ABU DHABI / WAM First Abu Dhabi Bank (FAB), on Tuesday reported its full year financial results for 2019, announcing a net profit of AED12.5 billion, up 4% from AED12.0 billion in 2018. Commenting on the results, HH Sheikh Tahnoun bin Zayed Al Nahyan, Chairman of FAB, said, “2019 marked another year of growth for FAB, despite challenging market conditions ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), and its subsidiary Nawah Energy Company (Nawah) announced that an extensive operational readiness assessment performed by an international team of nuclear industry experts from the Atlanta Centre of the World Association of Nuclear Operators (WANO), concluded that Unit 1 of the Barakah Nuclear Energy Plant in Abu Dhabi is ready ...

ABU DHABI / WAM The National Central Cooling Company (Tabreed), on Tuesday released its audited financial results for 2019, reporting an 11% increase in net profit to AED472.5 million for full year, adding 51,336 Refrigeration Tonnes (RT), of new customer connections, resulting in the delivery of 1,182,715 RT of cooling capacity. Tabreed’s Board of Directors recommended a cash dividend for ...