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Hospitality sector to play key role in Emiratisation

DUBAI / WAM As the UAE’s hospitality industry continues its rapid growth, it presents highly promising career opportunities for skilled professionals, especially Emirati youth. Hotels are increasingly looking out for local talent across operational and functional areas as part of their commitment to Emiratisation. At the Najah higher education fair in Abu Dhabi, Emirati job-seekers were seen showing a keen ...

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Oil slides to 6-month low as supply fears subside

Bloomberg Oil traded near a six-month low as the prospects of a tight global market at the end of the year further receded after the US softened the restart of sanctions against Iran. Crude advanced 0.6 percent in New York. Sanctions against Iran were reimposed on Monday, though eight countries were allowed to continue temporarily buying some crude from the ...

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Shuaa Capital records 31% jump in Q3 profit

Emirates Business Shuaa Capital reported its financial results for the quarter ended on September 30, with AED30.1 million in net profits, up 31% year on year, the group’s highest quarterly figure since 2008. Year to date, net profits stood at AED56.4 million (YTD 2017: net profit of AED 59.8 million). The group’s asset management business line saw a 35% increase ...

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