ABU DHABI / WAM First Abu Dhabi Bank (FAB) announced that the group’s net profit amounted to AED8 billion in the first six months of 2022, an increase of 50% compared to the same period last year. In a statement on Thursday, the bank said the total income was AED12.5 billion, up 31% year-on-year, including an AED3.1 billion net ...

Abu Dhabi / WAM Aldar Properties signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, located on Al Maryah Island. The assets, which will be held by Aldar Investment Properties (AIP), are valued at AED4.3 billion, representing one of the largest ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the death of Prince Abdulrahman bin Nasser bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid ...