By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
alt="Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth"
The Arabian News > Economics > Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth
Economics

Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth

admin
SHARE

FIA President Mohammed Ben Sulayem has guided the Fédération Internationale de l’Automobile (FIA) to a stunning financial turnaround, reporting the best fiscal performance in over nine years. The federation recorded a €4.7 million operating surplus, a huge improvement that heralds fresh financial vitality and strategic growth.

Under the helm of Ben Sulayem, the FIA implemented measured cost-cutting, increased transparency, and improved operations. This financial turnaround is an indication of a move towards more sustainable administration and efficient allocation of resources in its international motorsport and mobility platforms.

The news follows the FIA’s plans to increase its presence in electric mobility, grassroots-level motorsport development, and safety efforts. Authorities attribute the surplus to enhanced budgetary prudence, commercial sponsorships, and the process of modernizing departments.

Ben Sulayem underscored that the financial turnaround is only the start. “This surplus is a testament to our intent to create a future-proof FIA—strong, transparent, and innovative,” he said. Investors now look for an era of strategic investment and global reemergence for the group.

 

You Might Also Like

Pakistan wants to make $100 million by exporting 125,000 tonnes of mangoes

Qatar’s Economy Bounces Back Strongly After Post-World Cup Dip

Union Properties’ 9-Month Profit at Dh53.14m, Cuts More from Legacy Debts

Imtiaz Developments Teams Up with Legrand for Smart Living Across 18 Waterfront Projects

Adani Stock Crash Sends Shockwaves

TAGGED:Ben Sulayem Guides FIA to €4.7m Surplus
Share This Article
Facebook Twitter Email Print
Previous Article alt="US Dollar Falls to 1-Month Low: UAE Expats See Remit Opportunity" US Dollar Falls to 1-Month Low: UAE Expats See Remit Opportunity
Next Article alt="How to Obtain a Free UAE Private Tutor Work Permit in 2025" How to Obtain a Free UAE Private Tutor Work Permit in 2025

Popular News

Recent News

  • Five Student Deaths at IIT Kharagpur in 2025: Another Tragedy
  • Solano, a Newcastle legend, assumes leadership as Pakistan’s football coach
  • UAE Issues Weather Alert: Rain, Wind, and Cooler Days Ahead
  • KHDA Summer Programmes Empower Students, Align with #DubaiDestinations Vision
  • Pakistan Launches Green Transit Drive, Lahore’s First Trackless Metro
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?