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ADCB signs deal to acquire 1,000 mortgages from ADF

Abu Dhabi / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further growth for ADCB’s retail and SME businesses in line with the bank’s UAE-centric strategy and prudent risk management framework. ADF was established in 2008 as an Abu Dhabi-focused ...

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Palestinians commend UAE’s move to provide Covid-19 vaccine to Gaza

Abu Dhabi / WAM Many Palestinians have commended the UAE’s move to provide the coronavirus vaccine to the Gaza Strip, in light of the long-imposed blockade that hinder the delivery of Covid-19 vaccines into the Strip. In a statement to the Emirates News Agency (WAM), Palestinian human rights activist Khalil Abu Shamala said that Gaza Strip is witnessing a deterioration ...

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SCAD, Khalifa University to boost statistical cooperation

ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) and Khalifa University of Science and Technology announced on Sunday the signing of a Memorandum of Understanding for statistical cooperation and the exchange of data. This partnership seeks to enhance collaboration, integration and sharing of knowledge and expertise in the fields of statistics, data and Artificial Intelligence (AI) technology. Through ...

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