ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced a solid net profit of AED4.2 billion and revenue of AED8.0 billion for the first quarter of 2024, underlining the bank’s consistent growth trajectory. The bank’s stellar performance is evidenced by revenue that grew 18% year-on-year (YoY) to AED8.0 billion, propelled by core operational growth, balance sheet expansion, higher ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed participation figures in the 8th Arab Reading Challenge 2024, which saw record participation with over 28 million students. Participation in this year’s edition has seen a 13.7% increased compared to last year’s figures, when 24.8 million students ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received the Presidential Camel Racing Team, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. During the reception, which took place at Qasr Al Bahr in Abu Dhabi, His Highness Sheikh Mohamed, accompanied ...