ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) said its net profit for Q1 of 2021 surged by 125 percent to AED608 million compared to AED 270 million in Q1 of 2020, and up 26 percent against Q4 of 2020. The growth in net profits reflects the strong underlying performance across the business, the bank said in a statement. ...

Dubai / WAM Dubai Chamber of Commerce and Industry announced that it has signed a memorandum of understanding (MoU) with TikTok to create and launch the Dubai Chamber – TikTok Academy, a four-week educational programme that will help 1,000 startups and SMEs validate and grow their businesses using the content creation platform. Under the terms of the two-year agreement, participants ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 156,940 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...