Resorts has launched a special offer for UAE residents, providing access to one theme park for AED199 per person from May 9 to 25, 2025. Residents can choose from four parks: MOTIONGATE Dubai, Real Madrid World, LEGOLAND Dubai, or LEGOLAND Water Park. MOTIONGATE Dubai, the region's largest Hollywood-inspired theme park, features 29 rides and attractions based on popular films. Visitors can experience rides such as John Wick: Open Contract, Now You See Me: High Roller, and Capitol Bullet Train from The Hunger Games. Family options include Smurfs Studio Tours, Hotel Transylvania, and Kung Fu Panda: Unstoppable Awesomeness. Real Madrid World, the first theme park dedicated to the football club, offers attractions including Hala Madrid Coaster, Stars Flyer, and La Fábrica Training Pitch. The park aims to appeal to visitors regardless of their interest in football. LEGOLAND Dubai targets families with children aged 2-12, featuring 40 rides and attractions across six themed lands. The park combines play with creativity through LEGO-inspired experiences. For those seeking water-based activities, LEGOLAND Water Park offers slides, a Wave Pool, and a water playground. Attractions include the Red Rush slide and a lazy river where visitors can float on LEGO rafts. The promotional rate applies to both online bookings and purchases at the gate. Further information and bookings are available at the Dubai Parks and Resorts website.
Sharjah 24
18-04-2025
- Business
- Sharjah 24
Ammar bin Humaid chairs board meeting of Ajman Bank
Review of financial and administrative matters The board discussed several financial and administrative matters, reviewed routine business activities, and issued its decisions accordingly. Strong Q1 2025 financial performance Ajman Bank achieved a Profit Before Tax of AED145 million in Q1 2025, reflecting a 24% year-on-year increase. The Bank also reported Net Operating Income of AED199 million, a 2% rise compared to the same period in 2024. These results reflect the bank's focus on recoveries, cost rationalisation, and efficiency through digitisation and automation. Robust balance sheet growth The bank's solid results were supported by strong balance sheet metrics: Total assets: AED25 billion (up 7%) Customer deposits: AED21 billion (up 8%) Total shareholder Equity: AED3.1 billion Enhanced capital position and asset quality Ajman Bank's capital strength and asset quality continue to improve: Capital Adequacy Ratio (CAR): 18.2% Tier 1 Capital: 17.0% Return on Equity (ROE): 17.4% (up 161 bps) Return on Assets (ROA): 2.3% (up 49 bps) Non-Performing Loan (NPL) Ratio: 9.7% (down from 9.9%) Sheikh Ammar highlights bank's role in vision for Ajman Sheikh Ammar praised Ajman Bank's progress, highlighting its role in shaping resilient and inclusive economies. He commended the board, management, and team for their contributions and professionalism, stating the bank's performance is not only a result of strong governance but also reflects its greater purpose and vision for the UAE's economic success. CEO Mustafa Al Khalfawi on transformation and future growth Ajman Bank CEO Mustafa Al Khalfawi noted that the Q1 2025 results underline the strength of the bank's transformation journey. He reaffirmed Ajman Bank's focus on innovation, customer-centric services, and long-term value for shareholders. Al Khalfawi thanked the board, staff, and customers for their ongoing trust and support. Outlook for sustainable growth Backed by a resilient UAE economy and a strong financial foundation, Ajman Bank is well-positioned to sustain its growth trajectory and deliver long-term profitability through 2025 and beyond.
