Recent Posts

ADIB logs AED6.1 billion in net profit for 2024

ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) achieved a record performance in 2024, with Net Profit after tax totalling AED6.1 billion in 2024, an increase of 16 percent compared with AED5.25 billion in 2023. Net Profit before tax increased by 26 percent year-over-year (YoY) to AED6.9 billion. During the last quarter of 2024 (Q4 2024), net profit before tax reached ...

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Digital School holds workshop to shape digital learning in Mauritania

DUBAI/WAM The Digital School, an initiative of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), in collaboration with the Emirates Red Crescent (ERC), organised a strategic 2-day workshop in the Mauritanian capital, Nouakchott. The high-level Emirati delegation was led by Dr Hamdan Musallam Al Mazrouei, Chairman of the Board of Directors of the Emirates Red Crescent and Board Member ...

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Expected 5% growth for UAE’s infrastructure sector in 2025

ABU DHABI / WAM International reports from specialised construction and infrastructure research firms have highlighted the UAE’s position as one of the most active construction markets regionally and globally. International reports predict that the country’s infrastructure sector will continue to grow in 2025, driven by ongoing and upcoming projects in development. According to “Mordor Intelligence,” a market research firm, the ...

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