United Arab Bank pre-tax net profit up by 12% for first nine months of 2024

SHARJAH/WAM United Arab Bank PJSC (UAB) has announced its financial results for the nine months ended 30th September 2024. UAB posted a net profit before tax of AED 233 million for the first nine months of 2024 compared to AED209 million for the same period last year, representing a year-on-year increase of 12%. Net interest income was higher by 20% ...

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UAE Floating Hospital in Al Arish opens physiotherapy department

AL ARISH/WAM As part of Operation Chivalrous Knight 3, the UAE Floating Hospital in Al Arish, Egypt, has announced the opening of a physiotherapy department, aimed at providing the highest level of healthcare services to Palestinian patients and injured individuals from the Gaza Strip. This opening reflects the UAE’s steadfast humanitarian commitment to supporting the Palestinian people in Gaza in ...

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‘UAE Stands with Lebanon’: Second drive at Dubai Expo City sees 250 tonnes of supplies collected

DUBAI/WAM In the second week of the “UAE stands with Lebanon” national relief campaign, a second collection drive with the participation of 2,000 volunteers was organised at Exhibition Centre, Dubai Expo City, resulting in the collection of 250 tonnes of relief materials, including food, medicine and shelter equipment. The total collection in the campaign with the active involvement of UAE ...

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UAE President arrives in Moscow on official visit

MOSCOW/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in Moscow on Sunday on an official visit to the Russian Federation. Upon his arrival at Vnukovo International Airport, an official reception ceremony was held for His Highness, with the national anthems of both the UAE and Russia played and an honour guard assembled to welcome him. His ...

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South Indian Bank Introduces Innovative Banking Solutions for the NRI Community

DUBAI / GULF TIME South Indian Bank (SIB), one of India’s premier scheduled commercial banks, has announced the launch of its exclusive NRI SAGA (Salary Advantage Global Account), a premium banking product designed specifically for salaried NRIs. This initiative is part of our commitment to empower NRIs with enhanced banking services tailored to their unique needs. NRI SAGA Accounts are ...

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UAE sends three more planes with 120 tonnes of relief materials for Lebanese people as part of ‘UAE stands with Lebanon’

ABU DHABI / WAM The UAE has continued its humanitarian aid for Lebanon, with the dispatch of three more planes carrying necessary relief aid including medical and food supplies, ambulances, and shelter equipment. With these, the country has so far sent 12 aircraft carrying 515 tonnes of aid supplies. This is part of the two-week national relief campaign “The UAE ...

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Emirates wins ‘World’s Best Airline’

DUBAI/WAM Emirates has come out on top as the “World’s Best Airline” amongst 90 global carriers in a recent comprehensive and methodological study by Telegraph Travel. The detailed ranking and ratings were calculated from more than 30 criteria such as punctuality, baggage allowance, route network, quality of home airport, age of fleet, value of rewards programme and tastiness of in-flight ...

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