ABU / WAM Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, on Thursday announced its full year audited financial and operational results for 2015, showing that the revenues increased to AED 34.1 billion as profit remains stable at AED 1.2 billion. Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said: “Mubadala managed through the significant macroeconomic …

DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has approved Executive Council Resolution No (9) of 2016 on the amendment of the fee schedule related to licensing of professionals working in the field of ambulance services. The resolution replaces the fee schedule annexed to the Executive …

DUBAI / WAM Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of Zayed Housing Programme (ZHP), has signed two contracts for building and maintaining two residential complexes in the Emirates of Umm Al Qaiwain and Ras Al Khaimah at a total cost of AED622.65 million. The first AED298.65 million contract, signed with the National Gulf …