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Dubai Islamic Bank profit hits AED2.14bn

Dubai / Emirates Business Dubai Islamic Bank (DFM: DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, announced its first half results for the period ended June 30, 2017. The group net profit increased to AED 2,143 million (AED 2.14bn), up 7% compared with AED 2,004 million for the same ...

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DIFC Courts, Microsoft to create commercial court of future

DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts announced its partnership with Microsoft to drive digital transformation of the commercial courts’ systems in region and beyond. Building on a successful digital courts projects such as DIFC Courts’ Smart Small Claims Tribunal (SCT), DIFC Dispute Resolution Authority (DRA) signed a Memorandum of Understanding (MoU) with Microsoft during the International ...

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Empower extends support to State of Green Economy report as a platinum sponsor

DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, the world’s largest district cooling services provider, is to extend its support to the State of Green Economy report by Dubai Carbon Centre of Excellence (DCCE) as a Platinum Sponsor. The Green Economy report sheds light on Dubai’s accomplishments and achievements in developing and applying green economy charters throughout the different ...

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