WAM RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company’s annual general meeting due to be held on March 12. RAK Properties posted a 2.8 …

Abu Dhabi / EMIRATES BUSINESS Khalifa Industrial Zone (Kizad) has announced the launch of construction activities of National Food Product Company’s (NFPC) new 752,000-sq metre production facility. NFPC is one of the largest food producers in the UAE, known for its market leading products such as Oasis, Blu, Milco, Lacnor and Gulf &Safa. The facility, which will manufacture most of …

Dubai / Emirates Business British Airways has unveiled its prestigious new lounge at the newly built Concourse D in Dubai International Airport. The airline’s new concept lounge features a special Concorde Bar for those flying in First. The lounge has been designed to maximise space using architectural elements such as illuminated glass screens giving customers separate spaces to work, relax …