ABU DHABI / WAM A delegation from the Infrastructure and Environment Committee and the Social Development Committee inspected workflow at a number of ongoing housing projects in the city of Al Ain, including the Jebel Hafeet and Ain Al Fayada residential projects. The delegation was headed by Falah Mohamed Al Ahbabi, Chairman of the Infrastructure and Environment Committee, and …

  Dubai / WAM Global developer Emaar Properties PJSC recorded a robust full-year 2016 net profit of AED5.233 billion, 28 percent higher as compared to the FY 2015 net profit of AED4.082 billion. Emaar achieved FY 2016 revenues of AED15.540 billion, an increase of 14 per cent over FY 2015 revenues of AED13.661 billion. Highlighting the strength of its diversified business …

  Abu Dhabi / WAM Foreign investors’ purchases in Abu Dhabi Securities Exchange (ADX) in January 2017 reached AED3.13 billion, representing 40.4 percent of total buy trades, whereas their sell stood at AED2.723 billion, representing 35.2 percent of total sell trades. Subsequently, the net foreign investment in January reached AED 406 million. ADX general index in January grew by 0.03 percent …