Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology announced the development of a high-performance solar absorber that could make solar thermal technologies significantly more efficient. Masdar Institute is part of the Khalifa University of Science and Technology. The solar absorber, developed with the Massachusetts Institute of Technology (MIT), features an ultrathin nanocomposite film made of silver ...

FUJAIRAH / WAM National Bank of Fujairah (NBF) announced its results for the six month period ended June 30, 2017. It shows a net profit of AED154.9 million in second quarter of 2017, Q2, a rise of 24.4 percent over the corresponding quarter of 2016. On the back of a strong Q2 2017 performance, NBF reported a net profit of ...

ABU DHABI / WAM Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced that savings from implementing employee suggestions have reached AED 17 million since the start of the year, with employees making over 18,000 suggestions for operational and technical improvements since the year began. EGA’s employee suggestion scheme is a foundation ...