Dubai Informer

Hotels in Abu Dhabi capitalised on a surge in demand in February driven by major events, boosting RevPAR by 43% and profits by 72.9% . Full News here – Zawya.com – UAE News

Read the full story

The National General Insurance’s annual general meeting on March 18 approved the Board recommendation for a cash dividend of 20% of the capital for the financial year that ended on December 31. Full News here – Zawya.com – UAE News

Read the full story

The Dubai Carbon Centre of Excellence is teaching businesses to measure and reduce their energy consumption. Full News here – UAE news

Read the full story

Dana Gas recorded net profit growth of 20%in 2012, increasing to USD 165 million from USD 138 million in 2011, reflecting higher realized oil prices and optimized cost management in 2012. Full News here – Zawya.com – UAE News

Read the full story

The Dubai Electricity and Water Authority (Dewa) said its total comprehensive income during the first half of 2012 grew by 12.6 per cent compared with the same period last year. Full News here – Zawya.com – UAE News

Read the full story

Hotels in Dubai saw a boost in profits and occupancy levels in June following increase in demand from domestic and regional travellers during the summer festival, according to the latest survey by TRI Hospitality Consulting. Full News here – Zawya.com – UAE News

Read the full story

Hotels in Dubai saw a boost in profits in June while Abu Dhabi continued to see rates and profits fall, according to the latest HotStats survey of hotels by TRI Hospitality Consulting. Average room rates (ARR) in Abu Dhabi fell 8.5 percent to $ … Full News here – Dubai – Bing News

Read the full story

Dubai-based real estate giant Emaar Properties said on Sunday it posted an 82 percent surge in net profits in the first half of 2012 as retail and hospitality grew, costs fell and a write-off was not repeated. Net profits in the second quarter … Full News here – Dubai – Bing News

Read the full story

DUBAI, July 23 (Reuters) – Dubai’s biggest bank by market value, Emirates NBD, posted its fourth straight drop in quarterly profits on Monday as yet more provisions linked to state-linked entities weighed and its shares fell on expectations of … Full News here – Dubai – Bing News

Read the full story

Emirates NBD, the UAE’s biggest bank by asset value, today reported a 13 per cent decline in second-quarter profit in a set of results that nonetheless exceeded the expectations of several analysts. The bank announced net profit for the three months to June 30 fell to Dhs647 million ($ 176 million) from Dhs744 million in [...]

Read the full story

DUBAI, July 23 (Reuters) – Dubai’s biggest bank by market value, Emirates NBD, posted its fourth straight drop in quarterly profits on Monday as yet more provisions linked to state-linked entities weighed and its shares fell on expectations of … Full News here – Dubai – Bing News

Read the full story