Recent Posts

DIB completes Noor Bank’s integration

DUBAi / WAM Dubai Islamic Bank (DIB) on Monday announced that it has completed integration of Noor Bank with successful migration of all banking relationships into DIB. The acquisition further enhances DIB’s position as one of largest Islamic banks in world with total assets exceeding AED300 billion. Speaking about the Bank’s successful integration, Group Chief Executive Officer, Dr Adnan Chilwan, ...

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Bee’ah, UoS agree to promote knowledge-based economy

Sharjah / WAM Bee’ah and the University of Sharjah (UoS) signed an MoU to collaborate across multiple areas of interest that will include environmental research, educational programmes, student sponsorships and explore developing business opportunities and Intellectual Properties (IPs). To enhance student development, Bee’ah will provide scholarships and training opportunities for UoS students and share recruitment opportunities through its job portals ...

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Mubadala takes stake in G42

Abu Dhabi / WAM Mubadala, the Abu Dhabi-based sovereign investment company, on Monday announced that it will become an investor in Group42 (G42) the Abu Dhabi-based artificial intelligence (AI) and cloud computing company, via the integration of Injazat and Khazna Data Centres. As a result of the transaction, Injazat and Khazna – both homegrown industry leaders nurtured over the past ...

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