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,...
Tag: Emirates
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%...
Ministry of Economy to support EGA Ramp-Up programme to foster entrepreneurship ecosystem
Thu 26-01-2023 12:43 PM DUBAI, 26th January, 2023 (WAM) — Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the UAE Ministry of Economy is to support EGA Ramp-Up, the company’s programme to foster the entrepreneurship ecosystem in the UAE and help grow the national...
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
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
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...
The visa service fee for Emirates ID has been raised by Dh100 – everything you need to know
The Federal Authority for Identity, Citizenship, Customs and Ports Security has announced a Dh100 rise in service costs, which you must account for if you intend to apply for an Emirates ID, a residence visa, or a visit visa in the UAE (ICP). According to an announcement on ICP’s smart services platform, “Dh100 have been...
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
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
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....