ABU DHABI/ WAM Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the first quarter of 2024 (Q1’24). ADCB has continued growth momentum into 2024, delivering a first-quarter net profit before tax of AED2.431 billion, an increase of 26 percent year-on-year (YoY). Net profit after tax was AED2.139 billion, with a return on average tangible equity of ...
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ABU DHABI/ WAM The Ministry of Climate Change and Environment (MOCCAE) today signed a Memorandum of Understanding (MoU) with the Ministry of Maritime Affairs and Investment of the Republic of Indonesia, to support the country in reducing plastic waste leakage into the oceans. The formal signing ceremony took place on the sidelines of The AVPN Global Conference 2024 in Abu ...
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ABU DHABI/ WAM Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC), said that the United Arab Emirates is making continuous progress in the renewable energy sector, ranking advanced among regional countries in terms of clean and renewable energy production capacity. MacPherson added in statements to the Emirates News Agency (WAM), on the ...
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DUBAI / WAM The upcoming edition of Arabian Travel Market (ATM), a premier global event in travel and tourism, will serve as a pivotal gathering for hospitality stakeholders from May 6-9 at the Dubai World Trade Centre. According to data from Deloitte, Dubai is leading the regional hospitality markets with a strong outlook for 2024. The city now offers more ...
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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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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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ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, presided over the Council for Digital Quality of Life meeting at Qasr Al Watan in Abu Dhabi, in the presence of Shamma bint Suhail Al Mazrouei, Minister of Community Development and Vice President of the Council. The session was ...
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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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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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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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