Abu Dhabi / WAM Pursuant to Circular No. 03 for 2016, issued on April 3, regarding the uploading of employee Emirates ID numbers in the Federal Financial System, an essential reference for all financial transactions and procedures at the national level, the Ministry of Finance (MoF) announced that it will begin implementation of the circular, and will withhold July salaries ...

  Abu Dhabi / Emirates Business Union National Bank (UNB), one of the leading banks based in the United Arab Emirates, recorded a profit of AED 922 million for the first half of 2016 down by 22% year-on-year. The profit for the second quarter of 2016 of AED 472 million was up by 5% compared to the first quarter of ...

  Dubai / Emirates Business A10 Networks , a leader in application networking and security, on Thursday announced that the company has signed a Value-Added Distributor (VAD) partnership with Shifra, that will enable the distributor’s regional channel partners to offer A10 Networks’ technology solutions to enterprise customers across the Middle East. Shifra will help A10 build on the company’s success ...

  Dubai / Emirates Business Kia Motors Corporation announced on Thursday its June 2016 global sales figures (export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 268,886 units sold. This figure represents an 11.4% year-on-year increase compared to the same month of 2015. In June, Kia posted ...

  Abu Dhabi / Emirates Business Fun Nation, a series of exciting and engaging workshops and performances will entertain guests of all ages at du Forum, Yas Island from July 14 to August 6 as part of Abu Summer Season 2016. An exhilarating range of sports, fashion, gaming and cooking events will be held under one roof at this all-new ...

  London / AFP British Prime Minister Theresa May completed a major overhaul of the government on Thursday, promoting leading Brexit campaigners and stunning observers by picking gaffe-prone Boris Johnson as her top diplomat. After six years as interior minister under David Cameron, May took office on Wednesday signalling her intention to start with a clean slate — before ruthlessly ejecting ...

  Berlin, Germany / AFP Europe’s media reacted with incredulity, sarcasm and sometimes dismay on Thursday to the news that top Brexit campaigner Boris Johnson is Britain’s new foreign secretary. In a shock move, new PM Theresa May appointed the eccentric former London mayor, known for his political antics and gaffe-prone style, as the top diplomat to lead the country ...

  Dallas / AFP Funerals were held for two of the five officers killed in last week’s sniper shooting in Dallas, one day after President Barack Obama addressed a public memorial service honoring the slain police. Onlookers paused to pay their respects to Lorne Ahrens of the Dallas Police Department and Brent Thompson, an officer with Dallas Area Rapid Transit, as ...

  Caracas / AFP Venezuelan President Nicolas Maduro has extended the country’s state of “economic emergency” for another 60 days, an official newspaper reported, a sign of declining conditions in the crisis-hit country. The state of emergency, in place since January, was necessary due to “extraordinary… social, economic, political, natural and ecological” pressures, according to the presidential decree, signed by Maduro ...

  Washington, United States / AFP White House hopeful Donald Trump will announce his pick for vice president in New York Friday, he said on Twitter, as speculation runs rampant over a handful of potential running mates. Among those believed to be at the top of the Republican’s list are Indiana Governor Mike Pence, New Jersey Governor Chris Christie and ...