ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB) has announced a 27 percent increase in net profit during the first quarter of 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33 percent settling at AED2.851 billion, while non-interest income increased by 34 percent to reach AED1.061 billion. ADCB’s operating profit before impairment charge grew by …

ABU DHABI / WAM Malaffi, the first Health Information Exchange (HIE) in the Middle East and North Africa and a strategic initiative of the Department of Health — Abu Dhabi, has announced its participation at HIMSS23 Global Conference and Exhibition in Chicago, US. The annual conference, running until April 21 this year, is one of the most critical global meetings …

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has reinforced its commitment to the Chinese market with the signing of a memorandum of understanding with China’s SF Airlines. As per the MoU, both carriers will start operating flights via their respective fleets to the other carrier’s hub in April, which will enable the UAE’s …