Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, on Friday announced that the central bank of the UAE had granted in-principle approval to launch a new digital banking platform, which will be called “Wio”. With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services centre at the ...

  Abu Dhabi / WAM The UAE and Israel signed a memorandum of understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their bilateral ties. The MoU was signed by Dr. Ahmed Belhoul Al Falasi, Minister of State of Entrepreneurship and SMEs and Chairman of the Emirates Tourism Council, and Yoel Razvozov, Israeli Minister of Tourism, who is ...

  Sharjah / WAM Adnoc Drilling company on Friday announced its financial results for the fourth quarter and full-year ending December 31, 2021, with a net profit for the full year $604 million, up 6 percent year-on-year. A press release by Adnoc Drilling said that the company’s revenue for the 12 months increased 8.2 percent to $2.27 billion compared to ...