Dubai / WAM Arab Bank Group continued its strong financial performance during the first quarter of 2016, reporting net profit after taxes and provisions of USD 218.3 million, compared to USD 217.2 million for the same period last year. Shareholders equity, meanwhile, rose to USD 8 billion. The Bank’s balance sheet remains strong with loans and advances growing by 3% …

  Dubai / WAM Dubai Financial Market Company on Saturday announced a first quarter net profit of AED 86 million, a 27 per cent increase compared to Dh67.7 million during the corresponding period of 2015. The company’s total revenue increased by 11 per cent to AED 127 million in Q1-2016 compared to Dh114.5 million during Q1-2015. The revenues comprise AED105.6 million …

  Abu Dhabi / EMIRATES BUSINESS ADNOC Distribution on Sunday opened an ADNOC Oasis store also known as ‘ADNOC Oasis 365’ convenience store in twofour54 which is Abu Dhabi’s Media Zone Authority. The opening of the store represents the tenth of its kind in the 365 convenience store chains in the Emirate of Abu Dhabi. The opening comes as part …