ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) said its net profit for Q1 of 2021 surged by 125 percent to AED608 million compared to AED 270 million in Q1 of 2020, and up 26 percent against Q4 of 2020. The growth in net profits reflects the strong underlying performance across the business, the bank said in a statement. ...
Read More »Dubai / WAM Dubai Chamber of Commerce and Industry announced that it has signed a memorandum of understanding (MoU) with TikTok to create and launch the Dubai Chamber – TikTok Academy, a four-week educational programme that will help 1,000 startups and SMEs validate and grow their businesses using the content creation platform. Under the terms of the two-year agreement, participants ...
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ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 156,940 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
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ABU DHABI / WAM Yas Island, Abu Dhabi’s premier leisure and entertainment hub, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), will mark the occasion of Eid al-Fitr with a series of spectacular fireworks displays. Taking place over three nights from the first day of Eid, Yas Island will livestream the vibrant fireworks, ...
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FUJAIRAH / WAM The population of the Emirate of Fujairah stood at 292,358 last year, according to estimates by the Fujairah Statistics Centre. According to the centre’s statistical yearbook for 2020, the number of births reached 3279, marriages 859, divorces 159, and 309 died. The statistics indicated that the total of number of public and private schools stood at 68 ...
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Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) said its net profit for Q1 of 2021 surged by 125 percent to AED608 million compared to AED 270 million in Q1 of 2020, and up 26 percent against Q4 of 2020. The growth in net profits reflects the strong underlying performance across the business, the bank said in a statement. ...
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NIAMEY / WAM The United Arab Emirates on Monday sent a plane carrying 52 metric tons of food supplies to the Republic of Niger as part of its initiatives during the Holy Month of Ramadan. Amer Al Menhali, Charge d’Affaires of the UAE Embassy in Chad, said, “The UAE considers cooperation with the international community to be crucial, especially in ...
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ABU DHABI / WAM Technology Innovation Institute (TII) on Monday announced that its Directed Energy Research Centre (DERC) has unveiled its Electromagnetic Compatibility (EMC) laboratories in Abu Dhabi, housed in a first of its kind facility in the Arab world. The facility is composed of three laboratories — an EMC semi-anechoic chamber, a pulsed power laboratory, and a low-noise emanation ...
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Dubai / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, concluded its Silver Jubilee Season in spectacular fashion, etching its name in the history books to the delight of all in attendance. Having set out in October with the aim of breaking 25 Guinness World Records to honour the milestone anniversary, ...
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Bloomberg A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and strong growth outlook for renewables. Kansai Electric Power Co and Marubeni Corp won’t move forward with a 1.3 gigawatt coal power project in Akita prefecture ...
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