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Dubai South, DQG sign deal to strengthen mutual cooperation

Dubai / WAM Dubai South and Dubai Quality Group (DQG) signed a Memorandum of Understanding (MoU) to strengthen their cooperation in exchanging expertise, enhancing quality and excellence, developing institutional performance, and providing mutual support. In line with the MoU, the parties have committed to work together towards elevating institutional performance and adopting quality standards and excellence in the former’s initiatives ...

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Mashreq posts AED1.7bn net profit in nine months

Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Monday reported its financial results for the first nine months ending September 30, 2017. The net profit for 9M 2017 stood at AED1.7 billion, a 12% increase YoY. The impairment allowance was down by 30% YoY, while operating expenses were lower by almost 2% on ...

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ADFD team reviews progress of AED423mn projects in Albania

Abu Dhabi / Emirates Business A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project. During the visit, the delegation toured the ...

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