Reuters Air Arabia, the United Arab Emirates’ only publicly-listed airline, reported 26.6 percent increase in third quarter profit on Sunday. The low cost airline said in an emailed statement that it made a net profit of as much as AED376 million ($102.4 million) in the three months to September 30, compared with AED297 million that was recorded in the same ...

ABU DHABI / WAM Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) held their ground-breaking ceremony for the CSP Abu Dhabi Container Terminal during a high-level event at Khalifa Port, in the presence of His Highness Sheikh Diab bin Zayed Al Nahyan, Chairman of the Department of Transport and member of the Abu Dhabi Executive Council. A new agreement ...

Dubai / Emirates Business SHUAA Capital reported its financial results for the quarter ended September 30. The group recorded profits for the third consecutive quarter as its turnaround under the new Board and executive management team continued. The third quarter saw net profits reach the AED23 million mark, an increase of 165% than last year (Q3 2016: net loss of ...