Recent Posts

Emaar Properties records AED5.23bn net profit in 2016

  Dubai / WAM Global developer Emaar Properties PJSC recorded a robust full-year 2016 net profit of AED5.233 billion, 28 percent higher as compared to the FY 2015 net profit of AED4.082 billion. Emaar achieved FY 2016 revenues of AED15.540 billion, an increase of 14 per cent over FY 2015 revenues of AED13.661 billion. Highlighting the strength of its diversified business ...

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Foreign investors buy AED3bn shares in ADX in one month

  Abu Dhabi / WAM Foreign investors’ purchases in Abu Dhabi Securities Exchange (ADX) in January 2017 reached AED3.13 billion, representing 40.4 percent of total buy trades, whereas their sell stood at AED2.723 billion, representing 35.2 percent of total sell trades. Subsequently, the net foreign investment in January reached AED 406 million. ADX general index in January grew by 0.03 percent ...

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Dubai Chamber presents CSR Label to 39 companies

  Dubai / WAM Dubai Chamber of Commerce and Industry (DCCI) has honoured 39 companies with the CSR Label for their Corporate Social Responsibility, CSR, and sustainability efforts. Those who received the accolade included Intercoil International Co. LLC, Mashreq, Qurum Business Group, and Standard Chartered Bank for the sixth time, while Ducab, Emirates Transport, Emrill Services, Majid Al Futtaim Properties, National ...

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