DUBAI / WAM First Abu Dhabi Bank (FAB) signed an Escrow Agreement with Dubai Land Department (DLD), represented by its Real Estate Regulatory Agency (RERA). The agreement allows the bank to open and manage escrow accounts for Jointly Owned Property (JOP) owners in Dubai. The agreement was signed by Marwan bin Ghalita, CEO of RERA, and Manoj Menon, Senior Managing ...

MUSCAT / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, offered his condolences to Sultan Haitham bin Tariq on the demise of Sultan Qaboos. Sheikh Mohamed bin Zayed conveyed the condolences of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, to Sultan Haitham of ...

ABU DHABI / WAM The Statistics Centre Abu Dhabi, SCAD, released its annual national accounts report for 2018, in addition to the quarterly reports for the second and third quarters of 2019, where, cumulatively, the results showed a significant increase in Abu Dhabi’s gross domestic product (GDP). The GDP at current prices reached AED932.4 billion in 2018, compared to AED813.6 ...