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UAE one of the quickest economies to reach its pre-pandemic levels

  ABU DHABI / WAM The UAE has consolidated its position as one of the quickest economies to reach its pre-pandemic levels among GCC peers, said Issam Abousleiman, Country Director of the GCC Countries, Middle East and North Africa at the World Bank. In an interview with the Emirates News Agency (WAM), Abousleiman said the UAE led the world with ...

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Adnoc Distribution to pay AED1.28bn as H1 dividend

  ABU DHABI / WAM Adnoc Distribution announced on Wednesday the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED2.57 billion (20.57 fils per ...

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Adib expands ITM network in Abu Dhabi, Al Ain

  Abu Dhabi / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced the expansion of its popular Interactive Teller Machines (ITM) network with the addition of two new machines in Marina Mall, Abu Dhabi, and Oud Al Toba branch in Al Ain. The bank has witnessed a rapid growth in ITM usage year-on-year as of ...

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