Emirates Business Arab Bank Group announced its results for the first quarter of 2017 reporting a net profit after tax of $218.2 million as compared to $218.3 million. Net operating income before provisions and taxes reached $290 million driven by growth in the underlying core banking revenue. Excluding the effect of foreign currency devaluations, the Bank’s net operating income ...

  DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has endorsed the project to improve the Latifa Bint Hamdan Street and the Junction of Umm Al-Sheef-Latifa Bint Hamdan Streets at cost AED800 million. The project links Jumeirah district with Al Khail Road and the Parallel Roads ...

  DUBAI / WAM Dubai International Financial Centre (DIFC) signed an MoU with Mumbai Metropolitan Region Developmental Authority (MMRDA), an urban town planning and development authority established by Government of the State of Maharashtra. The City of Mumbai endeavours to set up its own international financial centre, in order to position it as the financial capital of India. In support ...