Abu Dhabi / WAM The merger of the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) will be announced on April 1, while trading of new shares following the merger will start from April 2 onwards. The Abu Dhabi Securities Exchange has stated that it had completed the procedures for the unification of the records of the stakeholders in …

  Abu Dhabi / WAM The Emirates News Agency (WAM) has signed two separate Memorandums of Understanding (MoUs) with Kazakhstan’s International News Agency (Kazinform) and Tunisia Africa News Agency (TAP) to facilitate news exchange. The MoU with the Kazakhstani agency was signed between Mohammed Jalal Al Raisi, Executive Director of WAM and Assel Tulegenova, the Director-General of Kazinform, at the World …

  Dubai / WAM Dubai has taken a big step towards innovative and smart mobility solutions for reducing city traffic congestions, with the first trial run of manned AAV, an Autonomous Aerial Vehicle. In collaboration with Chinese EHANG Company, the first test run of an AAV capable of carrying a human, branded as EHANG184 was carried out in Dubai skies, the …