Abu Dhabi / WAM The Board of Directors of the UAE Central Bank has reviewed the bank’s Q4 Report for 2016, which covered various banking related issues. The first meeting in 2017, held under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board, reviewed a report from the Monetary and Reserve Management Department, which included systemic prudential ratios …

  Abu Dhabi / WAM The Masdar Institute of Science and Technology, the independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, announced that its research team, one of the inaugural recipients of the US$5 million grant from the UAE Research Program for Rain Enhancement Science last year, has filed a provisional patent with the United States Patent and …

  Bloomberg Nintendo Co. reported quarterly profit above projections and increased its outlook for the year, but anemic sales highlighted how important it is for the company’s new Switch console to succeed. A weaker yen and brisk holiday sales helped the Kyoto-based game maker deliver profit of 64.7 billion yen ($569 million) for the period ending in December, exceeding analysts’ …