Fujairah / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Emirates Council for Balanced Development, has launched the ‘Qidfa Development’ in the emirate of Fujairah, which is the first project of the ‘Emirates Villages’, an initiative aimed at creating a sustainable development model. HH Sheikh Theyab said …

  Abu Dhabi / WAM The UAE strongly condemned the terrorist attack that took place in the Hiraan region, central Somalia, which resulted in the death and injury of numerous people. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of …

Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) has announced the increase of its ownership in Adib Egypt to more than 52 percent. In a disclosure to the Abu Dhabi Securities Exchange (ADX) on Thursday, Adib stated that it had acquired 9.6 million shares from National Investment Bank (NIB), representing 2.4% of Adib Egypt’s share capital. The deal has …