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ABU DHABI / WAM e& announced its consolidated financial results for fiscal year 2023 reporting a record consolidated net profit of AED10.3 billion, a growth of 3 percent year-over-year. Underlining the group’s commitment to value creation for its shareholders, e&’s Board of Directors proposes a dividend of AED0.40 per share for the second half of 2023 representing a total dividend ...

DUBAI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, underscored its pivotal role in fostering sustainable, self-reliant economic growth across key sectors during Global Trade Review MENA 2024 (GTR MENA) at Jumeirah Emirates Towers in Dubai. During the event, EDB highlighted its cutting-edge supply chain finance and trade finance ...

ABU DHABI / WAM Bloom Holding has announced the launch of ‘Seville’, the fifth phase of its fully integrated community in Abu Dhabi, Bloom Living. Inspired by the Mediterranean Spanish architecture, Seville is the first of Bloom’s offerings in 2024. It will feature residential units with premium lakeside views ranging from the community’s first seven-bedroom mansions, three to six-bedroom villas, ...

ABU DHABI / WAM H2O Hospitality (H2O), a South Korean digital innovation company in the accommodation and leisure industry, has established its regional headquarters in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (AdioO). The move highlights the deepening economic cooperation between South Korea and Abu Dhabi which has become increasingly focused on synergies related to innovation and ...

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, issued directives to facilitate the dispatch of urgent relief supplies mobilised by the International Humanitarian City (IHC) in Dubai as part of a vital relief airbridge to Gaza through El Arish Airport in Egypt. Giuseppe Saba, CEO of IHC, said, “We are proactively ...

ABU DHABI / WAM Khalifa Fund for Enterprise Development has announced the launch of a series of workshops titled “Business Opportunities in Priority Sectors”, in collaboration with Sia Partners, a leading firm in growth and innovation. These workshops are designed following global standards to empower Emirati entrepreneurs with existing businesses in Abu Dhabi’s priority sectors. Each workshop in the series ...

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today visited the headquarters of Emirates NBD on the occasion of the bank’s 60th anniversary celebrations. His Highness Sheikh Mohammed was accompanied on his visit by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of ...

ASHGABAT / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has met with President of Turkmenistan Serdar Berdimuhamedow at the cabinet’s headquarters in Ashgabat. His Highness Sheikh Mansour bin Zayed conveyed to the Turkmen President the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and ...

ABU DHABI/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, has received a delegation from the Mohammed Bin Rashid Space Centre (MBRSC) and Zayed Ambition 2 at Al Nakheel palace, in the presence of Sheikh Yas bin Hamdan bin Zayed Al Nahyan, astronaut Dr Sultan bin Saif Al Neyadi, Minister of State for ...

DUBAI/ WAM The Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted a business event on the sidelines of Gulfood, the world’s largest conference and exhibition dedicated to the food and beverage sector. The five-day event is from 19th to 23rd February at the Dubai World Trade Centre. Aimed at equipping ...