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Adib postpones instalments for finance customers during Ramadan

  ABU DHABI / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced it would be postponing one monthly installment for its personal finance customers at no fees or extra charges. The postponement aims to provide the banks customers with cash flow relief during the Holy Month of Ramadan, which is known to be a month ...

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Emirates ramps up global operations

  DUBAI / WAM Emirates announced it will ramp up its global operations with the restart of services to four destinations, including Bali, London Stansted, Rio de Janeiro, and Buenos Aires. The airline has also announced it will boost services to Nigeria, Mauritius and Singapore to serve market demand. In line with the easing of travel restrictions worldwide, Emirates continues ...

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National Bonds investments up 36% to AED11.89b in ’21

  DUBAI / WAM National Bonds, the UAE’s Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, saw its investments increased by 36% to AED11.89 billion in 2021, indicating a positive accelerated growth in the culture of savings in the UAE. The company reported an increase of 64% in sales, attributing the growth to its innovative savings ...

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