Friday , July 28 2017
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FAB reports AED 5.49 billion Group Net Profit

First Abu Dhabi Bank (FAB) the UAE’s largest bank has reported a resilient performance amidst softer economic conditions. This is the first post-merger report of one of the world’s largest financial institutions, which posted a Group Net Profit improvement of 4% year-on-year to AED 5.49 billion and revenues at AED ...

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Over 105,000 complaints resolved by Dubai Economy since 2010

More than 105,000 consumer complaints have been resolved by Dubai Economy over the last seven years. The bulk of disputes were related to product failure as well as non-compliance with agreements and warranty conditions. Most of the complaints were linked to services and electronics sectors, followed by the automotive industry. ...

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New diversion on Dubai Airport Road opens on Friday

A new traffic diversion will be introduced on Friday as part of the ongoing expansion work on Dubai’s Airport Road. According to the Roads and Transport Authority (RTA), Deira-bound traffic from Sheikh Mohammed bin Zayed Road and Al Khawaneej Street will be diverted to a new flyover. Meanwhile, Rashidiya-bound motorists ...

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UAE cabinet approves policy on regulation of child car seats

The UAE cabinet has approved a draft policy to regulate child car seats. It aims to ensure the highest safety standards for children in vehicles, through new regulations for the products. The policy complies with the amendments to the federal traffic law that came into force on July 1, which ...

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After 8 years of poor vision, 80-year-old woman can see again

Doctors in Abu Dhabi have restored the vision of an elderly Emirati woman who hasn’t been able to see her children for eight years. The 80-year-old patient’s poor vision was caused by dense cataracts in both her eyes. Ophthalmologists at Moorfields Eye Hospital put her under a treatment plan that ...

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Passenger traffic at Dubai airport exceeds six million

Dubai International Airport welcomed over 6 million passengers in June, which is a year-on-year increase of nearly 4%. Officials say the growth was “relatively modest” due to the traditionally slow month of Ramadan, but the rush of travellers is expected to peak towards the end of school holidays next month. ...

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