Latest news with #KhalidAnib
Zawya
12-05-2025
- Business
- Zawya
Abu Dhabi National Hotels delivers solid financial performance in Q1-25, key appointments unveiled
Abu Dhabi – The net profits of Abu Dhabi National Hotels (ADNH) plummeted to AED 156.40 million in the first quarter (Q1) of 2025 from AED 1.02 billion a year earlier. Revenues from contracts with customers hiked by 94% year-on-year (YoY) to AED 881.45 million in Q1-25 from AED 454.76 million, according to the financial results. Basic and diluted earnings per share (EPS) attributable to ordinary equityholders stood at AED 0.01 in the first three months (3M)of 2025, compared to AED 0.08 as of 31 March 2024. Khalid Anib, CEO of ADNH, commented: 'With the successful integration of recent acquisitions and growing demand for both hospitality and catering, we are well-positioned to sustain our momentum throughout the year.' As for 2024 dividends, the company will pay out AED 567 million to shareholders on 8 May 2025. Key Appointments The board appointed Khalaf Sultan Rashed Saeed Al Dhaheri as the Chairman, while Ahmed Mohamed Sultan Suroor Al Dhaheri was named as the Vice Chairman and Managing Director. In the 12-month period that ended on 31 December 2024, the ADX-listed group posted 216% YoY higher net profits at AED 1.33 billion, compared to AED 422.51 million. Source: Mubasher
Gulf News
17-04-2025
- Business
- Gulf News
Jury announced for 2025 Edition of Excellence Awards by Gulf News and BeingShe
Behind every powerful platform that celebrates women is a community of changemakers who believe in their strength. For an event as meaningful as the Excellence Awards 2025, it takes a jury that embodies the very values the awards stand for — leadership, vision, and purpose. Gulf News, in partnership with BeingShe, has officially revealed the jury panel for the fifth edition of the Excellence Awards, scheduled for June 14, 2025, in Dubai. This year's esteemed jury includes Dr. Sonia Ben Jaafar, CEO of the Abdulla Al Ghurair Foundation; Khalid Anib, CEO of Abu Dhabi National Hotels; Omer Elamin, President of Orient Group; Salima Gutieva, Vice President and Country Manager, Visa UAE; Samia Bouazza, Group CEO and Managing Director of Multiply Group; and Dr. Aisha bint Butti bin Bishr, former Director General of Smart Dubai. With more than 20 major award categories, this year's awards allow nominees to choose sub-categories aligned with their expertise. A new addition this year is the 'Women Under 30 – Rising Stars of the Future' category, dedicated to highlighting the next generation of bold, purpose-driven women. The announcement of the jury adds further momentum to the event, bringing together voices from across sectors who are passionate about recognising and empowering women. What moved me to join the jury panel this year was the opportunity to listen to and learn from women whose journeys reflect courage, creativity, and purpose,' said Dr. Sonia Ben Jaafar, CEO of the Abdulla Al Ghurair Foundation. 'The Excellence Awards offer a space to shine a light on stories that often go unheard, particularly those of young women who are already shaping their industries in meaningful ways. Recognition can be a powerful motivator when it comes from a place of authenticity. What matters most is that these moments of celebration help open doors, widen networks, and build confidence — not just for the winners, but for every woman who sees herself reflected in their story.' Khalid Anib, CEO of Abu Dhabi National Hotels, noted: 'The Excellence Awards play a vital role in empowering women in the UAE. Creating visibility and celebrating the achievements of those who are making a difference in various sectors, the awards are also a source of inspiration for the next generation of leaders. Being part of the jury panel allows me to witness the incredible talent, resilience, and vision that women across the UAE bring to the table. It's deeply rewarding to be in a position where I can support and contribute to a culture that celebrates ambition, empowerment, and inclusion.' 'I am thrilled to be a part of the esteemed jury panel for the Excellence Awards 2025,' said Omer Elamin, President of Orient Group. 'I believe the Excellence Awards have a significant impact on empowering women in the UAE. These awards shine a spotlight on the remarkable achievements of exceptional women entrepreneurs, ensuring they receive the recognition and appreciation they deserve. Being a firm believer in the leadership capabilities of women and their vital role in society, I am inspired to contribute to this selection process. I am eager to share my perspectives and support the acknowledgment of these outstanding women.' 'It's an honour to join the jury for this year's Excellence Awards,' said Salima Gutieva, Vice President and Country Manager, Visa UAE. 'From business and technology to healthcare, the arts, and public service, these awards shine a light on the women leading change across the UAE. It's inspiring to see their impact and to help bring their stories to light. I have seen how powerful it can be when women are given the support and recognition they deserve. Yet many still face challenges when it comes to access — whether that's funding, visibility, or the right networks. Through initiatives like She's Next, Visa has had the opportunity to support women entrepreneurs and see firsthand the difference the right resources can make in helping them grow their businesses and reach their goals. That's why being part of this again this year is so meaningful to me.' Samia Bouazza, Group CEO and Managing Director of Multiply Group, added: 'These awards go beyond recognition — they're a reminder to every woman in the UAE that power starts from within. When you see women being celebrated for pushing boundaries, for showing up relentlessly despite resistance — it sparks self-belief and ambition in others. Being part of the jury is about championing that mindset — one that values not just the outcome, but the discipline, clarity, and resilience it takes to get there. It's about spotlighting women who didn't wait for a green light — they built their own paths and stayed focused on the bigger picture.' The Excellence Awards have been a powerful platform for recognising women's leadership, innovation, and resilience. From entrepreneurship and technology to the arts and philanthropy, these awards have honored women who are not just breaking barriers but are rewriting the rules of success. The 2024 edition saw keen participation from women across a variety of sectors including business, health, media, the arts and technology. More than 40 exceptional women from diverse domains were honoured at the 2024 edition at the Museum of the Future in Dubai on 8 June.
