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Adnic Q1 net profit reaches AED52.6m

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), on Wednesday reported its financial results for the first quarter ended March 31. Adnic achieved significant gross written premium growth by 42.8 percent to AED1.74 billion, compared to AED1.22 billion for the same period in 2018. Adnic’s net profit reached AED52.6 million. Commenting on Adnic’s performance, Sheikh Mohamed bin Saif ...

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Sheikh Mohammed launches ‘Well of Hope’ competition

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has called on government and private sector employees through his social media platforms to participate in a new innovative humanitarian competition. Launching the “Well of Hope” competition, Sheikh Mohammed bin Rashid Al Maktoum tweeted, “A new institutional humanitarian ...

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New sustainability requirements for Dubai hotels issued

Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced 19 sustainability requirements that hotel establishments across the emirate will be mandated to comply with under new direction in line with the Dubai Sustainable Tourism (DST) initiative. The requirements have been laid out to support the emirate’s hotel establishments in their compliance with the Dubai ...

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