DUBAI/WAM DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved through a combination of DP World’s own lending operations and partnerships with more than 32 financial institutions globally, ...

ABU DHABI/WAM First Abu Dhabi Bank (FAB) has delivered a record financial performance in the first half of 2025, reporting a net profit of AED10.63 billion, up 26 percent year-on-year, surpassing the AED10 billion mark for the first time in a half-year period. Earnings per share grew 27 percent yoy to AED0.93 in H1’25 and Return on Tangible Equity (RoTE) ...

ABU DHABI/WAM The UAE’s trade in telecommunication services increased by 4.3 percent in 2024, reaching AED10.2 billion, compared to AED9.8 billion in 2023, according to data released by the Federal Competitiveness and Statistics Centre (FCSC). This growth was largely driven by a strong performance in the fourth quarter of 2024, which recorded a year-on-year increase of 12.95 percent, bringing the ...