ABU DHABI / WAM National Central Cooling Company (Tabreed) released its audited 2017 financial results. The company ended the year with a robust performance, adding 43,900 RT to its cooling capacity across the GCC in 2017. Tabreed posted 9% percent higher net profit, reaching AED400.1 million. Based on the strong results, Tabreed’s Board of Directors recommended increasing cash dividends for ...

Dubai / Emirates Business Malabar Gold & Diamonds, one of the BIG 5 jewellery retailers globally launched a special collection of diamond and 18K gold jewellery named ‘Heart to Heart’ to celebrate the season of love. ‘Heart to Heart’ jewellery collection showcases the exclusive heart shaped jewellery which symbolizes the best way to express your love. As the demand for ...

DUBAI / Emirates Business Off-plan real estate transactions in Dubai increased 60% in 2017, compared to 2016, according to the latest Observer: Dubai Q4 2017 report from leading international property company Chestertons MENA. The figures follow a steep increase in the volume and value of off-plan transactions in the second half of the year, with Dubailand, Business Bay and Al ...