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Emirates NBD’s 2022 net profit reaches AED 13 billion
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Emirates NBD’s 2022 net profit reaches AED 13 billion

Thu 26-01-2023 17:15 PM DUBAI, 26th January, 2023 (WAM) – Emirates NBD, a leading bank in the region, announced that its profits rose 40% to AED 13 billion in 2022, driven by strong regional economic growth and the success of its diversified business model. The bank’s Q4 profit was particularly strong, at AED 3.9 billion,...

Emirates Islamic net profit rises 51% to AED1.24bn in 2022
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Emirates Islamic net profit rises 51% to AED1.24bn in 2022

Thu 26-01-2023 15:52 PM DUBAI, 26th January, 2023 (WAM) — Emirates Islamic reported a net profit of AED 1.24 billion in 2022, a 51% increase from the previous year. The bank’s strong performance was driven by higher funded and non-funded income, coupled with a reduction in cost of risk. The bank also reported a 36%...

Omar Sultan Al Olama chairs first meeting of ‘UAE Digital Economy Council’
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Omar Sultan Al Olama chairs first meeting of ‘UAE Digital Economy Council’

DUBAI, 25th January, 2023 (WAM) — Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, has highlighted the UAE government’s commitment to implementing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in consolidating the country’s status...

RAK government is global first to achieve ISO 50001 energy management certification across all entities
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RAK government is global first to achieve ISO 50001 energy management certification across all entities

RAS AL KHAIMAH, 24th January, 2023 (WAM) — Nineteen entities of the Government of Ras Al Khaimah have achieved the ISO 50001 energy management certification, making Ras Al Khaimah Government the first in the world to achieve this certification for all its entities. The accomplishment was announced at the World Future Energy Summit 2023, held...

Emirates Completes Engine Ground Testing With 100% Sustainable Aviation Fuel – Construction Business News Middle East
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Emirates Completes Engine Ground Testing With 100% Sustainable Aviation Fuel – Construction Business News Middle East

Share Tweet Share Whatsapp Email Emirates has completed the ground engine testing for one of its GE90 engines on a Boeing 777-300ER using 100% Sustainable Aviation Fuel (SAF). The objective of the ground testing and analysis is to demonstrate the capability of the GE90 engine to run on the specially blended 100% SAF without affecting...

Inaugural edition of MENA IPO Summit to begin in Dubai on 23 January
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Inaugural edition of MENA IPO Summit to begin in Dubai on 23 January

DUBAI, 22nd January, 2023 (WAM) — H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Higher Committee for the Development of Financial Markets and Exchanges in Dubai, today said that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum,...

BEEAH Recycling awards cement factory for lowering emissions
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BEEAH Recycling awards cement factory for lowering emissions

SHARJAH, 18th January, 2023 (WAM) — BEEAH Recycling, the waste processing and material recovery business of BEEAH Group, has awarded the title of “Green Partner” to Sharjah Cement Factory and Lafarge Emirates Cement/Geocycle for being among the UAE’s first cement production facilities to utilise lower emission fuels, contribute to net-zero emissions targets and support the...

Emirates to expand mainland China operations
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Emirates to expand mainland China operations

Mon 16-01-2023 21:13 PM DUBAI, 16th January, 2023 (WAM) — Emirates announced that it will ramp up its operations in China ahead of the New Lunar Year and in response to strong travel demand, boosting connectivity to its gateways; Guangzhou, Shanghai and Beijing, as the country reopens its borders and eases its COVID-related entry restrictions....