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ADIB launches first Islamic digital bank for youth

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) on Monday officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to 18. Co-created with the Founders Club, a cohort of Emirati youth and their parents, the all-in-one banking solution is designed to empower young customers with a dedicated digital banking experience, ...

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Masdar City free zone launches new license plans for business

ABU DHABI / WAM Masdar City Free Zone has announced the launch of new business package options for new and existing companies based in the region’s hub for innovative sustainable technologies, Masdar City. In line with the recent UAE government announcement to ease the business environment in the UAE, Masdar City Free Zone has introduced the new business package options ...

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Agthia launches 1st online auction platform for dates

ABU DHABI / WAM Agthia Group on Monday announced the launch of eZad, an innovative, convenient and efficient business to business eAuction platform, where buyers from across the globe can buy dates in bulk from sellers in the UAE. eZad makes buying and selling of dates faster, more transparent and profitable for all stakeholders. In the first phase, eZad will ...

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Team UAE fly for gold with Etihad

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, hosted 32 members of the UAE Paralympic Committee on their journey to the 2020 Paralympic Games taking place in Tokyo, Japan. The Olympic Games reached a spectacular finale on August 8, and the excitement continues as the Tokyo 2020 Paralympic Games open on August 24. The biggest para ...

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Emirates NBD seeks to double diamond trade financing

Dubai / Emirates Business Emirates NBD, a leading banking group in the Menat (Middle East, North Africa and Turkey) region, announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book in the UAE by 2025. