Friday 27 April 2018
 
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2018

Mashreq Q1 net profit up 9.5pc to $163m

Mashreq, one of the leading financial institutions in the UAE, has posted a net profit of Dh598 million ($163 million) for the first quarter of the year, reflecting a yea-on-year increase of 9.5 per cent due to a 4 per cent increase in operating

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Al Khaliji Q1 net profit up 5.3pc to $46.5m

Qatar-based Al Khalij Commercial Bank (al khaliji) has posted a net profit of QR169.6 million ($46.5 million) for the first quarter of the year, marking an increase of 5.3 per cent over its financial results for the same period of last year.

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Emirates Islamic posts $56.8m profit for Q1

Emirates Islamic, a leading bank in the UAE, has reported a net profit of Dh209 million ($56.8 million) for the first quarter of 2018, marking a 2 per cent rise quarter-on-quarter (q-o-q) and drop of 6 per cent year-on-year (y-o-y).

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Jerusalem declared ‘Capital of Arab Tourism’ for 2018

The Arab Tourism Organization (ATO) has declared Jerusalem as the ‘Capital of Arab Tourism’ for 2018. The announcement was made by the President of Arab Tourism Organization, Dr. Bandar bin Fahad Al Fuhaid, during the

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AirBaltic passenger numbers up 24pc in Q1

Latvian airline airBaltic carried a total of 729,897 passengers in the first quarter of 2018, up 24 per cent compared to the same period last year. In March 2018, a total of 280, 724 passengers travelled with airBaltic, a 25 per c

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Oman’s presence at Riyadh Travel Fair to boost tourism

Oman’s Ministry of Tourism expects to surpass 2017's visitor arrivals, which was recorded at over 1.59 million visitors, as its pavilion at the Riyadh Travel Fair in Saudi Arabia attracts huge interest from visitors. Oma

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Riyadh Travel Fair opens

Riyadh Travel Fair (RTF) 2018, Saudi Arabia’s leading travel industry showcase, opened its doors for the 10th consecutive year in Riyadh yesterday evening (April 10) with more than 300 exhibitors from 55 countries. The fair,

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New Nissan Leaf named 'Green Car of the Year’

The new Nissan Leaf, the world’s best-selling electric vehicle, was named the “2018 World Green Car” at the New York International Auto Show. LEAF is the icon of Nissan Intelligent Mobility, the company’s v

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IoT security spending to reach $1.5bn in 2018

The worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 per cent increase from 2017 spending of $1.2 billion, according to the latest forecast from research and advisory firm Gartner, Inc. Internet of Things (

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IoT security spending to reach $1.5bn in 2018

The worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 per cent increase from 2017 spending of $1.2 billion, according to the latest forecast from research and advisory firm Gartner, Inc. Internet of Things (

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