ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) received an upgrade to its Baseline Credit Assessment (BCA) from Moody’s as the ratings agency affirmed Adib’s credit ratings, indicating continued stability and improvement in the bank’s financial health. The upgrade in Adib’s BCA is attributed to the bank’s improved profitability, driven by higher margins and diversified revenue streams. Adib recorded …

DUBAI / WAM Digital Dubai launched on Wednesday an integrated set of digital services designed for facilitating charity and humanitarian work via the “DubaiNow” application, the city’s one-stop-shop mobile application that allows anyone to access over 250 government and private sector services. It enables users to donate to the Mothers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid …

ABU DHABI / WAM Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed USD$1 trillion in 2023, has announced that it is joining the UAE’s #NextGenFDI initiative for digitally-enabled businesses as it opens a new subsidiary, Capital Com MENA Securities Trading LLC (Capital Com MENA), based in the UAE. The new entity will be the operating …