Tourism Breaking News
25-03-2025
- Business
- Tourism Breaking News
Marriott International and Abu Dhabi National Hotels sign agreement to bring The Luxury Collection Brand to Ras Al Khaimah
Post Views: 110 Marriott International, Inc. and Abu Dhabi National Hotels (ADNH) announced an agreement to bring a luxury resort and residential development under The Luxury Collection brand to Ras Al Khaimah. Situated within Al Marjan Island, Ras Al Khaimah's flagship development, the project is anticipated to blend the brand's authentic take on luxury while providing residents an elevated and exceptional living experience. 'Ras Al Khaimah continues its emergence as a world-class destination, and we are excited to further expand our portfolio in the Emirate and support the growth of its tourism sector,' said Satya Anand, President, Europe, Middle East & Africa, Marriott International. 'We are also equally pleased to strengthen our relationship with Abu Dhabi National Hotels by bringing The Luxury Collection brand to the destination. This project within Al Marjan Island will be a great addition to the brand's ensemble of luxury properties across the globe, offering a distinctive perspective on luxury through unique and authentic experiences.' 'We are delighted to be expanding our presence in the UAE with our latest project in Ras Al Khaimah, located on one of three beachfront bays on Marjan Island, and to growing our relationship with Marriott International with our seventh collaboration,' commented Khalid Anib, CEO of Abu Dhabi National Hotels. 'This project reflects Abu Dhabi National Hotels' commitment to innovation and to developing unique, distinctive and exceptional accommodation.' The Luxury Collection Resort in Al Marjan Island is anticipated to comprise 466 thoughtfully designed rooms and suites, along with 29 expansive villas. Design plans for the resort include multiple dining venues, a spa, fitness center, kids club, swimming pool, and padel court. The property is also slated to feature more than 3,500sqm of meeting and event space, including a 1,300sqm ballroom. Plans for the project include branded residences featuring 392 one-two-three-four- and five-bedroom apartments and 55 luxury villas. The development is poised to elevate luxury living within the destination and will offer residents an array of on-demand resort amenities and services. Ras Al Khaimah continues to position itself as a preferred travel and investment destination within the region. The Emirate witnessed a record-breaking 1.28 million overnight arrivals in 2024 and remains committed to welcoming 3.5 million annual visitors by 2030. The signing marks the seventh collaboration between Marriott International and Abu Dhabi National Hotels, emphasising the continued commitment between both organisations to offer diverse and memorable experiences for travellers in the UAE. The existing portfolio between both companies features: The Ritz-Carlton Abu Dhabi, Grand Canal; JW Marriott Hotel Marina; Sheraton Abu Dhabi Hotel & Resort; Le Méridien Abu Dhabi; Hotel Boulevard Autograph Collection and The Heritage Hotel, Autograph Collection.
Zawya
17-02-2025
- Business
- Zawya
Abu Dhabi National Hotels posts 216% higher profits in 2024
Abu Dhabi: Abu Dhabi National Hotels registered net profits worth AED 1.33 billion in 2024, an annual leap of 216% from AED 422.51 million, according to the income statements. Revenue from contracts with customers witnessed a 77% YoY hike to AED 2.88 billion at the end of December 2024, compared to AED 1.63 billion. Basic and diluted earnings per share (EPS) attributable to ordinary equity holders of the parent climbed to AED 0.11 in 2024 from AED 0.03 a year earlier. The CEO of Abu Dhabi National Hotels, Khalid Anib, said: "2024 was a transformational year for ADNH as we successfully executed our growth strategy, expanded our market presence, and delivered exceptional financial performance.' 'The strong results reinforce our ability to create long-term value for our shareholders and stakeholders. Looking ahead, we remain focused on expanding our footprint, improving efficiencies, and capitalising on new opportunities in the region,' Anib highlighted. The board proposed cash dividends amounting to AED 567 million, marking an annual increase of 89% and representing a 7.50% dividend yield. In the first nine months (9M) of 2024, Abu Dhabi National Hotels logged higher net profits at AED 1.18 billion, compared to AED 288.86 million in 9M-23.
