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UAE, China celebrate 35 years of bilateral ties

BEIJING / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Wang Qishan, Vice President of China, on Tuesday attended a reception organised by the UAE Embassy in Beijing to celebrate the 35th anniversary of the establishment of the bilateral relations between the UAE and ...

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UAE private wealth continues to soar bucking global trend

DUBAI / Emirates Business Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group (BCG), titled Global Wealth 2019: Reigniting Radical Growth. As a result of a fourth-quarter dip in stock indexes, as well as geopolitical threats, high valuation levels, and interest rate challenges, the report ...

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du revenues reach AED6.33billion in H1

DUBAI / Emirates Business Emirates Integrated Telecommunications Company PJSC (du) published its financial results for Q2 2019, reporting AED3.19 billion revenues, AED 1.47 billion EBITDA and AED464 million net profit after royalty for the second quarter of the year. For H1 2019, EITC reported revenues of AED6.33 billion, EBITDA of AED 2.89 billion representing growth of 1.7 percent when compared ...

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