Recent Posts

Sharjah Ruler approves 3,578 scholarships

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 3,578 scholarships for students from the emirate of Sharjah and the children of female citizens of the emirate, to pursue various undergraduate programs at universities within Sharjah. Of these, 1,818 scholarships were granted to the University of Sharjah. The American University of ...

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Top ten UAE banks exhibited improved asset quality, higher profits in Q2 2024: Report

ABU DHABI/WAM The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024. Alvarez & Marsal (A&M), a leading global professional services firm, in its latest report on UAE Banking Pulse for the second quarter of 2024, stated that profitability increased to AED 21.5 billion for Q2 2024 on ...

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ADQ partners with ne’ma to support UAE’s efforts to reduce food loss, waste

ABU DHABI/WAM ADQ, an Abu Dhabi-based investment and holding company, announced the signing of a multi-year partnership agreement with ne’ma, the UAE’s National Food Loss and Waste Initiative. Launched in 2022 in the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ne’ma is a collaboration between the Ministry of Climate Change and Environment and Emirates Foundation that aims ...

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