DUBAI, May 26th, 2013-- Emirates Transport (ET) has announced a first quarter revenue increase of 11 percent compared to the same period of 2012.

Humaid Mohamed Al Qatami, Minister of Education and Chairman of Emirates Transport, hailed the latest financial results achieved by the corporation, singling out the performances of the ET group of business centres for particular praise.

Al Qatami said the steady growth of the corporation?s revenue consolidates its quest to transform itself from a national service corporation to an investment company, supporting the national economy by boosting the federal government?s investment returns.

This came during a board of directors meeting in which the corporation?s first quarter results and performances were reviewed.

Al Qatami said the contracts signed by the ET business centres during the last few months clearly reflect the confidence shown in their services by various public and private sector clients.

The board commended the introduction of a number of new service units, such as providing school transport services to private schools and universities, and the tyre re-treading unit.

For his part, Mohammed Abdullah Al Jarman, General Manager of Emirates Transport, said the first quarter of 2013 witnessed an impressive growth in signed business contracts.

Most of the new contracts came through the Abu Dhabi and Emirates Centres for Transport & Leasing, as well the Centre for Government Transport, Emirates Cars Centre, Valet Parking Centre and Motorbikes Lease Centre.

Copyright Emirates News Agency (WAM) 2013.