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DUBAI/WAM DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved through a combination of DP World’s own lending operations and partnerships with more than 32 financial institutions globally, ...

ABU DHABI/WAM First Abu Dhabi Bank (FAB) has delivered a record financial performance in the first half of 2025, reporting a net profit of AED10.63 billion, up 26 percent year-on-year, surpassing the AED10 billion mark for the first time in a half-year period. Earnings per share grew 27 percent yoy to AED0.93 in H1’25 and Return on Tangible Equity (RoTE) ...

ABU DHABI/WAM The UAE’s trade in telecommunication services increased by 4.3 percent in 2024, reaching AED10.2 billion, compared to AED9.8 billion in 2023, according to data released by the Federal Competitiveness and Statistics Centre (FCSC). This growth was largely driven by a strong performance in the fourth quarter of 2024, which recorded a year-on-year increase of 12.95 percent, bringing the ...

ABU DHABI/WAM Under the patronage of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Abu Dhabi Awards has officially launched its 12th edition. Coinciding with the UAE’s Year of Community, and marking 20 years since the inception of Abu Dhabi Awards in 2005, this milestone edition invites citizens, residents, and non-residents to nominate individuals whose selfless acts ...

DUBAI / WAM The Emirates Group has kickstarted a global talent scouting and acquisition drive, revving up this phase of its growth. This financial year, the aviation powerhouse is looking to onboard 17,300 people across 350 roles. These roles span every facet, function and operations across Emirates and dnata, a leading global air and travel services provider. Hundreds of new ...

ABU DHABI / WAM The Higher Committee of Human Fraternity (HCHF), headquartered in Abu Dhabi, in collaboration with Indonesian International Islamic University (IIIU), will convene an International Conference on Human Fraternity in Jakarta on 29th–30th July. The conference, titled “Advancing Human Fraternity Amid Global Uncertainty: Towards a More Peaceful and Prosperous Civilisation,” marks a significant milestone stemming from the Memorandum ...

ABU DHABI / WAM AD Ports Group, for the second consecutive year, received top honours for its investor relations in the prestigious Extel survey of the best listed companies in Emerging Europe, Middle East, and North Africa (EEMEA). The Group secured the first place in the Extel EEMEA Executive Team survey in the Large Cap (market capitalisation greater than US$5 ...

UMM AL QAIWAIN / WAM H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, received in the Emiri Court, Martina Strong, Ambassador of the United States of America to the UAE, who called on him on the occasion of the end of her tenure. The meeting was held in the presence of H.H. ...

ABU DHABI/WAM The total number of violators of the Entry and Residency Law in the United Arab Emirates, who were apprehended by the Federal Authority for Identity, Citizenship, Customs and Port Security, exceeded 32,000 violators during the period from January to the end of June 2025. This was within the framework of the inspection campaigns carried out by the Authority ...

ABU DHABI / GULF TIME In preparation for the highly anticipated launch of its Fall 2025 collection, Ebarza, the UAE-based leader in contemporary furniture and interior design, has announced a major clearance event at its KEZAD warehouse, which spans an impressive 250,000 square feet. Kicking off on Friday, July 25, the clearance campaign is being held exclusively at the KEZAD ...