Local News

SHARJAH / WAM The United Arab Bank (UAB) announced its financial results for the nine months ended September 30, 2017, reporting a net profit of AED50 million. The performance in the third quarter reflects continued positive traction against the Bank’s Transformation Strategy set out in H2, 2015 to become a safer, stronger and sustainable Bank. The bank continued to strengthen ...

Abu Dhabi / WAM Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, as well as Fujairah Terminals and Khalifa Industrial Zone Abu Dhabi, on Monday launched Sustainability Week at the cruise terminal in Mina Zayed. The three-day event is being held in collaboration with Emirates Global Aluminium (EGA) ...

Umm Al Quwain / Emirates Business It has been a year of celebrations at Dreamland Aqua Park as it completed 20 successful years welcoming and taking over ten million visitors to the edge of thrill and excitement. Mega surprises were lined up for families and individuals as part of the anniversary celebrations. Starting with special discounted prices on the entry ...

SHARJAH / WAM The Sharjah Islamic Bank (SIB), posted a net profit of AED360 million for the nine months of 2017 compared to AED335.8mn for the same period last year, a 7.2% increase. Total assets reached AED37.8bn at the end of Q3 of 2017, compared to AED33.5bn at the end of 2016. Liquid assets hit AED 8.2bn or 21.6% of ...

ABU DHABI / WAM Juma Mohammad Al Keet, Assistant Under-Secretary for the Foreign Commerce Sector at the Ministry of Economy, discussed ways of promoting economic cooperation with Italy on behalf of the UAE, during the first Italian-Arab Business Forum held in Milan. Saqr Nasser Al Raisi, UAE Ambassador to the Republic of Italy, and Abdullah Hassan Al Shamsi, Consul-General of ...

Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, adopted the Government Communication Strategy 2017-2021. It includes a set of strategic objectives and national priorities to achieve optimal communication mechanisms and promote an integrated government communication system for federal entities. His ...

Dubai / WAM Five African presidents and more than 12 ministers along with a large number of top executives and decision-makers will participate in a two-day forum to be held in Dubai in November in what is dubbed as the largest economic African gathering outside the black continent. The 4th Global Business Forum on Africa will be organised by the ...

Abu Dhabi / WAM Mubarak Al Shamsi, the Director-General of the Abu Dhabi Centre for Technical and Vocational Education and Training (ACTVET) said that the WorldSkills Conference 2017 in Abu Dhabi provides a wonderful opportunity to address challenges, debate key issues, and identify solutions in the sphere of vocational skills with thought-leaders and policymakers from all corners of the globe. ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, attended the opening of the 5th GCC HR and Labour Market Executive Conference on Sunday, held under the theme, ‘Gulf human capital, a promising wealth’. The two-day conference organised by the Sharjah Chamber of Commerce and Industry (SCCI) at the Expo ...

Abu Dhabi / WAM The Telecommunications Regulatory Authority (TRA) has signed MoU with ICDL Arabia for a 3-year-term, with the aim of cooperating in the areas of developing the necessary skills of government officials and community segments with regards to digital security and online safety. The MoU was signed by Hamad Obaid Al Mansoori, TRA Director-General, and Jamil Ezzo, Director-General ...