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VP attends launch of DP World Cargospeed

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai on Sunday attended the launch of DP World Cargospeed, a new global company created through a partnership between global trade enabler DP World and Virgin Hyperloop One, to provide hyperloop-enabled cargo systems to support the fast, sustainable ...

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Sultan Al Qasimi opens ‘Rain Room’ in Sharjah

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated, on Sunday, the Rain Room, in the presence of Sheikha Hoor bint Sultan Al Qasimi, President of Sharjah Art Foundation (SAF). Designed by Sharjah Art Foundation as the Middle East debut, the Rain Room building, permanently located in Al Majarah ...

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FAB reports AED3bn Q1 profit

Abu Dhabi / WAM First Abu Dhabi Bank (FAB), reported on Sunday a net profit of AED3 billion for the first quarter of 2018, up two percent year-on-year and six percent quarter-on-quarter. Commenting on the bank’s performance, Abdulhamid Saeed, Group Chief Executive Officer of FAB, said, “I am pleased to announce that we started 2018 on a positive note with ...

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