Hospitality
United Foods Company reports strong FY2024 performance
United Foods Company announced financial results for the full year ended 31 December 2024.
Against a backdrop of geopolitical volatility and rising costs, United Foods achieved significant growth in revenue and profitability and reinforced its strong financial and market position, delivering on its long-term strategy for development. Total gross revenue rose to a record AED 601.7 million, supported by a 5.9% increase in sales volumes.
Profitability strengthened as gross profit increased 8% to AED 99.6 million, supported by improved cost controls, procurement optimisation, and product mix enhancements. Net profit before tax increased 11% to AED 33.9 million. Net profit after tax remained stable at AED 30.8 million.
The Board of Directors proposed a cash dividend of 100% of the paid-up capital for 2024, equivalent to AED 1 per share or AED 30.25 million in total. This proposed dividend payout, subject to shareholder approval at the upcoming Annual General Meeting, reflects the Group’s strong financial position and its continued focus on delivering value to its shareholders. United Foods Company is one of only three companies in the UAE to propose 100% cash dividend.
Fethi Khiari, Chief Executive Officer at United Foods Company, commented, “In all, 2024 was a milestone year of achievement for United Foods. We increased sales volumes and revenue, protected margins, continued to deliver dynamic, high-quality products and diversified our product portfolio to better delight our customers. These key initiatives have enabled us to reinforce our robust position in the UAE and in all the markets we serve.
I am pleased to announce that under the recommendation of the Board, there will be 100% cash dividend of the paid-up capital for 2024 in line with our sustainable and progressive dividend policy, at our Annual General Meeting. We would like to thank our shareholders for their continued support and trust in us.
Looking ahead, we remain dedicated to our strategic path that will enhance value for our shareholders, as we continue to scale our operations and invest in automation and efficiency. Our commitment to Emiratization remains core to our corporate vision, and we are proud to be building a business that is both future-fit and locally rooted.”
Operational and strategic highlights:
- The Group invested AED 12.8 million in capital expenditure, primarily directed towards the installation of two new product lines: fractionation unit and PET blowing machine to produce bio-degradable bottles.
Operational performance and outlook
Throughout 2024, United Foods maintained a sharp focus on cost efficiency and working capital management. Total assets rose to AED 439.4 million, while equity increased to AED 344.5 million. The Group continued investing in manufacturing upgrades and digital tools to drive long-term competitiveness.
Strategic efforts to support national priorities of food security also gained traction, with new initiatives to advance Emiratization across departments. These efforts position the Group to contribute meaningfully to national development while attracting and retaining skilled local talent. United Foods remains focused on expanding regional distribution, enhancing product innovation, and deepening its ESG practices, ensuring long-term sustainable value creation for all stakeholders.
Hospitality
RAMADAN NIGHTS: IFTAR UNDER THE STARS AT LA PISCINE, AL RAHA BEACH RESORT & SPA
Al Raha Beach Resort & Spa has announced its Ramadan Iftar offering, “Ramadan Nights: Iftar Under the Stars,” available throughout the holy month at La Piscine.
The Iftar is priced at AED 245 per person on weekdays and AED 260 per person on weekends. Children aged 5 to 12 years receive 50% off, while children below 5 years dine complimentary.

Guests can enjoy favourites such as Arabic hot and cold mezzeh, an Ouzy corner, and an Arabic mixed grill and carving station. The experience is hosted at La Piscine’s beachfront and poolside outdoor restaurant lounge, featuring private gazebos and a relaxed, open-air setting.
A range of special offers is available during Ramadan. Guests can enjoy 15% off with the Early Bird offer when bookings are confirmed with a deposit before the start of Ramadan. For group bookings, one guest dines complimentary for every 10 full-paying adults.
Hospitality
ROHINI AT MÖVENPICK JLT PRESENTS A REPUBLIC DAY SET MENU, FEATURING TRICOLOUR-INSPIRED DESSERTS
This Republic Day, Rohini at Mövenpick Hotel Jumeirah Lakes Towers is adding a cheerful tricolour moment to the table with three new desserts inspired by the colours of the Indian national flag. Created especially for the Republic Day weekend, the desserts bring a playful and visually striking element to the dining experience, giving guests a fresh reason to stop by.
