ABU DHABI / WAM Foreign investors’ purchases in July 2017 reached AED1.391 billion at Abu Dhabi Securities Exchange (ADX) accounting for 42.5 percent of total buy trades, whereas their sales stood at AED1.365 billion, comprising 41.7 percent of total sell trades, bringing to AED26 million the net foreign investments in July, with net institutional investments in the same month amounting ...

SHARJAH / WAM Air Arabia, a Sharjah-based low-cost airline, announced strong financial results for the second quarter of this year ending June 30, 2017. The company registered a net profit of AED158 million, an increase of 21 percent compared to the AED131 million reported for the same period last year, according to the financial results. The turnover increased to AED ...

Dubai / Emirates Business Smaat, the leading digital marketing and communications agency in the Kingdom of Saudi Arabia, announced its expansion into the United Arab Emirates, together with the launch of its digital marketing and communications services and consulting through its new office in Dubai Design District (d3) in the city of Dubai. The expansion through the Dubai office, which ...