Dubai / Emirates Business Emirates NBD delivered a strong set of results with net profit up 15% to AED 6.17 billion for the first nine months of 2017. Net interest income improved 4% y-o-y due to loan growth and helped by a sustained improvement in margins. The operating performance was also supported by lower expenses and an improved cost of …

DUBAI / WAM Dubai Land Department (DLD) announced that over AED 1.3 billion worth of brokerage commissions were made in Dubai’s real estate market between the beginning of January 2017 and the end of September this year, with a total number of 6,200 active brokers working in Dubai’s real estate market. Real estate brokers achieved these commissions after securing land, …

Abu Dhabi / Emirates Business National Investment Corporation (NIC) has announced a AED3bn plus project to expand and upgrade Marina Mall alongside plans to develop a stunning new waterfront promenade. NIC, the breakwater developer and owner of Marina Mall Abu Dhabi, will commence work on the 300,000sqm expansion in the second half of 2018, while a series of upgrades to …