RITIKA SHARMA EMIRATES BUSINESS Mashreq, one of UAE’s leading financial institutions, was selected ‘Best Private Bank for Super Affluent Clients in the UAE in the prestigious Euromoney’s 13th annual private banking survey for 2016. “Awarding Mashreq with the prestigious title of ‘Best Private Bank for Super Affluent Clients in the UAE’ reflects our position as a key player in the ...

ABU DHABI / WAM Abu Dhabi Islamic Bank(ADIB), a leading financial services group, has acted as the exclusive sell side advisor to Egon Oldendorff GmbH & Co. KG, part of the Oldendorff Group, the bank announced. Oldendorff is one of the world’s largest dry-bulk operators, ADIB acted on the full sale of its subsidiary Emirates Ship Investment Company LLC.

Abu Dhabi / EMIRATES BUSINESS Abu Dhabi Airports reported an 8.7% increase in passenger traffic at Abu Dhabi International Airport (AUH), for February 2016, compared to the same month last year. A total of 1,863,942 people traveled through AUH last month, exceeding February 2015’s figure of 1,715,540. “We continue to see year on year growth in passenger numbers traveling through ...