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ECI gets Fitch’s AA- rating for 3rd year in a row

DUBAI / WAM Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, Chairman of the Board of Directors of the Etihad Credit Insurance (ECI), commended the ECI for receiving the Insurance Financial Strength (IFS) Rating and an Issuer Default Rating (IDR) of AA- (Very Strong) with Stable Outlook from Fitch Ratings, for the third year in a row. Fitch ...

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NBF’s nine-month net profit up 36.4% to hit AED90.4mn

Fujairah / Emirates Business The National Bank of Fujairah (NBF) announced its results for the nine month period ended September 30. The bank achieved a net profit of AED90.4 million for the nine month period ended September 30, an increase of 36.4% over the corresponding period of 2020 driven by improving underlying business momentum and good progress across the bank’s ...

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Emirates to recruit 6,000 operational staff over next six months

Dubai / Emirates Business Emirates plans to boost its operational workforce as the carrier announced to recruit more than 6,000 staff over the next six months. As restrictions ease worldwide with the wider administration of the vaccine, additional pilots, cabin crew, engineering specialists and ground staff will be needed to support the airline’s ramp up of operations across its global ...

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