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 ...

Bloomberg Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy. The metal advanced 2.6 percent an ounce on Comex to highest since 2013. The move extends this year’s climb to 18 percent, with gains underpin-ned by inflows ...

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 ...