Abu Dhabi / WAM ADCorp announced on Monday the launch of its operations in Abu Dhabi Global Market, making it the first Islamic financial institution located in ADGM. Making the announcement, Jassim Alseddiqi, Executive Chairman of ADCorp, said, “We are pleased with the launch of operations at ADCorp after having received the relevant regulatory approvals. We have a strong team …

SHARJAH / WAM ‘Yalla Pickup’, a mobile application and web-based solution to order pickup trucks to move large consignments, has received a fresh lease of AED1 million in funding from its strategic partner ‘The Box’, provider of self-storage and transportation of goods services in the UAE. Catering to both businesses and individual customers, Yalla Pickup allows a smartphone, Android or …

SHARJAH / WAM Sharjah Economic Development Department (SEDD) has completed 33,149 issued and renewed licenses in Sharjah in the first half of 2017, according to the data released in its Licenses Annual Report of the year. According to a press statement, the report showed that the licenses renewed through the first half of the year reached 30,103, whereas May was …