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 ...

ABU DHABI/WAM Under the patronage of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Abu Dhabi Awards has officially launched its 12th edition. Coinciding with the UAE’s Year of Community, and marking 20 years since the inception of Abu Dhabi Awards in 2005, this milestone edition invites citizens, residents, and non-residents to nominate individuals whose selfless acts ...