Dubai / WAM Emaar Properties has revealed H1 revenues of AED9 billion and over AED2 billion in net profit, according to a statement by the real estate Dubai-based giant on Wednesday. Mohamed Alabbar, Founder of Emaar, said: “Our performance in the first half of 2020 has demonstrated our fundamental ability to retain strength and act with agility and speed in ...

Dubai / WAM Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED587.6 million and AED 2.5 billion in net revenue for H1 2020. In a statement, the bank said net revenue for H1-2020 decreased to AED2,556.6 million from AED2,887.1 million in H1 2019. Jawaan Awaidah Al Khaili, Chairman of ADIB, said: “This period demonstrated the resilience of bank’s ...

Sharjah / WAM The Eastern Region of the emirate of Sharjah, which includes Kalba, Khor Fakkan and Dibba Al Hisn, is witnessing the implementation of various development projects related to roads, infrastructure, tourism, heritage, environmentally-friendly hotels and resorts that will shape the future of the region. HH Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of ...