ABU DHABI/WAM First Abu Dhabi Bank (FAB) has achieved record performance in the first nine months of 2023, reporting that net profit for the period reached AED12.4 billion, up 58% year-on-year on an underlying basis (excluding Magnati-related gains in 2022). Revenue was AED20.5 billion, up 38% year-on-year, reflecting the successful and sustained execution of the bank’s growth strategy. FAB announced ...

AMDJARASS/WAM The Emirati humanitarian team in Amdjarass, Chad, has provided medical devices, intensive care equipment, and solar-powered lighting systems to support Amdjarass provincial hospital. The Emirati team in Chad includes the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, the Khalifa bin Zayed Al Nahyan Foundation, and the Office for the Coordination of Foreign Aid. Ahmed ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, in the presence of Sheikh Khalid bin Saud Al Qasimi, Vice Chairman of Ras Al Khaimah’s Investment and Development Office, delivered a keynote address at the official launch event for RAK Digital Assets Oasis, the world’s first free zone ...