DUBAI / WAM Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, announced continued financial growth throughout its business during the first six months of the year, with overall group revenue expanding by 4 percent to AED15.7 billion and EBITDA increasing by 4 percent to AED2.0 billion. At constant FX …

ABU DHABI / Emirates Business Abu Dhabi recorded a remarkable 30% increase in the number of hotel guest arrivals this June, compared to the same month in 2016, boosted by an exceptional Eid Al Fitr period, which saw many premium hotels fully booked. In first six months of 2017, the emirate welcomed more than 2.25 million guests to its 165 …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) has requested all listed companies to disclose the agendas and outcome of their board meetings which discuss the possibility of awarding shares to their employees in form of equity incentives. The request comes in implementation of the Securities and Commodities Authority’s resolution under which the system of issuing public stock …