Dubai’s DP World profit up US$883mn

Dubai / AFP Dubai’s DP World, one of the world’s largest port operators, said on Thursday that a major acquisition and “robust” growth helped its profit to surge 30.7 percent to $883 million in 2015. Revenues grew 16.3 percent to $3.97 billion, the company said in a statement. DP World’s ports handled 29.1 million TEUs (twenty-foot equivalent units), the standard ...

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Amanat Holdings net income hits AED50.6mn

Dubai / WAM Amanat Holdings PJSC (“Amanat”), the region’s largest integrated healthcare and education company, on Thursday announced its net profit of AED50.6mn for the period since inception on the November 17, 2014 to December 31, 2015. Amanat reported total income of AED89.6mn, comprised mainly of AED57.3mn of gain and dividends from Al Noor Hospitals Group and an AED 32.3mn ...

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Levels of industrial pollutants below federal limits in Abu Dhabi

Abu Dhabi / WAM The Department of Economic Development(DED), Industrial Development Bureau (IDB), has said that the levels of all pollutants from industrial establishments in Abu Dhabi were lower than federally accepted limits for 2015. The IDB expressed its intention to set a register for technical inspection and testing companies in coordination with the Abu Dhabi Quality and Conformity Council ...

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MoI signs AED1bn contracts

ABU DHABI / WAM The total value of contracts signed by the Ministry of Interior (MoI) and the Abu Dhabi Police General Headquarters during the International Exhibition for National Security and Resilience has exceeded AED 1 billion. The MoI and the Abu Dhabi Police General Headquarters signed AED652,385,430 worth of contracts on the final day of ISNR Abu Dhabi 2016.

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Aldar contributes AED48mn

ABU DHABI / WAM Aldar Properties has announced that following approval by the Board of Directors, the Company will contribute a sum of AED48 million to The National Fund. The contribution reflects the priority that Aldar attributes to its corporate social responsibility as a leader in the community. “We are delighted to be making this contribution to UAE Society,” said ...

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Microcredit meet declaration

ABU DHABI / WAM The 18th Microcredit Summit Campaign on Thursday concluded in the capital under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council. The delegates recognized the importance of microfinance and financial inclusion in contributing to a balanced distribution of development growth, poverty alleviation, reduction in unemployment, social welfare, ...

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Levels of industrial pollutants in Abu Dhabi below federal limits

ABU DHABI / WAM Industrial Development Bureau (IDB) of The Department of Economic Development (DED), has said that the levels of all pollutants from industrial establishments in the Emirate of Abu Dhabi were lower than federally accepted limits for 2015. The IDB expressed its intention to set a register for technical inspection and testing companies in coordination with the Abu ...

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RAK Ceramics appoints CSC global IT supports, maintenance provider

Emirates Business RAK Ceramics PSC, one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, has awarded Computer Sciences Corporation (CSC), a leading provider of next-generation technology solutions and services, with an exclusive contract to provide Systems Applications Programs (SAP) process transformation and support work over the next three years. This strategic initiative, which will be driven from CSC’s ...

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Casio launches camouflage GA-100MM in the Mideast

Sunaina Rana / Emirates Business The new G-Shock and camouflage design, Casio GA-100MM marks its arrival in the Middle East. The new Casio watch is now available across all Casio points of sale in the UAE. Tsuneo Nagai, Managing Director, Casio Middle East told Emirates Business, “The striking good looks and innate toughness that is built into the GA-100MMNA is ...

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‘Face to Face’ ushers you to world of art

Sunaina Rana / Emirates Business La Galerie Nationale’s French owner Guillaume Cuiry organised an Art Preview titled ‘Face to Face’ for the art aficionados in Dubai. While talking about the exhibition, Guillaume Cuiry said, “‘Face to Face’ is exciting and is a personal journey for all visitors. This exhibition would offer a glimpse of the artworks made by the five ...

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