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Emaar Malls 9-month revenue hits AED2.4bn

Dubai / WAM Emaar Malls, the developer of premium shopping malls and retail assets including The Dubai Mall, majority-owned by Emaar Properties, reported revenue of AED2.493 billion for the first nine months of 2020 (January to September). Emaar Malls reported net profit of AED586 million for the period ending September 30, despite the challenges posed by Covid-19. With the footfall ...

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Watania Takaful’s profits up 78% in nine months

Abu Dhabi / Emirates Business National Takaful Company (Watania) announced positive financial results in nine month during the financial of 2020, as the company’s net profits are up by 78% compared to corresponding period last year. The company achieved net profit of AED 17.8 million in nine month during the financial year 2020 as against AED 10.0mn in nine months ...

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Abu Dhabi unveils global centre for advanced technology research

Abu Dhabi / WAM Abu Dhabi has unveiled the Technology Innovation Institute (TII) the dedicated applied research pillar of the Advanced Technology Research Council (ATRC) committed to reinforcing Abu Dhabi and the UAE’s status as a global hub for innovation and advanced technologies. The institute aims to deliver discovery science and breakthrough technologies that have a global impact. It is ...

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