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Emaar Malls Q1 profit up 7%

DUBAI / Emirates Business Emaar Malls recorded an increase in net profit by 7 percent to AED584 million ($159 million) during the first quarter (January to March) of 2019, compared to the net profit of AED548 million ($149 million), during the first-quarter (January to March) of 2018. Revenue for the first three months of 2019 reported a growth of 4 ...

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Deal signed to launch cost of doing business index for SMEs in Dubai

DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED), mandated to develop the small and medium enterprise (SME) sector, has signed a memorandum of understanding (MoU) with the Dubai Chamber of Commerce and Industry, to launch an index that will evaluate the cost of doing business for SMEs in Dubai. The MoU was signed by ...

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Sharjah Airport welcomes 3.15m passengers in Q1

SHARJAH / WAM Sharjah Airport announced its 2019 first quarter results during Arabian Travel Market event, registering over 3.156 million passengers. The increased number of passengers highlighted a recorded growth of 9.56 percent in passenger movement, compared to the same period in 2018 which registered 2.880 million passengers. It also revealed developments and projects that expect to increase capacity and ...

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