Dubai / WAM National Bank of Abu Dhabi (NBAD) reported net profits of AED 1.376 billion for 2Q’16, up 8% sequentially (q-o-q), resulting from improvements in fee income, driven by continued momentum in Global Wholesale strategic flow products as well as Retail & Commercial outpacing the market. Expenses were essentially flat both sequentially and y-o-y as the Bank continued to ...

  Dubai / Emirates Business The Dubai Electricity and Water Authority (DEWA) received a certificate of commitment towards ISO standard ISO 27037:2012, which provides guidelines for how to deal with digital evidence. DEWA received the ISO certification based on criteria that includes procedures to ensure the safety and reliability of digital evidence by searching, identifying, and documenting the information, and ...

  Dubai / Emirates Business The Emirates Flight Training Academy, the new world class flight training facility developed by Emirates airline to respond to the industry’s growing need for pilots, has signed an agreement with Boeing under which both organisations will collaborate on a comprehensive training curriculum and software infrastructure to support Academy operations. Emirates Flight Training Academy, currently under ...

  Dubai / Emirates Business As part of the ongoing efforts to support its members’ expansion into the African market and to provide them informative business services, the Dubai Chamber of Commerce and Industry in cooperation with Coface Emirates Services organised a workshop on Kenya Country Overview, at the Chamber premises on Wednesday. Organised as part of the Business Beyond ...

  Abu Dhabi /Emirates Business ADNOC Distribution on Wednesday launched the Madinat Shakhbout service station in Abu Dhabi’s Shakhbout City. The launch is in line with the company’s sustained strategy of meeting the growing demand for its products and services to cater to the UAE’s rapid urbanisation and development. Located behind the Abu Dhabi Civil Defence building, the new service ...

  Dubai / WAM Official figures released this week have demonstrated the UK’s continued attraction for visitors from the UAE. A record number of UAE nationals used the UK’s electronic visa waiver (EVW) scheme in the last year, according to a report issued by the UK Home Office. It added that there were more than 63,000 applications for EVWs in the ...

  Dubai / Emirates Business The Dubai Maritime City Authority (DMCA) revealed the formation of RASEINA Maritime Domestic & Leisure Working Group, a first of its kind in the UAE, which aims to promote Dubai’s marine and leisure sector activities. The group has been created in a push to advance the Maritime Sector Strategy and further lead Dubai into becoming ...

  Emirates Business Intersec, the world’s leading international trade fair for security, safety, and fire protection, is making its debut in Saudi Arabia, offering global suppliers direct access to the Kingdom’s vast market where security spending continues to rise. Organised by Messe Frankfurt Middle East in partnership with Al-Harithy Company for Exhibitions (ACE Group), the inaugural edition of Intersec Saudi ...

  Philadelphia / AFP President Barack Obama will step onto the Democratic convention stage on to champion former political foe Hillary Clinton, defend his own legacy and bury Donald Trump’s chances of reaching the White House. Obama will address the penultimate night of the party convention in Philadelphia, making the case that America’s first black president should be followed by ...

  Manila / AFP US Secretary of State John Kerry on Wednesday said Washington wanted to avoid “confrontation” in the South China Sea, after an international tribunal rejected Beijing’s claims to most of the waters. Kerry made the remarks after meeting with Philippine Foreign Secretary Perfecto Yasay in Manila where they discussed the Southeast Asian nation’s sweeping victory in the arbitration ...