DUBAI / WAM Noor Bank on Sunday announced its financial results for the year ending December 31, 2015, with the bank reporting a net operating profit of AED561 million. The increase in profitability was fuelled by a 73% surge in fee and commission income and supported by a 35% rise in net income from financing. Noor Bank witnessed another ...

  Dubai / WAM Mohammed Ahmed bin Abdul Aziz Al Shehhi, Under-Secretary of the Ministry of Economy for Economic Affairs, and Faihan Fayez Shalhoub, Ambassador of Colombia to the UAE, have discussed ways to strengthen areas of economic cooperation between the two countries. During the meeting, which was held at the headquarters the Ministry of Economy in Dubai, the two ...

  ABU DHABI / WAM Abu Dhabi Ship Building (ADSB) announced key business highlights for 2015 at their Annual General Meeting held in Abu Dhabi last week, registering a consolidated revenue of AED 791 million, while its net profit rose to AED 87 million. In addition, members of the General Assembly approved the distribution of the cash dividends amounting to ...