Abu DHABI / Emirates Business Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 989.5 million for the first half of 2016, a year-on-year (YoY) increase of 3.8 percent. Total assets grew by 5.6 percent YoY to AED 121.5 billion, with customer deposits rising 9.3 percent to AED 97.4 billion, while loans grew by 6.9 percent to …

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to the President of the French Republic, Francois Hollande, on the occasion of his country’s National Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al …

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree No.159 for the year 2016. The Decree appoints Mattar Salim Ali Al Dhaihiri as Under-Secretary of the Ministry of Defence and is effective from the date of issuance of 10th July, 2016. Mattar Salim Ali Al Dhaihiri has worked as Assistant Under-Secretary …