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SIB reports 289.5m net profit in H1

Sharjah / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 25.6 percent, amounting to AED 417.3 million for the first six months, compared to AED 332.3 million for the same period of the previous year. Net profit amounts to AED 289.5 million for the six months period ended June 30 compared to AED ...

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UAE among top 20 in world for fixed broadband speeds

Dubai / WAM The UAE has ranked among top 20 countries globally in the fixed broadband index with the fastest average download speeds in May 2021, according to the latest data from Ookla, a global leader in fixed broadband and mobile network testing applications, data and analysis. “This global achievement is a testimony to UAE leadership’s vision and commitment in ...

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Abu Dhabi’s Al Dhafra Festival expanded

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, the 15th edition of Al Dhafra Festival will be held from October 28, to January 22, 2022. HH Sheikh Mohamed issued directives to expand the festival to include camel mazayna (beauty ...

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