DUBAI / WAM Investment Corporation of Dubai (ICD) on Wednesday announced its consolidated financial results for the six-month period ended June 30, showing revenues of AED82.5 billion and a net profit of AED10.3 billion. These results were achieved against a backdrop of lower oil and commodity prices, a strong US Dollar against other major currencies, and lackluster global economic ...

  ABU DHABI / WAM In an effort to enhance co-operation in various fields, particularly in the parliamentary sphere, Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), signed a number of Memorandums of Understanding (MoUs) with women speakers of the parliaments of Fiji, Gabon, Peru, as well as Andean Parliament. The MoUs were aimed at promoting ...

  TOKYO / WAM Japan oil imports from the UAE totalled 23.12 million barrels of crude in November 2016, according to data released by the Agency of Energy and Natural Resource in Tokyo. This accounted for 24.5 percent of Japan’s total crude imports for the period, the agency, part of the Ministry of Economy, Trade and Industry, said. Saudi Arabia ...