Sharjah / WAM Air Arabia (PJSC) on Wednesday announced financial results for the fourth quarter (October to December) 2018, delivering a strong operational and financial performance. Air Arabia reported a net profit of AED 26 million for the fourth quarter 2018, in line with the strong net profit recorded in the same period last year. Turnover for the three months ...

Dubai / Emirates Business Noor Bank, a leading Shari’ah-compliant bank in the UAE, on Wednesday announced its year-end 2018 financial results. The bank delivered a strong performance with a net profit of AED 676 million prior to adjustments for property revaluations, amounting to a 74% improvement in underlying performance. Net profit after adjustments was AED601 million, representing a growth of ...

Abu Dhabi / Emirates Business Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the sixth edition of the World Ocean Summit will convene in Abu Dhabi next month. The summit will provide a forum for a global gathering of over 500 ...