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Dubai Islamic nets AED2,004mn H1 profit

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, on Wednesday announced its 1st half results for the period ended June 30, 2016. Figures released on Wednesday show that Group net profit increased to AED 2,004 million, up 11% compared with AED ...

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NBAD earns AED1.376 billion profit in the first half of 2016

  Dubai / WAM National Bank of Abu Dhabi (NBAD) reported net profits of AED 1.376 billion for 2Q’16, up 8% sequentially (q-o-q), resulting from improvements in fee income, driven by continued momentum in Global Wholesale strategic flow products as well as Retail & Commercial outpacing the market. Expenses were essentially flat both sequentially and y-o-y as the Bank continued to ...

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DEWA receives ISO certification for digital information security

  Dubai / Emirates Business The Dubai Electricity and Water Authority (DEWA) received a certificate of commitment towards ISO standard ISO 27037:2012, which provides guidelines for how to deal with digital evidence. DEWA received the ISO certification based on criteria that includes procedures to ensure the safety and reliability of digital evidence by searching, identifying, and documenting the information, and ...

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