ADIB Egypt reports 125.4% YoY climb in Q1 consolidated profits
Abu Dhabi Islamic Bank Egypt (ADIB) reported a 125.4% year-on-year (YoY) increase in consolidated profits after tax and non-controlling interests for the first quarter (Q1) of 2023, according to the bank’s financial statements filed to the Egyptian Exchange (EGX) on May 14th. The bank recorded a consolidated net profit after tax of EGP 1.005 billion […]
Abu Dhabi: Designer Manish Malhotra to showcase special collection at IIFA Rocks 2023
The International Indian Film Academy and Awards (IIFA) is set to return with its 23rd edition to Yas Island, Abu Dhabi for the second year in a row. IIFA Rocks and IIFA Awards will be held on May 26 and 27, respectively. One of the highlights of IIFA Rocks this year is a special collection […]
Prestige One launches two residential projects in Dubai
Dubai-based Prestige One Developments announced on Monday the launch of two luxury residential apartment projects in Dubai Sports City and Jumeirah Village Circle. The 14-storey Vista, designed by LACASA Architects, will comprise 140 apartments, the developer said in a statement. Amenities, such as an electric vehicle charging station, a landscaped jogging track, a multi-sport court, […]
Dubai’s Emaar Development sees slight profit fall to $288mln
Dubai-based developer Emaar Development has announced a marginally reduced profit in the first quarter of 2023 as revenue fell. The company, which is the development arm of Emaar Properties, reported attributable profit for the period of AED 1.06 billion ($288 million) for the first quarter of 2023, down from AED 1.05 billion in the first […]
Typewriter artist creates Burj Khalifa, Dubai skyline with letters, numbers
A typewriter artist created intricate drawings using letters, numbers and symbols, becoming an instant hit at the Sharjah Children’s Reading Festival. Keira Rathbone used her manual typewriter for staging live art demonstrations at the festival that ended on Sunday. At the festival, Rathbone exhibited works that included depictions of the Burj Khalifa, Dubai skyline views, […]