ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered coronavirus (Covid-19) free tests for the UAE citizens, in line with the preventive and precautionary measures taken by the UAE to contain the spread of the virus. According to a joint statement ...

ABU DHABI / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Tuesday its first quarter 2020 financial results, recording an underlying Ebitda of AED629 million, a growth of 4.7 percent. In a statement, the company noted net profit was AED 400 million for the quarter and cash flow generation “remained strong” with free cash flow of ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) signed a ‘Depository Agent Custodian’ agreement with Bahrain Clear to offer custody services at Bahrain Bourse to regional and international investors. According to a press statement issued by FAB on Tuesday, the agreement is “in line with Bahrain Clear’s efforts to enhance post-trade services and expand outreach to regional and global ...