Abu Dhabi / WAM The UAE gross bank assets, including bankers’ acceptances, stood at AED2.909 trillion, in February down from AED2.913 trillion in the preceding month, figures by the UAE Central Bank have showed. Gross credit in the banking system, rallied 6 percent from AED1.662 trillion in January 2019 to AED1.671 trillion in February, with total bank deposits following suit ...

ABU DHABI / WAM The Abu Dhabi Distribution Company, a branch of the Abu Dhabi National Energy Company PJSC, has stated that the emirate has saved 181 megawatts (MWs) of electricity during Earth Hour 2019. Launched ten years ago, Earth Hour is a global initiative that aims to engage individuals to support efforts in tackling climate change. Saeed Mohammed Al ...

ABU DHABI / WAM Agthia Group shareholders approved a cash dividend of 15 percent for an amount of AED90 million during its recent 14th Annual General Meeting in Abu Dhabi. Agthia Group PJSC, a UAE food and beverage company, had previously reported that net profit had increased to AED211 million in 2018, 11 percent higher when non-repeating items were excluded ...