Our Correspondent EMIRATES BUSINESS Western Furniture LLC, the premier retailer of upscale home furniture in the UAE, welcomes the German furniture brand ‘Draenert’ into its portfolio of luxury, first-class products. The collection highlights outstanding creations of coffee tables and dining tables with patented extension mechanism and wide spectrum of chairs with various functionalities and shapes. Founded by Karin and …

  Abu DHABI / Emirates Business Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 989.5 million for the first half of 2016, a year-on-year (YoY) increase of 3.8 percent. Total assets grew by 5.6 percent YoY to AED 121.5 billion, with customer deposits rising 9.3 percent to AED 97.4 billion, while loans grew by 6.9 percent to …

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to the President of the French Republic, Francois Hollande, on the occasion of his country’s National Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al …