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Company News

Zayed Higher Organisation, Al Jalila Foundation Celebrate Graduation Of ’Ta’alouf’ Programme (8 May 2019)
In implementation of the MoU signed with Al Jalila Foundation, with the aim of enhancing cooperation and partnership to ensure the expansion of the programme scope.

ADCB Reports Q1 Net Profit Of AED1.152 bn (7 May 2019)
Abu Dhabi Commercial Bank PJSC today released its Q1-2019 financial results, reporting strong operating performance underpinned by robust growth in gross interest and Islamic financing income and non-interest income.

Ajman Free Zone Extends Its Reach To More Countries In Middle Asia And East Europe (7 May 2019)
Ajman Free Zone has signed a partnership deal with Ipravo, a Kazakhstan based business consultancy company to represent AFZ in some central Asia and East Europe countries.

UAE National Banks’ Capital Adequacy Ratio Up To 17.5 Percent By End Of March (7 May 2019)
The UAE national banks’ solvency hit a three-year high, with the capital adequacy ratio (tier 1 + tier 2) standing at 17.5 percent by the end of March 2019.

Win Daily Cash Prizes At Al Hamra Mall This Ramadan (7 May 2019)
Customers at Al Hamra Mall in Ras Al Khaimah can bag their best buys and also have the chance to win spectacularly during the Holy Month of Ramadan.

8th Sharjah Ramadan Majlis Celebrates Emirati Traditions, Values: Sultan Bin Ahmed (6 May 2019)
The Sharjah Press Club, an initiative of the Sharjah Government Media Bureau, has released the agenda of the eighth edition of Sharjah Ramadan Majlis, to be held from 13th to 26th May, 2019, at Al Majaz Amphitheatre in Sharjah.

Abu Dhabi’s Non-Oil Foreign Merchandise Trade Hits AED35.8 bn In Two Months (6 May 2019)
The value of non-oil foreign merchandise trade through Abu Dhabi ports increased 11.5 percent from AED32.1 bn in Jan-Feb. 2018 to AED35.8 bn in the same period of 2019.

Air Arabia Reports Q1 Net Profit Of AED128 Million, Up 16 Percent (6 May 2019)
Air Arabia today reported strong financial results for Q1 2019, posting a net profit of AED128 million for the three months ending March 31, 2019, a 16 percent increase compared to the corresponding 2018 figure of AED110 million.

Dana Gas Reports 150% Increase In Net Profit In Q1 2019 (6 May 2019)
Dana Gas today announced its financial results for the first quarter ended 31st March 2019, declaring that net profit was up 150% in Q1 2019, reaching $35 million (AED128 million) as compared to $14 million (AED51 million) in Q1 2018.

Hazza Bin Zayed Launches Abu Dhabi Government Media Office Brand (6 May 2019)
The mission of the Abu Dhabi Government Media Office, ADGMO, is to communicate the Abu Dhabi Government’s vision, shining a light on the latest developments as well as showcasing the Emirate’s unique values and traditions, especially through digital platforms.


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