SHARJAH / WAM Sharjah Islamic Bank (SIB) projected strong results despite the current situation, with net profits totaling AED153.7 million in the first quarter of 2020 compared to AED151.7 million in 2018, an estimated 1.3 percent increase. In a statement by the bank on Sunday, the balance sheet reflects the bank’s strong performance and sound financial position with total assets ...

Dubai / Emirates Business Emirates has ramped up its capability to process refunds, reaffirming its commitment to customers and travel trade partners impacted by travel disruptions caused by the Covid-19 pandemic. With nearly half a million refund requests pending to manage, the airline has taken proactive steps to restructure its backend procedures and boost resourcing to accelerate the processing of ...

HADRAMAUT / WAM A total of 360,000 Yemenis in Hadramaut, Shabwa, and Al Hodeidah have benefited from the Ramadan food parcels deployed by the Emirates Red Crescent under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up of HH Sheikh Hamdan ...