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Mohamed, British PM review regional, global developments

Abu Dhbai / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed during a telephone call with British Prime Minister Boris Johnson ways of enhancing relations of cooperation and friendship between the two countries. His Highness Sheikh Mohamed bin Zayed and the British Prime Minister ...

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FAB reports group net profit of AED5.4 billion in H1 2021

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Abu Dhbai / WAM First Abu Dhabi Bank (FAB) has reported its financial results for the first half period ended on June 30. First half 2021 Group Net Profit was AED5.4 billion, an 11 percent increase year-on-year. The increase was driven by revenue growth from a solid performance across the bank’s core businesses despite headwinds from rate cuts, increased contribution ...

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ADIB’s first half profit up 89% to AED1.1 billion

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Abu Dhbai / WAM Abu Dhabi Islamic Bank (ADIB) delivered strong financial results for H1 2021, with net profit surging 89 percent year-on-year to AED 1,109 million from AED 588 million in H1 2020. The growth in net profit reflects the strong underlying performance across the business supported by a 3.4 percent growth in total revenue to AED 2,644 million ...

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