Tuesday , 12 May 2026

Recent Posts

Bank of Sharjah delivers record performance with net profit of AED151 million

SHARJAH / WAM Bank of Sharjah today announced its financial results for the three-month period ended 31st March 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last two years. The Bank recorded net profit of AED151 million, up 30% from AED116 million in 2025, while profit before tax increased 28% to AED166 million, reflecting strong revenue …

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EDGE partners with Nicomatic for local supply of connector technologies

ABU DHABI / WAM EDGE signed a Letter of Intent (LOI) with Nicomatic to establish a strategic cooperation framework for the local supply of advanced connector technologies at the Make it in the Emirates 2026. Witnessed by Hamad Al Marar, Managing Director and CEO, EDGE, the LOI was signed by Julien Nicollin, Group CEO, Nicomatic, and Ahmed Al Khoori, SVP, …

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Khalifa Fund signs 4 MoUs during ‘Make it in the Emirates 2026’

ABU DHABI / WAM Khalifa Fund for Enterprise Development (KFED) signed a series of Memoranda of Understanding (MoUs) with leading public and private sector entities at ‘Make it in the Emirates 2026’ (MIITE 2026), reinforcing its commitment to strengthen Abu Dhabi’s entrepreneurship ecosystem and support the growth and competitiveness of SMEs as key contributors to the national economy. The MoUs …

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