Dubai / emirates business Drake & Scull International PJSC (DSI) announced its preliminary un-audited financial results for the fiscal year 2015 ended December 31. DSI continued to execute its projects on schedule and reported revenue of AED 1.4 billion in Q4 2015 compared to AED 1.1 billion reported for the same period last year. DSI normalized its profitability following the …

ABU DHABI / EMIRATES BUSINESS Abu Dhabi Islamic Bank (ADIB) has reported a net profit of AED 1,934 million for 2015, a 10.5 percent increase from a year earlier. The number of customers increased by over 100,000. This reflects the continued growth of ADIB’s main banking activities across all customer segments, particularly its ongoing penetration and targeting of the UAE’s …

DUBAI / Emirates Business HE Sultan Ahmed bin Sulayem, Chairman of the Dubai Ports, Customs and Free Zone Corporation and Chairman of Dubai Maritime City Authority (DMCA), headed the inauguration ceremony of the Maersk Training centre headquartered in Dubai World Central. H.E. Bin Sulayem cut the ribbon for the official launch of the first-of-its-kind training centre in the Middle East, …