SHARJAH / WAM Sharjah Islamic Bank PJSC approved, during its annual general assembly held, a capital increase through a strategic rights issue aimed at raising total proceeds of up to AED2.59 billion. This initiative marks a significant step in accelerating the bank’s strong organic growth and delivering long-term intrinsic value to shareholders. The rights issue offers shareholders an opportunity to …

YAOUNDÉ / WAM The UAE participated in the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO), held in the capital of Cameroon, Yaoundé. The UAE delegation was led by Fahad Al Gergawi, Undersecretary of the Ministry of Foreign Trade, and included officials from the Ministry of Foreign Trade, the Ministry of Foreign Affairs, the Central Bank of the …

ABU DHABI / WAM Marking its 10th year of operations, ADGM, Abu Dhabi’s International Financial Centre (IFC), delivered another year of solid growth and strategic milestones, reinforcing its role in advancing Abu Dhabi’s status as the ‘Capital of Capital’. Building on the strong momentum of recent years, ADGM continued to attract substantial international capital, world-class talent and leading institutions to …