ABU DHABI / EMIRATES BUSINESS Abu Dhabi Islamic Bank (ADIB) has reported a net profit of AED 1,934 million for 2015, a 10.5 percent increase from a year earlier. The number of customers increased by over 100,000. This reflects the continued growth of ADIB’s main banking activities across all customer segments, particularly its ongoing penetration and targeting of the UAE’s ...

DUBAI / Emirates Business HE Sultan Ahmed bin Sulayem, Chairman of the Dubai Ports, Customs and Free Zone Corporation and Chairman of Dubai Maritime City Authority (DMCA), headed the inauguration ceremony of the Maersk Training centre headquartered in Dubai World Central. H.E. Bin Sulayem cut the ribbon for the official launch of the first-of-its-kind training centre in the Middle East, ...

Bloomberg North Korea continues to develop a mobile intercontinental ballistic missile that “would likely be capable of reaching much of the continental United States,” the Pentagon said in a new report to Congress on the secretive regime’s military capabilities. The KN-08 missile would have an estimated range of more than 3,400 miles (5,500 kilometers), and North Korea already has six ...