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Home Depot wraps up year with another big quarter

Atalanta / AP Home Depot reported better-than-expected profit and revenue in the fourth quarter and comparable-store sales jumped as the company continues to ride a sustained recovery in the housing market. The nation’s largest home improvement retailer also boosted its quarterly dividend by 17 percent. Solid job gains and low mortgage rates have fueled a rebound in home sales. Builders ...

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Empower’s net profit touches AED516mn

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), has recorded a net profit of AED516 million for fiscal year ended December 2015, representing an impressive 27% increase over 2014. Total revenues for the year reached AED 1.66 billion, a 12% increase YoY. “Empower achieved an annual increase of 6.7% in its cooling capacity, to pass it over 1,115,000 Refrigeration ...

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Dubai Courts’ Al Jawhara Women’s Council achieves 2015 targets

DUBAI / EMIRATES BUSINESS Dubai Courts’ Al Jawhara Women’s Council Women Council’s recently released ‘Annual Report 2015’ shows its last year’s accomplishments made possible through the implementation of its various strategic initiatives. The Council’s main focus included investments in human resources and improvement of women’s competencies to activate their leadership role and increase their participation in social, cultural and sports activities ...

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