Drawing from familiar Indian sweets, the dessert selection offers a lighthearted nod to the occasion. The trio includes Tiranga Kalakand, Pistachio Malai ke Motichur, and Jalebi with Kesar Rabdi, adding a sweet finish that feels both nostalgic and timely. Served as part of Rohini’s Republic Day set menu, the desserts stand out as a highlight worth saving room for.
Available from 24th to 26th January, the Republic Day set menu also features a well-rounded selection of vegetarian and non-vegetarian starters and mains. Guests can choose from popular favourites such as Dahi Bhalla, Zafrani Murgh Tikka, Dal Makhni, Rajasthani Laal Maas, Paneer Methi Malai, and Purani Dilli-style pulao, offering plenty of choice across classic Indian flavours.
A familiar name for Indian dining in JLT, Rohini offers a comfortable and welcoming setting for those dining out over the long weekend. With its Republic Day set menu and tricolour-inspired desserts, it makes for an easy and enjoyable way to mark the occasion.
Hospitality
CHRIS HEMSWORTH AND ELSA PATAKY’S FAMILY-FRIENDLY ABU DHABI ITINERARY
Looking back on their recent visits to Abu Dhabi, Chris Hemsworth shared how it’s the perfect choice for family travel, with days that mix high-energy fun with quality time you’ll remember for years to come.
“I love travelling to Abu Dhabi with the kids because there’s so much on offer. From action-packed thrills to calm, immersive and educational moments, Abu Dhabi has it covered. Experiencing nature, culture, and adventure together reminds us of what really matters: time shared, moments made, memories locked in.”
For Elsa Pataky, the easy mix of experiences makes travelling here so enjoyable as a family: “Abu Dhabi has this beautiful balance: thrilling adventures for the kids, cultural experiences for the adults, and endless opportunities for the whole family to connect and enjoy time together.”
Here’s where Chris and Elsa went on their latest visit
- CLYMB Abu Dhabi
Try indoor climbing and skydiving on Yas Island. During their visit, Chris and Elsa’s family tried it all, with routes for all ages and experience Challenge yourself in the skydiving chamber or try to tackle progressively harder climbing routes, from beginner level to advanced.
- Surf Abu Dhabi
On Hudayriyat Island, Surf Abu Dhabi offers controlled wave conditions suitable for first-time surfers and almost every age. Sessions can be tailored to different abilities, so it’s an easy way for parents and children to try a new sport in a relaxed, with plenty of options for food and drinks.
- Ferrari World Abu Dhabi
The fast-paced rides and indoor attractions are designed for all ages, making it easy for families to spend an entire day together. Families can move between high-energy experiences and gentler rides, entertaining little ones alongside adults with a need for speed.
- Warner Bros. World Abu Dhabi
Explore themed lands inspired by well-known characters, from Batman to Scooby Doo and The Flintstones, with rides and interactive experiences designed for all ages. It’s a colourful and fun space for families looking for a full day of entertainment together.
- teamLab Phenomena Abu Dhabi
Art meets innovation with this interactive environment where immersive digital art installations respond to your every move. The unique spaces encourage curiosity and exploration, making it a natural stop for families looking to slow their pace and enjoy creative moments.
- Yas Waterworld
Inspired by Emirati pearl-diving heritage, Yas Waterworld has a wide range of slides, wave pools and family-friendly rides. With 60+ attractions designed for different age groups, there’s space for both high-energy fun and relaxed downtime.
Beyond Chris and Elsa’s itinerary, families can explore new cultural highlights, like Natural History Museum Abu Dhabi and Zayed National Museum, or take a short trip to Al Ain Region, where culture, nature and heritage offer even more ways to spend time together—just 90 minutes from Abu Dhabi City or Dubai.
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