Monday , 9 February 2026

Recent Posts

Abu Dhabi Commercial Bank successfully completes AED6.1 billion rights issue

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4th December 2025. The transaction attracted exceptional demand, with total funded commitments exceeding AED12 billion from UAE, regional and international investors. Mubadala Investment Company, ADCB’s majority shareholder, subscribed in full …

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Modon sells out Bashayer on Hudayriyat Island within one day of launch

ABU DHABI / WAM Modon on Wednesday announced the complete sell-out of Bashayer, the first waterfront residential community on Hudayriyat Island, within one day of the launch, generating AED3 billion in sales. The exceptional demand reinforces Hudayriyat Island’s position as one of the region’s most desirable residential destinations and reflects the strength of Modon’s approach to shaping communities designed for …

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