ABU DHABI / WAM The central bank of the UAE (CBUAE) issued its 2022 Annual Report, highlighting its progress and initiatives to bolster monetary and financial stability in the UAE throughout the year. The report highlighted the CBUAE’s monitoring and supervision efforts to enhance monetary stability and the financial sector’s resilience and support economic activity in the UAE. It also …

DUBAI / WAM Within the Government Experience Exchange Program, the governments of the UAE and the Republic of Malta discussed the means to promote bilateral cooperation in the fields of knowledge exchange and sharing successful government experiences. The two sides held a series of meetings to activate the bilateral cooperation tackling the fields of research and innovation, which was launched …

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) has reported its financial results for the three-month period ending on March 31. The company reported an increased profit of 17.2% to AED99.7 million, compared to AED85.0 million for the same period in 2022. Adnic’s total insurance revenue stood at AED1.0 billion, compared to AED1.1 billion for the same period …