ABU DHABI / Emirates Business Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the MENA region and one of the most progressive insurance companies in the UAE, kept the momentum of its strong Q1 performance to achieve a combined net profit of AED 40.9 million (Policyholders & Shareholders before release of Qard Hasan) and an underwriting ...

FUJAIRAH, RAS AL KHAIMAH, AJMAN WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday offered his condolences to the families of the nation’s martyrs, who fell while carrying out their duties with the Arab Coalition’s “Operation Restoring Hope,” led by the Kingdom of Saudi ...

Dubai / Emirates Business Consumer spending in the UAE, which amounted to nearly $183 billion in 2016, is forecast to rise at a compound annual growth rate (CAGR) of 7.5% over the next five years to exceed $261 billion in 2021, analysis released by the Dubai Chamber of Commerce and Industry showed. The analysis, based on recent data from Euromonitor ...

ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) Registration Authority has announced that it is to be granted Observer Status of the International Conference of Data Protection and Privacy Commissioners (ICDPPC). ADGM is the only International Financial Centre (IFC) and data protection regulator to be accredited with such status in the MENA region. With Observer Status, ADGM joins ...

DUBAI / Emirates Business Young job seekers and recent graduates continue to enter the job market in the Middle East and North Africa, competing for entry level jobs very actively. Bayt.com – the Middle East’s #1 Job Site – and YouGov – global online market research company –conducted a survey titled “Fresh Graduates in the MENA”, in which more than ...

DUBAI / WAM The Dubai Electricity and Water Authority (DEWA), the organiser of the Water, Energy and Environment Technology Exhibition, (WETEX 2017), announced a large expected turnout from public and private institutions that provide environmental solutions and green technologies at the 19th WETEX, which will take place from October 23-25 at the Dubai International Convention and Exhibition Centre. WETEX is ...

DUBAI / WAM Dubai-based Jebel Ali Free Zone (Jafza), a subsidiary of global trade enabler, DP World, has announced the growing of its non-oil foreign trade by 17 percent from 23.9 million to 27.9 million tonnes in 2016, worth $80.2 billion. Commenting on the announcement, Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said, “The value and ...

ABU DHABI / WAM Farms in Abu Dhabi have excelled in the Gulf region in adopting international good agricultural practice standards, Global GAP. The number of local farms that has now obtained the Global GAP certificate has risen to 270, compared to some 110 in 2013 and 2014, a percentage growth of around 145 percent. According to the Abu Dhabi ...

ABU DHABI / WAM Abu Dhabi Ports has signed a strategic partnership with Healthpoint, a multi-specialty hospital in Abu Dhabi, to launch a wellness-coaching programme for its employees. Healthpoint is part of Mubadala’s network of world-class healthcare providers. The agreement, signed by Captain Mohamed Juma Al Shamisi, Chief Executive Officer of Abu Dhabi Ports, and Dr Mai Ahmed Al Jaber, ...

Dubai / Emirates Business The Dubai based “Gulf Navigation Holding PJSC”, listed in Dubai Financial Market (DFM) under “GULFNAV”, has announced 33% growth in net profits by the end of the first half of 2017, compared with the same period of 2016. This announcement comes concurrently with the new phase the company is launching to strengthen its position and competitiveness ...