ABU DHABI / WAM The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value of more than AED869.85 million. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Al Hilal Bank, Mashreq Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard Chartered, RAKBANK, Commercial ...

ABU DHABI / WAM Agthia Group held its 15th General Assembly Meeting on Monday, during which the company’s shareholders approved the proposed strategic combination with Al Foah Company LLC, the world’s largest date processing and packaging company. Aghhia is a food and beverages company owned by General Holding Corporation (Senaat) — part of ADQ, one of the region’s largest holding ...

DUBAI / WAM DP World, UAE Region and Jebel Ali Free Zone (Jafza), have organised a webinar for Japanese companies operating in the UAE. The webinar shed light on the initiatives taken by them to tackle the unforeseen challenges that arose due to the Covid-19 pandemic, ensuring business continuity and promoting the well-being and safety of the community. The webinar ...