Abu Dhabi / WAM Ras Al-Khaimah Free Trade Zone (RAK FTZ) has received another prestigious award from the inaugural BURJ CEO Awards, winning the “Best Global Free Zone,” at Washington DC, USA, RAK FTZ’s third recognition from award-giving bodies this year. On behalf of the free zone, Izzat Barakat, RAK FTZ’s Chief Commercial Officer, accepted the award from H.H. Sheikh ...

  Abu Dhabi / WAM The First Gulf Bank (FGB) reported second quarter 2016 Group revenue growth of 3%, while Q2’ 2016 net profits were recorded at AED 1.31 billion compared to AED 1.33 billion for the previous quarter. FGB reported a group net profit of AED 2.64 billion for the six-month period ended 30th June 2016, compared to AED 2.87 ...

  Abu Dhabi /WAM The Ministry of Finance(MoF) continues its efforts to implement the financial circular No.3 for 2016 on ‘uploading Emirates ID details within employees’ records in the Federal Financial System’. Since the issuance of the circular in April, the number of employees with incomplete or inaccurate national ID details went down to 280 employees compared to 3,000 employees ...