Dubai / Emirates Business Emirates NBD delivered a strong set of results with net profit up 15% to AED 6.17 billion for the first nine months of 2017. Net interest income improved 4% y-o-y due to loan growth and helped by a sustained improvement in margins. The operating performance was also supported by lower expenses and an improved cost of ...
Read More »Abu Dhabi / Emirates Business National Investment Corporation (NIC) has announced a AED3bn plus project to expand and upgrade Marina Mall alongside plans to develop a stunning new waterfront promenade. NIC, the breakwater developer and owner of Marina Mall Abu Dhabi, will commence work on the 300,000sqm expansion in the second half of 2018, while a series of upgrades to ...
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Abu Dhabi / WAM The convening of the ‘International Ministerial Conference on Nuclear Power in the 21st Century’ in Abu Dhabi comes within the framework of UAE’s aspirations and vision for the future of nuclear energy as a new artery in the network of vital clean energy investments for sustainable development, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Dubai / WAM Dubai Financial Market company on Monday announced its financial results for the first nine months of 2017, recording a net profit of AED173.3 million ($47.18mn) , a 1% decrease from AED175 million in the same period of 2016. Net profit of Q3 of 2017 decreased 22 percent to AED27.7 million, compared to AED35.4 million in the corresponding ...
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Abu Dhabi / Emirates Business His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, inaugurated the 2017 joint ISES Solar World Congress and IEA SHC International Conference on Solar Heating and Cooling for Buildings and Industry (SWC and SHC 2017), which kicked-off in Abu Dhabi on Monday. More than 500 renewable energy researchers and ...
Read More »Dubai / WAM Dubai International (DXB), the world’s number one airport for international passengers with 83.6 million passengers in 2016, was chosen as ‘Middle East’s Leading Airport’ at the Middle East Gala Ceremony of the 24th World Travel Awards on Sunday evening in Dubai. Majed Al Joker, Senior Vice President of Assurance and Control Authorities at Dubai Airports, received the ...
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Abu Dhabi / WAM Nuclear energy drives global economic growth, supports sustainable development and is helping to meet growing worldwide energy demands – that was the key message on day one of the International Ministerial Conference on Nuclear Power in the 21st Century, currently being held in Abu Dhabi. Over 700 nuclear energy leaders and experts have convened in the ...
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DUBAI / Emirates Business Dubai World Trade Centre (DWTC) is preparing for the fourth edition of its Gulfood Manufacturing, the Middle East’s largest food, beverage, manufacturing and processing exhibition, which promises to be the biggest show to date, shining the spotlight on thousands of the latest food industry solutions and hot topics such as Value Added Tax (VAT) and sector-shaping ...
Read More »DUBAI / WAM Dubai Customs has revealed that 33,600 transactions were handled on October 26 as part of the ‘Day Without Service Centres’ initiative instigated by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. This raised the number of declarations by 2 percent compared to the day before. Ahmed Mahboob ...
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Ras Al Khaimah / Emirates Business Saud Bin Saqr Establishment For Youth Enterprises Development (RAK-SME) has been named bronze winner of a ‘Company of the Year’ category at The Stevie Awards’ 14th Annual International Business Awards (IBAs). RAK-SME was competing in the ‘Non-Profit or Government Organizations – Small and Medium Size’ category. The award was presented to HE Yousef Esmaeel, ...
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