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ABU DHABI/WAM First Abu Dhabi Bank (FAB) has achieved record performance in the first nine months of 2023, reporting that net profit for the period reached AED12.4 billion, up 58% year-on-year on an underlying basis (excluding Magnati-related gains in 2022). Revenue was AED20.5 billion, up 38% year-on-year, reflecting the successful and sustained execution of the bank’s growth strategy. FAB announced ...

AMDJARASS/WAM The Emirati humanitarian team in Amdjarass, Chad, has provided medical devices, intensive care equipment, and solar-powered lighting systems to support Amdjarass provincial hospital. The Emirati team in Chad includes the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, the Khalifa bin Zayed Al Nahyan Foundation, and the Office for the Coordination of Foreign Aid. Ahmed ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, in the presence of Sheikh Khalid bin Saud Al Qasimi, Vice Chairman of Ras Al Khaimah’s Investment and Development Office, delivered a keynote address at the official launch event for RAK Digital Assets Oasis, the world’s first free zone ...

DUBAI / WAM The World Economic Forum’s (WEF) Young Global Leaders (YGL) Annual Summit kicked off in Dubai on Thursday with the attendance of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and member of the Young Global Leaders Council. This is the first time the gathering is ...

DUBAI / WAM Professional Communication Corporation – Nedaa, and du, from Emirates Integrated Telecommunications Company (EITC), have officially signed a memorandum of understanding on the second day of GITEX Global to enhance collaboration in the telecommunication sector. The memorandum of understanding was signed by Mansoor Bu Osaiba, Chief Executive Officer of Nedaa, and Fahad Al Hassawi, Chief Executive Officer of ...

DUBAI / WAM In a bid to curb cybersecurity challenges, the UAE Cyber Security Council (UAE CSC) and Abu Dhabi’s Advanced Technology Research Council (ATRC) on Thursday joined forces to cooperate on shaping a more secure and private global information society. Dr Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cyber Security Council, and Shahab Issa Abu Shahab, Director-General of ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree No 42 of 2023, appointing Abdullah Al Hosani as the Sectary-General of the Holy Quran Academy (HQA) in Sharjah. According to the Decree, Abdullah Al Hosani will be transferred from the Department of Islamic Affairs, assuming ...

ABU DHABI / WAM Mohammed Saeed Al Shehhi, Secretary-General of UAE Media Council, has participated in the 26th Meeting of GCC Information Ministers. The meeting was held virtually under the chairmanship of Dr Abdullah Nasser Al Harasi, Minister of Information of the Sultanate of Oman, who is the current session’s president. Jassem Mohamed Albudaiwi, Secretary-General of the Gulf Cooperation Council ...

DUBAI / WAM The Ministry of Climate Change and Environment (MoCCAE), the World Food Programme (WFP), and the Food Tech Valley signed a Memorandum of Understanding to strengthen innovation in food systems and agriculture. The MoU was signed during the UAE year of sustainability and as part of the ministry’s preparations for the Conference of the Parties COP28 hosted in ...

ABU DHABI / WAM The Abu Dhabi City Municipality, in partnership with the City Municipality Centre, has initiated a campaign aimed at enhancing public awareness and understanding of the rules governing the use of temporary outdoor seating areas and adjacent pavements near commercial establishments, including shops, eateries, cafes, and other service venues. The campaign seeks to inform the public about ...