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FAB reports AED3bn Q1 profit

Abu Dhabi / WAM First Abu Dhabi Bank (FAB), reported on Sunday a net profit of AED3 billion for the first quarter of 2018, up two percent year-on-year and six percent quarter-on-quarter. Commenting on the bank’s performance, Abdulhamid Saeed, Group Chief Executive Officer of FAB, said, “I am pleased to announce that we started 2018 on a positive note with ...

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Khalifa Foundation to distribute 915,000 meals during Ramadan

ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation has launched a Ramdan Iftar project, as part of its seasonal humanitarian projects and programmes for the Holy Month of Ramadan, that aim to benefit the largest number of people under the framework of social solidarity. During a press conference, which was held on Sunday and attended by the ...

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Enoc to set up ‘futuristic’ service station for Expo 2020 Dubai

Dubai / WAM Emirates National Oil Company (ENOC), has been appointed Expo 2020 Dubai’s Official Integrated Energy Partner with plans to set up a ‘service station of the future’ at the next World Expo. In line with its commitment to support the socio-economic growth of Dubai and the UAE, ENOC Group believes that Expo 2020, which has a core theme ...

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