ABU DHABI/ WAM Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC), said that the United Arab Emirates is making continuous progress in the renewable energy sector, ranking advanced among regional countries in terms of clean and renewable energy production capacity. MacPherson added in statements to the Emirates News Agency (WAM), on the …

DUBAI / WAM The upcoming edition of Arabian Travel Market (ATM), a premier global event in travel and tourism, will serve as a pivotal gathering for hospitality stakeholders from May 6-9 at the Dubai World Trade Centre. According to data from Deloitte, Dubai is leading the regional hospitality markets with a strong outlook for 2024. The city now offers more …

DUBAI / WAM Emirates Islamic profit surged to a record AED811 million in the first quarter of 2024, up 35 percent year-on-year (YoY). This remarkable financial success was underpinned by a robust 19 percent growth in total income, propelled by higher funded and non-funded income streams, which serves as a testament to the bank’s strengthened business sentiment and strategic financial …