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Agthia Group approves 15 percent cash dividend

ABU DHABI / WAM Agthia Group shareholders approved a cash dividend of 15 percent for an amount of AED90 million during its recent 14th Annual General Meeting in Abu Dhabi. Agthia Group PJSC, a UAE food and beverage company, had previously reported that net profit had increased to AED211 million in 2018, 11 percent higher when non-repeating items were excluded ...

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Noor Bank inks partnership with Emirates Skywards

Dubai / WAM Noor Bank enriched its loyalty, rewards and savings account portfolio by announcing a partnership with Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai. John Iossifidis, CEO of Noor Bank, and Dr. Nejib Ben Khedher, Senior Vice President of Emirates Skywards, signed the partnership agreement that appoints Emirates Skywards as the bank’s primary points transfer partner. ...

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AED201.4bn of cheques handled in two months

Abu Dhabi / WAM A total of 2.35 million cheques worth AED201.4 billion were handled by the UAE Clearing Cheque System during first two months of 2019, according to statistics released on Sunday by the Central Bank of United Arab Emirates (CBUAE). The cheques handled during this period account for 19.25% of the total value of cheques handled throughout 2018, ...

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