DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Wednesday announced Rashid 2, a new Emirati lunar mission that will be undertaken by the Mohammed bin Rashid Space Centre (MBRSC). His Highness Sheikh Mohammed, accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai …

FUJAIRAH / WAM National Bank of Fujairah (NBF) announced its results on Wednesday for the first quarter of 2023 ending on March 31. NBF recorded year-on-year growth of 151.8 percent to close the three month period at a net profit of AED 152.0 million compared to AED 60.4 million in the corresponding period of 2022. This demonstrates the bank’s enhanced …

RAS AL KHAIMAH / WAM The National Bank of Ras Al Khaimah (RAKBANK) on Wednesday reported its financial results for the first quarter of 2023 (Q1 2023) ending on March 31. RAKBANK delivered a Net Profit increase of 105 percent for Q1 2023 driven by a robust and diversified growth on both sides of the balance sheet. This was underpinned …