News

23-04-2019 Media in\ Abu Dhabi Dubai Islamic Bank (DIB), the board of directors of Dubai Islamic Bank (DIB), today announced that it has agreed to start exploring the possibility of acquiring Noor Bank. “The Board of Directors has approved the appointment of financial advisors to conduct a comprehensive study on …

22-04-2019 Media in\ Beirut The Beirut Stock Exchange (BSE) ended the day up 1.69%, or 2.48 points, to close at 944.60. The volume of shares traded 89 thousand and 42 shares worth 364 thousand and 542 US dollars carried out through 37 deal. While the capitalization of listed companies decreased …

23-04-2019 Media in\ Abu Dhabi Total bank assets, including bank receipts, reached AED 2,895 trillion at the end of March 2019 compared to AED 2,909.5 trillion at the end of February, the Central Bank of UAE (CBE) announced today. Total bank credit increased by 0.2% from AED 1671.9 billion at …

Media IN/DUBAI, 23rd April, 2019 Emirates airline has announced the deployment of its latest Boeing 777-300 ER aircraft fitted with the ‘Game Changer’ First Class suites on its Dubai- Male route from 1st June, 2019. The Maldivian capital will become the first destination in the South Asian region to be …

Media IN/ ABU DHABI, 23rd April, 2019 Etisalat Group today announced that its consolidated revenues amounted to AED 13 billion and consolidated net profit after Federal Royalty amounted to AED 2.2 billion representing a year over year, y-o-y, increase of five percent and resulting in a net profit margin of …

Media IN/ SAUDI ARABIA 23rd/04/2019 Telecom operator will recognise financial impact from its 8.8 per cent stake in Careem when the deal is finalised STC’s first quarter net income climbed more than 6 per cent. Waseem Obaidi for The National Saudi Telecom Company, the biggest telecommunications operator in the kingdom, …

22-04-2019 Media in\ Dubai The 23rd Annual General Meeting of Emaar Properties today approved a cash dividend of 1.07 billion dirhams ($ 290 million), representing 15 percent of the company’s capital or 15 fils per share. The General Assembly also approved the Board of Directors ‘report on the Company’s activity, …

22-04-2019 Media in\ Dubai Emirates and Indian carrier SpiceJet have signed a Memorandum of Understanding (MoU) on a common code agreement that will add new destinations for travelers between India and various cities in Europe, Africa, the Middle East and the Americas. The agreement will allow Emirates passengers to continue …

MediaIn / Riyadh 22-04- 2019 The first session of the Financial Sector Conference, to be held on April 24-25 at King Abdul Aziz International Conference Center in Riyadh, will be held in Saudi Arabia after Wednesday and will be organized by the partners of the Financial Sector Development Program represented …

22-04-2019 Media in\ Abu Dhabi Abu Dhabi National Oil Company (ADNOC) announced the loading and unloading of the first 10,500 tons of calcined coke from the United Arab Emirates to China on board. The Liho  leased from ADNOC Logistics and Services to be unloaded in the Chinese city of Yantai …