Recent Posts

Empower to participate in WETEX ’16 in Dubai

  DUBAI / WAM As part of its pioneering role in energy, environment and district cooling, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, will participate in the Water, Energy, Technology, and Environment Exhibition (WETEX 2016). To be organised by DEWA under the directives of Vice President and Prime Minister of and Ruler of Dubai, ...

Read More »

Dubai Islamic nets AED2,004mn H1 profit

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, on Wednesday announced its 1st half results for the period ended June 30, 2016. Figures released on Wednesday show that Group net profit increased to AED 2,004 million, up 11% compared with AED ...

Read More »

NBAD earns AED1.376 billion profit in the first half of 2016

  Dubai / WAM National Bank of Abu Dhabi (NBAD) reported net profits of AED 1.376 billion for 2Q’16, up 8% sequentially (q-o-q), resulting from improvements in fee income, driven by continued momentum in Global Wholesale strategic flow products as well as Retail & Commercial outpacing the market. Expenses were essentially flat both sequentially and y-o-y as the Bank continued to ...

Read More »
Send this to a friend