RITIKA SHARMA / Emirates Business Undeterred by the global speculation about dismal economic growth, Abu Dhabi Ports seems to be riding high on growth quotient this year, which is clearly based on the robust performance of the previous year. Abdulkareem M. Al Masabi, Vice President – Ports Operations, Abu Dhabi, said that looking at the year-on-year double digit growth in …

WAM RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company’s annual general meeting due to be held on March 12. RAK Properties posted a 2.8 …

Abu Dhabi / EMIRATES BUSINESS Khalifa Industrial Zone (Kizad) has announced the launch of construction activities of National Food Product Company’s (NFPC) new 752,000-sq metre production facility. NFPC is one of the largest food producers in the UAE, known for its market leading products such as Oasis, Blu, Milco, Lacnor and Gulf &Safa. The facility, which will manufacture most of …