ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) reported a net profit growth of 1.7 percent for Q1 2019 to AED 600.3 million. Revenues increased by 5.3 percent to AED1,436.6 million driven by growth in customer financing of 2.8 percent to AED 78.1 billion, and a 57.5 percent rise in investment income, which reached AED 185.3 million, in addition ...

DUBAI / Emirates Business The digital transformation of the Middle East and North Africa (Mena) small- and medium-sized enterprises and smart cities is driving regional software spend to top $6 billion, industry experts announced on Monday. The Mena region is a fast-growth market for digital transformation, as organisations look to gain greater business agility, better understand customer needs and trends, ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the UAE leadership is empowering the nation’s youth as part of its efforts ...