ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced a strong start to 2023, with impressive returns resulting from their growth strategy. The group reported a net profit of AED3.9 billion in the first quarter, with key performance indicators indicating significant growth across all business segments and product lines. Operating income of the bank increased by 51% year-on-year, …

ABU DHABI / WAM Denis Sassou Nguesso, President of the Republic of Congo, received Captain Mohamed Juma Al Shamisi, AD Ports Group Managing Director and CEO, in Congo-Brazzaville to discuss future cooperation on the development of the ‘New Mole Port’. This visit follows the signing of a Head of Terms (HoT) agreement between AD Ports Group and the Ministry of …

ABU DHABI / WAM The Sorbonne University Abu Dhabi has announced a Mangrove Planting initiative to plant 65 mangrove trees on Al Reem Island, thus contributing to the Go Green 2023 environmental goals. The move is part of the university’s Go Green 2023 initiative, which aims to raise awareness and cultivate initiatives that address climate change challenges to move towards …