Dubai / Emirates Business Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by 3 percent during the first six months (January to June) of 2019 to AED1.130 billion ($308 million), compared to the net profit of AED1.102 billion ($300 million) during the same period in 2018. Revenue for H1 2019 ...

Bloomberg Oil climbed to its highest level in more than two weeks as strong summer demand in the US continued to drain stockpiles. Futures rose as much as 1.3% after the Energy Information Administration reported American crude inventories fell by 8.5 million barrels last week, a seventh straight decline that was higher than all industry and analyst estimates. Stockpiles of ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), has expanded its sustainable finance outreach to Kenya. The Financial Services Regulatory Authority (FSRA), of ADGM and the Capital Markets Authority (CMA), of Kenya entered into a Memorandum of Understanding on Wednesday to enhance cooperation in sustainable finance in each other’s markets. Paul Muthaura, Chief Executive of CMA, and Philippe Richard, Executive Director-International ...