ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has announced that its General Assembly has approved a cash dividend of AED2.595 billion, 71 fils per share for the fiscal year ending 31st December 2023. This represents an increase from 49 fils per share in 2022, constituting 49 percent of the bank’s net profit for the year. Additionally, ADIB achieved …

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Željko Komšić, Chairman of the Presidency of Bosnia and Herzegovina, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin …

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, today witnessed the announcement of a partnership between the Mohamed bin Zayed Water Initiative and XPRIZE, with an investment of $150 million to launch the XPRIZE Water Scarcity competition, which has a total prize purse of $119 million. The five-year global competition …