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Arabian Travel Market to kick off on May 6 in Dubai

DUBAI / WAM The upcoming edition of Arabian Travel Market (ATM), a premier global event in travel and tourism, will serve as a pivotal gathering for hospitality stakeholders from May 6-9 at the Dubai World Trade Centre. According to data from Deloitte, Dubai is leading the regional hospitality markets with a strong outlook for 2024. The city now offers more ...

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Emirates Islamic reports Q1 profit of AED811mn

DUBAI / WAM Emirates Islamic profit surged to a record AED811 million in the first quarter of 2024, up 35 percent year-on-year (YoY). This remarkable financial success was underpinned by a robust 19 percent growth in total income, propelled by higher funded and non-funded income streams, which serves as a testament to the bank’s strengthened business sentiment and strategic financial ...

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Theyab bin Mohamed bin Zayed inaugurates first ‘Abu Dhabi Mobility Week’

ABU DHABI / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has inaugurated the first Abu Dhabi Mobility Week. Organised by the Department of Municipalities and Transport (DMT) under the patronage of His Highness Sheikh Theyab, Abu Dhabi Mobility Week, which runs until 1st May, is ...

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Saif bin Zayed chairs ‘Council for Digital Quality of Life’ meeting

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, presided over the Council for Digital Quality of Life meeting at Qasr Al Watan in Abu Dhabi, in the presence of Shamma bint Suhail Al Mazrouei, Minister of Community Development and Vice President of the Council. The session was ...

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Emirates NBD’s Q1 2024 profit surges 67% to AED6.7bn

DUBAI/ WAM Emirates NBD’s profit surged 67 percent to a record AED6.7 billion in the first quarter of 2024 compared to the previous quarter and up a strong 12 percent year-on-year propelled by regional growth, increased transaction volumes, a low-cost funding base, and substantial impaired loan recoveries. The group’s asset base surpassed AED900 billion, a five percent growth, as retail ...

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Arab Youth Centre unveils ‘Arab Youth Leadership Programme in Third Sector’

ABU DHABI / WAM The Arab Youth Centre(AYC) has announced the launch of the “Young Leadership Programme in the Third Sector” during its participation in the 2024 World Conference on Asian Humanitarian Affairs in Abu Dhabi. The programme aims to prepare and build the capacities of young cadres in public service and in areas related to developmental, humanitarian, and social ...

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Khawla Art and Culture organises workshop on Arabic, Japanese calligraphy

ABU DHABI / WAM Khawla Art and Culture, in collaboration with the Japanese Embassy, organised a workshop featuring the Japanese calligrapher, Juichi Yoshikawa, at New York University (NYU) Abu Dhabi, with the attendance of more than 25 participants, including students, talented individuals, and art enthusiasts, as well as Emirati calligrapher Mohammed Mandi. The workshop, held as part of the ongoing ...

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AVPN Global Conference spotlights impact investing, partnerships

ABU DHABI / WAM The second day of the AVPN Global Conference 2024 unfolded with a spotlight on impact investing and new partnerships as powerful vehicles for driving positive change across Asia. Commenting on the significance of impact investing in Asia, Naina Subberwal Batra, CEO of AVPN, said, “The fact that we dedicated Day Two of our flagship Conference to ...

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CBUAE enhances SupTech plan as part of its FIT Programme

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has partnered with Accenture to implement a range of transformative services for the CBUAE’s Supervisory Technology (SupTech) initiative and the Enterprise Data Management (EDM) programme through the adoption of best-in-class digital solutions. SupTech is one of the key initiatives under the Financial Infrastructure Transformation (FIT) Programme and aims to ...

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