RAKBANK Reports H1 2020 Net Profit of AED 306.6 million

United Arab Emirates, 05 August 2020: The National Bank of Ras Al-Khaimah (“RAKBANK”) has announced a consolidated Net Profit of AED 306.6 million for H1 2020, a decrease of 44.7% compared to the first half of 2019 due to higher IFRS 9 provisions that are set aside as precautionary measures to combat the possible economic impact of COVID-19. Total Income of AED 1.9 billion for H1 2020 was down by 4.5% on a year-on-year basis. As at 30 June 2020, Total Assets stood at AED 54.3 billion, decreasing by 5.1%…

College of Pharmacy at Gulf Medical University created Department

United Arab Emirates 06 August 2020:Millions of people are affected worldwide with adverse events due to medicines. Medicines are strong agents programmed to solve health problems, but if not properly used, results in harm or even death. The academic health system of Gulf Medical University is sharing its wealth of medicines knowledge in patient care at Thumbay University Hospital. With an experienced team of clinical pharmacy preceptors and faculty, the GMU College of Pharmacy is running the Clinical Pharmacy Department at Thumbay University Hospital to ensure rational drug use. Pharmacists…