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Abu Dhabi to host Microcredit meet

Abu Dhabi / WAM Global policy makers and microfinance experts will convene in Abu Dhabi from March 14-17 to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion. Under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, the summit will explore how new ...

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Etisalat, du tie up for ‘Taawun’

Abu Dhabi / Emirates Business Etisalat and du on Wednesday announced ‘Taawun’, a joint initiative to support the long-term vision of the government in developing smart infrastructure and giving customers an opportunity to select their operator of choice for telecom services. It initially includes more than 50 projects and will serve as the model for all new greenfield areas in ...

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DIB announces 45% cash dividend in 2015

Dubai / WAM Dubai Islamic Bank (DIB) has announced the distribution of a 45% cash dividend for 2015, a 12.5% increase from the previous year, following the conclusion of its Annual General Meeting (AGM). The assembly approved the bank’s 2015 financial statements. For the 12 months ended December 31, 2015, DIB reported a net profit of AED3.83 billion, a significant ...

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