ABU DHABI/ WAM First Abu Dhabi Bank (FAB) and Mastercard have announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East, and Africa (EEMEA) region. The landmark deal spans four markets – the UAE, Saudi Arabia, Oman, and Egypt – and will see the market leaders join forces to further fuel the region’s …

ABU DHABI/ WAM The United Arab Emirates and the Arab Republic of Egypt continued to airdrop humanitarian and relief aid into the northern Gaza Strip. The Joint Operations Command of the Ministry of Defence has announced the implementation of the fourth airdrop of humanitarian and relief aid, carried out by the UAE Air Force and the Egyptian Air Force in …

ABU DHABI/ WAM Burjeel Holdings PLC announced a 15.6 percent increase in annual revenue to AED 4.5 billion, while net profit increased by 52.4 percent to AED 540 million in 2023, supported by significant revenue growth, increased operational efficiencies, and reduced financing costs. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 17.7 percent to AED 1 billion in …