News

Ras Al Khaimah / Gulf Time The National Bank of Ras Al-Khaimah (Rakbank) announced a consolidated net profit of AED220.1 million for Q1 2022, an increase of 93.1% compared to the first quarter of 2021. Total Income of AED726.9 million, decreased by 8.3% compared to the fourth quarter of 2021. As at March 31, total assets stood at AED 58.6 ...

  Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Mohamed Mosh (Mehmet MuÅŸ), Minister of Trade of Turkey discussed different initiatives to foster business and investment partnerships between business communities of the two countries during a round table held on April 27 in Istanbul. The two ministers also discussed ways to ...

  Sharjah / WAM Arada has reached a major milestone at the Sharjah megaproject ‘Aljada,’ with the completion of its first residential phase. The delivery of 278 homes in the last two Misk Apartment buildings at the mixed-use community brings the total number of units finished at Aljada to 1,482, said an Arada press release on Wednesday. The Misk Apartment ...

  DUBAI / WAM With Eid Al Fitr approaching and more travellers planning to take to the skies, Emirates is stepping up its schedule by adding 23 flights and layering on additional seats with the deployment of both A380s and Boeing 777s between April 28 and May 8 to the four cities it serves in KSA, as well as to ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with John Kerry, the US Special Presidential Envoy for Climate, joint cooperation in the climate action and ways to enhance collective international action in facing the repercussions and challenges of climate change. In a phone call, the two ...

  DUBAI / WAM With Eid Al Fitr approaching and more travellers planning to take to the skies, Emirates is stepping up its schedule by adding 23 flights and layering on additional seats with the deployment of both A380s and Boeing 777s between April 28 and May 8 to the four cities it serves in KSA, as well as to ...

  Dubai / WAM The Federal Authority for Government Human Resources (FAHR) has signed a memorandum of understanding (MoU) with 01Gov, a Dubai-based govtech start-up that offers a portfolio of digital solutions, including the 01Gov platform, the first Arabic platform for government innovation. As per the memorandum, 01Gov will provide federal government employees with 100,000 free licences of the basic ...

  SHARJAH / WAM The Sharjah Economic Development Department (SEDD) has announced the release of its 2022-2024 corporate strategy, with a vision that focuses on attaining a competitive, diversified and sustainable economy that leads to the economic welfare of the business community in Sharjah. Also, the strategy contains a mission that seeks to achieve comprehensive economic development and improve the ...

  Dubai / WAM dnata Travel, the UAE’s longest-standing travel provider, has revealed that the total volume of local and international travel bookings for the anticipated Eid Al Fitr break is up by 195 percent so far in 2022, compared to overall bookings made throughout the same annual holiday period in 2021. This year, the number of international travel bookings ...

  Ajman / WAM The total number of certificates of origin issued by the Ajman Chamber of Commerce and Industry (ACCI) during 2021 increased to 33,175, compared to 25,682 during 2020, achieving a 29 percent growth, a top official revealed. Mohamed Ali Al Janahi, Acting Director-General of ACCI, said the total value of the products, for which certificates of origin ...