DUBAI / WAM Emirates NBD’s profit more than doubles to a record AED 6 billion in the first quarter of 2023, demonstrating the success of the group’s diversified business model and a healthy regional economy. This is also a record quarter for income which exceeds AED10 billion for the first time ever. The exceptional increase in profit reflects higher margins, ...

SHARJAH / WAM Shareholders of Dana Gas on Thursday approved the Board of Directors’ recommendation at the company’s Annual General Assembly to distribute a further 4.5 fils per share cash dividend for the second half of the financial year ended on December 31, 2022. Shareholders holding the shares as of May 4 will be eligible to receive the interim dividend. ...

NICOSIA / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, was received by Nikos Christodoulides, President of Cyprus, during his visit to Nicosia. At the meeting, HH Sheikh Abdullah conveyed the greetings and best wishes of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to Christodoulides, and congratulated him on ...