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Sharjah Islamic Bank posts 12.5% increase in net profit in 9 months

  Sharjah / Emirates Business Sharjah Islamic Bank (SIB) posted a net profit increase of 12.5% for the nine month ending September 30 to reach AED 335.8 million compared to AED 298.4 million for the same period last year. Total assets increased by 6.5% to reach AED 31.8 billion at the end of the 3rd Quarter 2016 compared to AED ...

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Third Gulf Film Festival opens in Abu Dhabi

  Abu Dhabi / WAM The Third Gulf Film Festival opened at Al Thuraya Hall in Rotana Beach Hotel, Abu Dhabi. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, who is also the patron, opened the festival which is organised by the Ministry of Culture and Knowledge Development in collaboration with the General Secretariat of the Gulf ...

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Dubai Airports, Huawei ink pact to build world’s first Tier III modular data centre

  Dubai / WAM Dubai Airports will partner with Huawei to design and build the world’s first Tier III certified Modular Data Centre Complex (MDCC) at Dubai International (DXB), it was announced on Monday. The design and construction contract was signed during GITEX Technology Week, one of the biggest annual ICT trade shows. The project will serve one of the world’s ...

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