ABU DHABI / WAM The meeting between the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, which took place in the Mina Palace in Makkah, highlighted the special ties between ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited several infrastructure projects related to the Expo 2020 Dubai, which will begin in October 2020, with the participation of 195 countries. His Highness Sheikh Mohammed bin Rashid visited the Expo 2020 Office in Dubai South, accompanied ...
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Abu Dhabi / Emirates Business Abu Dhabi National Energy Company PJSC (Taqa), a leading global energy company headquartered in Abu Dhabi with operations in 11 countries, announced its financial results and operational highlights for the six-month period ending June 30, 2019. Taqa recorded AED9 billion of revenue in the first half of the year, a 5 percent increase compared to ...
Read More »DUBAI / Emirates Business Momentum is building towards the second edition of the Dubai Association Conference, with more details being unveiled about the event’s rich programme, built around the core theme of ‘Driving change: The societal impact of associations’. Taking place from December 9-10 at Dubai World Trade Centre and organised by Dubai Association Centre, the 2019 Dubai Association Conference ...
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DUBAI / Emirates Business Despite a sustained correction in prices across nearly all communities in Dubai, developers are completing construction and handing over projects with speed, according to the ‘Property Finder Trends’ report for H1 2019. According to data in ‘Trends’ report, a total of 20,978 residential units completed in the first half of 2019. The total comprised 14,999 apartments, ...
Read More »ABU DHABI / WAM The third batch of Emirati engineers and physicists completed their one-year intensive nuclear regulatory development progam at the UAE’s Federal Authority for Nuclear Regulation (FANR). The graduates, comprising sev-en young Emiratis, will begin their nuclear career at the authority. During the year, developees gained fundamental training to underst-and technical concepts applicable to nuclear engineering, radiation safety ...
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ABU DHABI / WAM The combined net profits of 18 national banks listed on the country’s financial markets rose to AED24.5 billion in the first half of 2019, compared to AED21 billion in the same period of 2018, an increase of 16.6 percent. These statistics reflect the solidity of the UAE’s banking sector, despite the slowdown faced by its counterparts ...
Read More »ABU DHABI / WAM Abu Dhabi National Takaful (ADNTC) announced a combined net profit of AED65.4 million in H1, achieving significant growth of 35 percent compared to AED48.5 million for same period last year. According to financial results as at end of second quarter on June 30, the underwriting profit reached AED46 million showing an increase of 27 percent compared ...
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Sharjah / Emirates Business Air Arabia (PJSC) announced strong financial and operational results for the second quarter of this year ending on June 30, as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver robust and sustained performance. Air Arabia registered a record net profit of AED 210 million for the three months ending on ...
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ABU DHABI / WAM Etihad Airways will introduce the Boeing 787 Dreamliner on its flights from Abu Dhabi to Jakarta, Indonesia, and will upgrade its daily morning service to Male, Maldives, to the wide-body aircraft on a seasonal basis, it was announced on Wednesday. In a press statement, the carrier said the airline’s two daily scheduled services from Abu Dhabi ...
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