Dubai / WAM Dubai’s external food trade in the first half of the year totalled nine million tonnes, representing a value of AED32 billion, Dubai Customs announced on Monday. According to the latest trade statistics, Dubai’s food imports touched AED22 billion (6.23 million tonnes), while exports reached AED5.5 billion (2.1 million tonnes) and re-exports amounted to AED4.5 billion (733,000 tonnes) ...

Dubai / WAM Emirates NBD, a leading banking group in the region, delivered a net profit of AED 4.1 billion for the first half of 2020. Net interest income increased 36% y-o-y and non-funded income grew 24% y-o-y with the acquisition of DenizBank in 2019, the bank said in a statement. Total assets at AED 694 billion, up two percent ...

AD DURAYHIMI / WAM The UAE has dispatched an aid convoy containing ten tons of food rations to Ad Durayhimi District, in Yemen’s Al Hodeidah governorate, as part of its ongoing food aid campaign in the country. The assistance – which included food baskets containing staple foods such as rice, flour and cooking oil – reached 3,600 people in the ...