Recent Posts

Bank of Sharjah H1 profit reaches AED176 million

  SHARJAH / WAM The Bank of Sharjah on Sunday announced its financial results for the six months ended June 30, 2016. During the period, the bank continued to adopt a very conservative credit policy and reduced expensive deposits while maintaining high levels of liquidity and a considerably low loan to deposit ratio. Net profit for the first half of 2016 ...

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UAE’s EGA named among top ‘rapidly globalising companies’

  ABU DHABI / WAM Emirates Global Aluminium (EGA), one of the world’s leading aluminium producers, has been named one of the top rapidly globalising companies in the Boston Consulting Group (BCG) 2016 Global Challengers report. This is EGA’s second citing, having also been included in the 2014 edition of the BCG Global Challengers report which focuses on the innovative business ...

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Abu Dhabi rolls out the red carpet as Solar Impulse 2 enters final straight

  Abu Dhabi / WAM Solar Impulse 2 (Si2), the solar-powered plane attempting to become the first aircraft in the world to circumnavigate the Earth without using a drop of fossil fuel, will complete its epic journey in the early hours of Tuesday morning, returning to the city where its adventure began in March last year. The iconic aircraft’s arrival in ...

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