ABU DHABI/ WAM Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the first quarter of 2024 (Q1’24). ADCB has continued growth momentum into 2024, delivering a first-quarter net profit before tax of AED2.431 billion, an increase of 26 percent year-on-year (YoY). Net profit after tax was AED2.139 billion, with a return on average tangible equity of ...

ABU DHABI/ WAM The Ministry of Climate Change and Environment (MOCCAE) today signed a Memorandum of Understanding (MoU) with the Ministry of Maritime Affairs and Investment of the Republic of Indonesia, to support the country in reducing plastic waste leakage into the oceans. The formal signing ceremony took place on the sidelines of The AVPN Global Conference 2024 in Abu ...

ABU DHABI/ WAM Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC), said that the United Arab Emirates is making continuous progress in the renewable energy sector, ranking advanced among regional countries in terms of clean and renewable energy production capacity. MacPherson added in statements to the Emirates News Agency (WAM), on the ...