Dubai / WAM Nakheel announced on Wednesday its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the …

  Abu Dhabi / WAM The Ministry of Finance (MoF) announced that it received certification for the PAS 99:2012 Integrated Management System, including ISO 20000, ISO 27001, and ISO 22301. Commenting on the announcement, Musabah Mohammed Al Suwaidi, Assistant Under-Secretary for Support Services Sector at MoF, said, “This achievement falls in line with the ministry’s continuous commitment to adopt the best …

  Sharjah / Emirates Business The seventh annual Sharjah Light Festival (SLF) kicks off yesterday in University City Hall in Sharjah City, and will go on for 10 days from February 2 to 11, covering 14 locations across the emirate. Initiated, managed, and produced by the Sharjah Commerce and Tourism Development Authority (SCTDA) – under the patronage and in the …