ABU DHABI / WAM The inflation rate in the Consumer Price Index (CPI) in the Emirate of Abu Dhabi for the first quarter of 2016 was up 3.2%, compared with the same period of 2015, according to a report released by Statistics Centre – Abu Dhabi (SCAD). The annual inflation rate for the first quarter of 2016 was 3.2%, …

  DUBAI / EMIRATES BUSINESS Arabian Travel Market (ATM) 2016, the region’s leading travel industry showcase, opens its doors on Monday for four days of business networking opportunities, insightful seminar sessions, leadership forums, and recognition of 12 months of industry achievement. It takes place at the Dubai International Convention & Exhibition Centre from April 25-28.

  DUBAI / WAM Noor Bank on Sunday announced its financial results for the year ending 31st December 2015, with the bank reporting a net operating profit of AED561 million. The increase in profitability was fuelled by a 73% surge in fee and commission income and supported by a 35% rise in net income from financing.