ABU DHABI/WAM Under the patronage of HH Sheikha Fatima bint Mubarak “Mother of the Nation”, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, has attended the opening …

ABU DHABI / WAM A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves of banks operating within the UAE exceeded AED500 billion for the first time. According to the latest data released by the Central Bank of the UAE (CBUAE), the sector’s capital and reserves witnessed a substantial year-on-year …

ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, announced on Tuesday that it has successfully tested the fractional Sukuk technology in a safe environment to make sukuk investing more accessible to retail customers after receiving the initial approval from the Regulations Lab within the UAE government under the supervision of the Securities and …