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Al Ahli to develop unique entrepreneurial, media hub

DUBAI / Emirates Business A unique world-class pioneering project to facilitate and support the growth of local and international entrepreneurs and position the UAE as a leading light in global business innovation is being brought forward by Al Ahli Holding Group. The Dubai-based multi-diversified conglomerate is behind Nomad, a highly ambitious one million square foot entrepreneur and media hub which ...

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Cargo traffic rises 8.9% at DWC in first quarter

Dubai / WAM Cargo traffic at Dubai World Central (DWC) grew 8.9% during the first quarter of 2018, according to a report issued on Sunday by operator Dubai Airports. DWC handled a total of 229,831 tonnes of freight between January and March 2018, an increase of 8.9% compared to 211,144 tonnes during the corresponding period in 2017. During first three ...

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Shuaa revenues up 4%

DUBAI / Emirates Business Shuaa Capital on Sunday announced its Q1 financial results, with the firm maint- aining profitability. While group total revenues increased 4% to settle at AED 33.2 million (Q1 2017: AED 31.8 million), profits retreated to the AED 11.7 million mark (Q1 2017: AED 24.8 million) primarily as a result of lower interest income from its lending ...

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