DUBAI / WAM Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by global property developer Emaar Properties, reported first-quarter (January to March) 2016 net profit of AED 529 million (US$144mn), 22 per cent higher than the Q1 2015 net profit of AED433mn (US$ 118 mn). Rental income for the first three months of the year is …

  Sunaina Rana / Emirates Business International and local tanneries, designers, suppliers, and leather manufacturers are sharing centre-stage this week, as the Middle East’s only dedicated leather industry trade show opened in Dubai on Tuesday. The three day event at the Dubai International Convention and Exhibition Centre, Leatherworld Middle East 2016 is featuring 70 exhibitors from 16 countries, all of …

  DUBAI / WAM The Sheikh Zayed Housing Programme has endorsed the names of 447 eligible citizens for housing loans and grants worth AED218.9 million, of which 317 will be loans and 130 grants. This was revealed during the third Board of Directors meeting of the programme chaired by Dr Abdullah Belhaiv Al Nuaimi, Minister of Infrastructure Development, and Chairman …