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Adnic’s net profit increases 20.7% to AED284.3m in 2019

ABU DHABi / WAM The Abu Dhabi National Insurance Company (Adnic) on Tuesday reported its full year financial results for the year ended December 31, 2019, announcing a net profit up 20.7 percent year-on-year to AED284.3 million. According to Adnic’s press release, gross written premium increased by 29 percent year-on-year to AED3.76 billion and net technical profit increased by 1.6 ...

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UAE ministry offers family consultation via Instagram

DUBAI / WAM The Ministry of Community Development launched the “Taaluf Live” service during the UAE Innovation Month of February 2020, a social sustainable development channel that provides family consultations for the first time through the ministry’s Instagram account (mocduae), including regular weekly episodes aimed at promoting communication and direct interaction with the members of the community. The service is ...

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Fujairah unveils AED1.9b Mohamed bin Zayed City

ABU DHABI / WAM The Follow-Up Committee of the Initiatives of the UAE President has completed the construction of the AED1.9 billion Mohamed bin Zayed City housing project in Fujairah. The city has been set up in line with the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, under the directives of His Highness Sheikh Mohamed bin ...

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