ABU DHABI / WAM Start-ups are at the heart of the new joint France-UAE strategy in the field of Artificial Intelligence (AI), according to French Minister of Transport, Elisabeth Borne, who also believes that many French entrepreneurs have found in the UAE “an ideal place to express their creativity and innovation skills.” “Each year, thousands of French entrepreneurs take part ...

SHARJAH / WAM United Arab Bank (UAB), announced its financial results for the three months ending March 31. UAB reported a net profit of AED22 million in Q1 2019 supported by an increase in interest income of six percent and uplift in non-interest income of three percent compared to Q1 2018. The bank has reported three percent lower operating expenses ...

ABU DHABI / WAM Agthia Group on Wednesday reported Q1 2019 net profit of AED40 million and revenue of AED508 million, representing revenue growth of 3.4 percent compared to the same period in 2018. Dhafer Ayed Al Ahbabi, Chairman of Agthia, said, “Our core businesses maintained their growth momentum in the first quarter despite persistent market challenges. We continue to ...