DUBAI / WAM The Dubai Government has invested around $20 billion in the development of the emirate’s infrastructure and transport during the period from 2006 to 2016, Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), stated. “The Dubai Government has pumped billions of dirhams in this sector and the …

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 …

DUBAI / WAM Dubai Land Department (DLD) announced that over AED 1.3 billion worth of brokerage commissions were made in Dubai’s real estate market between the beginning of January 2017 and the end of September this year, with a total number of 6,200 active brokers working in Dubai’s real estate market. Real estate brokers achieved these commissions after securing land, …