ABU DHABI / EMIRATES BUSINESS The Board of Management of Federal Authority for Nuclear Regulation (FANR) approved its budget for next year at a meeting chaired by Board Chairman, Abdulla Nasser Al Suwaidi. The senior management provided the board with updates to key FANR activities, including the status of its review of the application for an Operating License for ...

  SHARJAH / EMIRATES BUSINESS The United Arab Bank (UAB), announced its financial results for the nine months ending September 30. Performance in the third quarter reflects continued positive traction against the bank’s transformation strategy. Aided by a substantial 44% reduction in Provisions for Credit Losses, stable Non-Interest Income and material cost savings from its streamlined operating model, UAB recorded ...

  RAS AL-KHAIMAH / WAM Ras Al-Khaimah Port, one of the emirate’s five port facilities, now established a new free zone area that comes under the licence jurisdiction of RAK Maritime City Freezone Authority. Commenting on the new facility, Captain Clifford Brand, CEO of Ras al-Khaimah Ports, said, “We believe that introducing a free zone alternative within RAK Port will ...