RAS AL KHAIMAH / WAM Julphar Gulf Pharmaceutical Industries announced on Sunday revenues of as much as AED992 million for the first three quarters of the year 2017. The company posted an AED86 million net profit for the period. “Overall, the MENA markets remained challenging for the pharmaceutical industry. Julphar’s management has undertaken cost-saving initiatives and new projects to optimise ...

DUBAI / WAM Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, on Sunday rang the market-opening bell to celebrate the listing of a $750 million conventional bond on Nasdaq Dubai. The issuance underlines Emirates NBD’s commitment to growth and expansion, building on recent developments that include increasing its international branch presence, enhancing its digital strategy and ...

ABU DHABI / WAM Abu Dhabi’s Corniche, Al Bateen and Ladies Beaches have attracted 2,577,998 visitors since the begin- ning of the year, the Abu Dhabi City Municipality (ADM) said. In a statement, ADM said that it pays continuous attention to upgrading the emirate’s beaches on a regular basis to provide superior services for the community. This reflects the municipality’s ...