DUBAI / WAM Dubai Investments has announced net profit of AED202 million in the first quarter of 2019, compared to AED362 million for the same period last year. Profit for the quarter ended March 31, 2018 included an overall gain of AED333 million on acquisition of stake in Emirates District Cooling, Emicool. Total assets increased to AED20.11 billion, compared to ...

DUBAI / WAM The United Arab Emirates has recorded a 53 percent increase in farm products reaching the market in the past six months. Data from the Emirates Authority for Standardisation and Metrology (Esma), showed a marked increase in the quantity of available farm produce and livestock between the last quarter of 2018 through April 2019. ”The area of organic ...

DUBAI / WAM Dubai International (DXB), welcomed 22.2 million passengers in the first quarter of 2019, down 2.2 percent from the same period last year due largely to reduced flights and a shift in the timing of the Easter holiday. The first quarter of 2019 saw a total of 22,230,810 customers served. The average monthly passenger traffic volume of 7.41 ...