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Emirates Islamic reports Q1 profit of AED811mn

DUBAI / WAM Emirates Islamic profit surged to a record AED811 million in the first quarter of 2024, up 35 percent year-on-year (YoY). This remarkable financial success was underpinned by a robust 19 percent growth in total income, propelled by higher funded and non-funded income streams, which serves as a testament to the bank’s strengthened business sentiment and strategic financial ...

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Theyab bin Mohamed bin Zayed inaugurates first ‘Abu Dhabi Mobility Week’

ABU DHABI / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has inaugurated the first Abu Dhabi Mobility Week. Organised by the Department of Municipalities and Transport (DMT) under the patronage of His Highness Sheikh Theyab, Abu Dhabi Mobility Week, which runs until 1st May, is ...

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Emirates NBD’s Q1 2024 profit surges 67% to AED6.7bn

DUBAI/ WAM Emirates NBD’s profit surged 67 percent to a record AED6.7 billion in the first quarter of 2024 compared to the previous quarter and up a strong 12 percent year-on-year propelled by regional growth, increased transaction volumes, a low-cost funding base, and substantial impaired loan recoveries. The group’s asset base surpassed AED900 billion, a five percent growth, as retail ...

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Arab Youth Centre unveils ‘Arab Youth Leadership Programme in Third Sector’

ABU DHABI / WAM The Arab Youth Centre(AYC) has announced the launch of the “Young Leadership Programme in the Third Sector” during its participation in the 2024 World Conference on Asian Humanitarian Affairs in Abu Dhabi. The programme aims to prepare and build the capacities of young cadres in public service and in areas related to developmental, humanitarian, and social ...

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Louvre Abu Dhabi opens From Kalīla wa Dimna to La Fontaine: Travelling through Fables exhibition

ABU DHABI / AD MEDIA OFFICE Louvre Abu Dhabi has opened its first exhibition of the year, From Kalīla wa Dimna to La Fontaine: Travelling through Fables, following its inauguration by His Excellency Mohamed Khalifa Al Mubarak, Chairman at Department of Culture and Tourism — Abu Dhabi and Louvre Abu Dhabi Chairman. Held in partnership with Bibliothèque nationale de France ...

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Khawla Art and Culture organises workshop on Arabic, Japanese calligraphy

ABU DHABI / WAM Khawla Art and Culture, in collaboration with the Japanese Embassy, organised a workshop featuring the Japanese calligrapher, Juichi Yoshikawa, at New York University (NYU) Abu Dhabi, with the attendance of more than 25 participants, including students, talented individuals, and art enthusiasts, as well as Emirati calligrapher Mohammed Mandi. The workshop, held as part of the ongoing ...

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CBUAE enhances SupTech plan as part of its FIT Programme

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has partnered with Accenture to implement a range of transformative services for the CBUAE’s Supervisory Technology (SupTech) initiative and the Enterprise Data Management (EDM) programme through the adoption of best-in-class digital solutions. SupTech is one of the key initiatives under the Financial Infrastructure Transformation (FIT) Programme and aims to ...

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Mansour bin Zayed receives Ambassador of China

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, received Zhang Yiming, Ambassador of the People’s Republic of China to the UAE, at Qasr Al Watan in Abu Dhabi. During the meeting, both parties reviewed bilateral relations and means to further develop cooperation in the fields ...

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