Sharjah / WAM Sharjah Islamic Bank’s ordinary general assembly meeting has approved a cash dividend of 10 percent of the nominal value of the shares, following the bank’s announcement of a net profit of AED409.9 million in 2015. This represents an increase of nine percent, compared to the AED 377.2 million profit reported in 2014. The announcement was made during …

Abu Dhabi / WAM The Board of Directors of Waha Capital has recommended distribution of a cash dividend of 20 fils per share, equivalent to 20 percent of its paid-up capital, for eligible shares. Hussain Jasim Al Nowais, Chairman of Waha Capital, said, “Thanks to our increasingly diversified portfolio of investments, Waha Capital produced a strong performance in 2015 despite …

Dubai / Emirates Business In line with the Dubai Health Authority’s policy to continue providing specialized medical care to the population of Dubai, the Authority is hosting visiting doctors who are currently practicing medicine in countries such as Germany and Belgium. Abdulrahman Mohammad Al Owghani, Director of General Foreign Relations and Media Department at the DHA said that the doctors …