Recent Posts

Abu Dhabi Chamber reports 23.8% YoY increase in issuing certificates of origin

ABU DHABI/WAM The Abu Dhabi Chamber of Commerce and Industry, in cooperation with Etihad Credit Insurance (ECI), has developed a research paper, which revealed a 23.8% year-on-year (YoY) increase in the number of certificates of origin issued between January and May 2024, compared to the same period in 2023. In a press release on Tuesday, the chamber said that this ...

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Sharjah Ruler approves 3,578 scholarships

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 3,578 scholarships for students from the emirate of Sharjah and the children of female citizens of the emirate, to pursue various undergraduate programs at universities within Sharjah. Of these, 1,818 scholarships were granted to the University of Sharjah. The American University of ...

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Top ten UAE banks exhibited improved asset quality, higher profits in Q2 2024: Report

ABU DHABI/WAM The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024. Alvarez & Marsal (A&M), a leading global professional services firm, in its latest report on UAE Banking Pulse for the second quarter of 2024, stated that profitability increased to AED 21.5 billion for Q2 2024 on ...

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