ABU DHABI/WAM First Abu Dhabi Bank (FAB) today announced a record Group net profit of AED16.02 billion for the nine-month period ended 30th September 2025, representing a 24 percent yoy increase, while Profit Before Tax grew 26 percent yoy to AED19.25 billion in 9M’25. Return on Tangible Equity (RoTE) stood at 20 percent, remaining well above the Bank’s medium-term guidance. ...
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, expressing his sincere condolences and sympathy on the passing of Sheikh Ali Abdullah Al-Ahmad Al-Jaber Al-Sabah. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
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ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has attended Global Food Week 2025, underway until 23 October at ADNEC Centre Abu Dhabi. H.H. toured the pavilions of local and international exhibiting entities, reviewed the latest F&B products and innovative agriculture technologies and services on ...
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ABU DHABI/WAM H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Advisor, met with Steve Witkoff, the US Special Envoy for the Middle East, and Jared Kushner, during their visit to the United Arab Emirates. The meeting discussed the latest developments regarding the ceasefire in Gaza and the efforts being made by the US ...
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ABU DHABI / WAM AD Ports Group announced that Khalifa Port has advanced to the 39th position in the Lloyd’s List Top 100 Ports ranking for 2025, continuing its steady rise among the world’s leading container ports. Since its first entry into the global ranking in 2019 at the 95th position, Khalifa Port has demonstrated consistent growth driven by strategic ...
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ABU DHABI / WAM Numou, a subsidiary of ADGM, the international financial centre of Abu Dhabi, has launched Procurement Financing, a flagship initiative that enables SMEs with government or corporate contracts to seamlessly access funding. The new solution links guaranteed contract demand with accessible financing, bridging government procurement opportunities with lender support via Numou’s digital platform. Procurement Financing will allow ...
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RAS AL KHAIMAH / WAM Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm in the emirate, have announced a landmark strategic merger to create a unified entity operating under Marjan. This strategic merger combines world-class hospitality expertise with visionary land development strategies to form a dynamic, ...
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ABU DHABI / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the 19th edition of the Al Dhafra Festival will be launched by the Abu Dhabi Heritage Authority as part of the Camel Mazayna Season in Abu Dhabi. The festival will run from 27th October 2025 until 22nd January 2026. This year’s edition features ...
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RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Duma Gideon Boko, President of Botswana, and his accompanying delegation at his palace in the Saqr bin Mohammed City. The meeting was attended by H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. ...
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ABU DHABI/GULF TIME ADCOOP, a leading food retailer in the UAE and the retail arm of MAIR Group PJSC, showcased major milestones during Global Food Week (GFW) at the Abu Dhabi National Exhibition Centre (ADNEC). The event marked a defining moment in ADCOOP’s transformation; celebrating its unification under one brand and the launch of new initiatives that reinforce its commitment ...
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