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DFM’s Q1 net profit hits AED102.34mn

  DUBAI / WAM The Dubai Financial Market Company (DFM) announced its financial results for the first quarter of the year ending 31 March 2017, reporting a net profit of AED102.34 million, 19% increase compared to AED86 million during the corresponding period of 2016. The company’s total revenue has grown by 18% to AED149.34 million in Q1 of 2017 compared to ...

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Abu Dhabi expo hosts innovative projects by Emirati women

  ABU DHABI / WAM An annual exhibition organised by the Abu Dhabi Businesswomen Council opened on Monday to showcase the innovative projects launched by Emirati women entrepreneurs. Entrepreneurs from the UAE, Bahrain and Kuwait are participating in the exhibition held under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the ...

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Emirates NBD first bank to utilise AECB scoring system

  DUBAI / WAM Emirates NBD announced it is the first bank in UAE to process loan or card applications utilising Al Etihad Credit Bureau Consumer Retail Banking Score. The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE’s retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad ...

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