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Assets of 10 UAE banks soar to AED1.3trn in Q1

ABU DHABI / WAM Total assets of the 10 UAE banks which disclosed their Q1-2019 financial stateme-nts soared to AED1.3 trillion, 3.1 percent up from AED1.26 trillion during corresponding period last year. According to financial analysts and international consultancy firms, the financial statements released recently by the UAE banks have beaten expectations, with the national banks outperforming other sectors in ...

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Shurooq unveils AED130 million luxury projects

Emirates Business Sharjah Investment and Development Authority (Shurooq) has unveiled three new luxury hospitality projects worth AED 130 million at ATM 2019, which are nearing completion and slated for an official launch in the second half (H2) of 2019. Situated in three distinct historical and natural sites across the emirate of Sharjah, the three projects are Al Faya Lodge at ...

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Etihad launches fully-customisable economy experience

A320 a321 new economy 2 lr copy

Abu Dhabi / Emirates Business Etihad Airways unveiled a major Economy transformation programme starting with the cabin upgrade and refurbishment of 23 narrow-body Airbus A320 and A321 aircraft. The retrofit programme, which includes new personalised wireless streaming entertainment to smartphone and tablet devices, is scheduled for completion in August this year. The airline is also introducing a new and improved ...

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