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UAE participates in 3rd Arab Economy and Cooperation Forum with Central Asian States and Azerbaijan

DOHA / WAM The UAE delegation participated in the third session of the Arab Economy and Cooperation Forum with Central Asian States and the Republic of Azerbaijan, held in Doha under the theme ‘Prospects for mutual cooperation amidst challenges and aspirations’. The country’s delegation was represented at the forum by Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, ...

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FAB reports AED4.2b net profit, total assets over AED1.2trn in Q1

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced a solid net profit of AED4.2 billion and revenue of AED8.0 billion for the first quarter of 2024, underlining the bank’s consistent growth trajectory. The bank’s stellar performance is evidenced by revenue that grew 18% year-on-year (YoY) to AED8.0 billion, propelled by core operational growth, balance sheet expansion, higher ...

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Mohammed bin Rashid reviews participation figures in 8th Arab Reading Challenge

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed participation figures in the 8th Arab Reading Challenge 2024, which saw record participation with over 28 million students. Participation in this year’s edition has seen a 13.7% increased compared to last year’s figures, when 24.8 million students ...

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