Category Archives: Business

ADNTC announces combined net profit of AED65 million for 2019

ABU DHABI, Abu Dhabi National Takaful, ADNTC, has announced a combined net profit of AED65.4 million, achieving a significant growth of 35 percent compared to AED48.5 million for the same …

DAE reports revenue of US$726.9 million for 2019

DUBAI, Dubai Aerospace Enterprise, DAE, reported on Tuesday its financial results for the six months ended 30th June 2019.

According to the aerospace corporation the first half of 2019 saw …

Partnership with ICBC will streamline ease of doing business in KIZAD: Al Ahbabi

ABU DHABI, Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co. Ltd.,JOCIC, have signed a five-year agreement with Industrial and Commercial Bank of China,ICBC, to make it easier and quicker …

Kuwait oil price down $1.55 to $64.36 pb

KUWAIT, The price of Kuwaiti oil went down by US$1.55 to $64.36 per barrel, on Wednesday, compared to $65.91 pb the day before, said the Kuwait Petroleum Corporation Friday.

According …

MOCCAE, Aswaaq Sign Agreement to Strengthen Market for Local Agricultural Products

DUBAI, In a bid to promote and expand the market for locally grown food products, the Ministry of Climate Change and Environment (MOCCAE) inked a memorandum of understanding (MoU) with …

Tunisian parliament speaker sworn in as interim president

TUNIS, Tunisian parliament speaker Mohamed Ennaceur was sworn in as interim president on Thursday hours after President Beji Caid Essebsi's death in a smooth transition of power in the birthplace …