Recent Posts

FAB share transactions hit AED13.2bn in 10 months

ABU DHABI / WAM A total of AED13.2 billion worth of purchase and sales transactions in shares of First Abu Dhabi Bank (FAB) have been conducted since the merger of the National Bank of Abu Dhabi and First Gulf Bank in April 2017 to create one of the region’s largest banking entities. FAB deals accounted for 17.3 percent of total ...

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40 French firms to set up collective pavilion at ADIPEC

Abu Dhabi / WAM Business France, the national agency supporting the international development of the French economy, is once again organising a French collective pavilion at ADIPEC, where some 40 companies representative of the industry’s various sectors will be presenting their products, services and expertise to local professionals with a view to developing or strengthening partnerships. With major reserves (48% ...

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Takaful posts AED52mn gains

Abu Dhabi / Emirates Business Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the MENA region and one of the most progressive insurance companies in the UAE, reported strong financial results by achieving a combined net profit of AED52 million (Policyholders and Shareholders before Qard Hasan) and an underwriting profit of AED41.4 million as at end ...

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