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Al Ain Convention Centre adds AED2.6b to Abu Dhabi’s economy

AL AIN / WAM Al Ain Convention Centre (AACC), the wholly-owned subsidiary of the Abu Dhabi National Exhibitions Company (Adnec), has contributed AED 2.604 billion to the economy of Abu Dhabi in direct and indirect impact between 2014 and 2018, Adnec announced on Wednesday. The leading exhibition and conference venue in the Garden City also hosted 78 events and exhibitions ...

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SMEs have major role in partnership with UAE: Borne

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 ...

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UAB reports AED22m profit in first quarter

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 ...

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