DUBAI / WAM Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), through its 1 Billion Meals initiative, on Tuesday announced its support for the United Nations UNITLIFE Trust Fund, which aims to address chronic malnutrition across the globe. As the region’s largest food donation drive, 1 Billion Meals aims to provide food aid to the underprivileged in 50 countries, especially ...

ABU DHABI / WAM Abu Dhabi Islamic Bank (Adib has announced that its general assembly has approved a cash dividend of AED1.7 billion, 49 fils per share for the fiscal year ending December 31, 2022. This represents an increase from 31 fils per share in 2021 and constitutes 49.2% of the bank’s net profit for the year. In addition, Adib ...

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, has launched a partnership with Asia-Pacific based venture capital firm Investible, to support the growth of tech startups and early-stage companies in Abu Dhabi. Founders at Hub71 will benefit from access to Investible’s Early-Stage Funds, valued at approximately AUS$180 million funds under management collectively. Hub71 startups will also gain access ...