ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has announced that its General Assembly has approved a cash dividend of AED2.595 billion, 71 fils per share for the fiscal year ending 31st December 2023. This represents an increase from 49 fils per share in 2022, constituting 49 percent of the bank’s net profit for the year. Additionally, ADIB achieved ...
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ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Željko Komšić, Chairman of the Presidency of Bosnia and Herzegovina, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin ...
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ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, today witnessed the announcement of a partnership between the Mohamed bin Zayed Water Initiative and XPRIZE, with an investment of $150 million to launch the XPRIZE Water Scarcity competition, which has a total prize purse of $119 million. The five-year global competition ...
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ABU DHABI / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors. During the meeting at ADNOC’s headquarters, His Highness reviewed the progress of strategic initiatives across ADNOC’s portfolio as it continues ...
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RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today at his palace in the Saqr bin Mohammed City, Dr. Carel Richter, Consul-General of the Kingdom of the Netherlands in Dubai and the Northern Emirates. The RAK Ruler and the Consul-General of the Netherlands discussed ways of bolstering ...
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ABU DHABI/ WAM The UAE continues to hold its position at 10th place in the Brand Finance Soft Power Index 2024 for the second consecutive year, standing as the only Gulf nation among the world’s top 10 soft powers. The announcement came during the annual Global Soft Power Summit, which was held in the British capital, London, in the presence ...
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ABU DHABI/ WAM The United Arab Emirates has contributed AED1 million (CHF 240,000) to help government officials from least-developed countries (LDCs) take part in the 13th WTO Ministerial Conference (MC13), which is taking place from 26th to 29th February in Abu Dhabi. The contribution, which has helped to cover travel expenses such as flight tickets and accommodation for government officials, ...
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ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has attended the second edition of the Education First Forum, organised by the Emirates College for Advanced Education (ECAE) at the Abu Dhabi National Exhibition Centre, under the theme ‘From Ask to Action’. During the event, ...
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ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, the Mohamed bin Zayed Water Initiative was launched today to confront the urgent challenge of water scarcity around the world. The initiative aims to enhance awareness of the severity of the water scarcity crisis and accelerate the pace ...
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ABU DHABI / AD MEDIA OFFICE Hub71, Abu Dhabi’s global tech ecosystem, has onboarded more than 190 startups that have raised AED 5.4 billion ($1.47 billion) collectively in venture capital since it launched five years ago to accelerate entrepreneurship in Abu Dhabi. Building on the 22 percent increase in fundraising performance year-on-year, Hub71’s startup community has created more than 1,100 ...
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