DUBAI / GULF TIME HID, a global leader in trusted identity solutions, recently introduced several innovative advances in identity and access management, with a primary focus being HID SAFE, a scalable solution for secure identity and access control that allows organizations to efficiently manage physical access while maintaining top-tier security across facilities. The company also highlighted advancements in mobile access …

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) announced on Wednesday its financial results for the third quarter of 2024, reporting a 30 percent increase in profit before tax, reaching AED7.702 billion during the first nine months of the year. The bank’s net profit after tax stood at AED6.846 billion. In a statement, ADCB highlighted its continued strong …

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has raised almost $200 million assets under management (AUM) through a new Fixed Maturity Portfolio (FMP) — marking record subscription levels. The portfolio includes the second series of FAB’s conventional fixed maturity portfolio, following a successful first series roll-out in 2023, as well as the bank’s first Shari’ah-compliant FMP. Launched to …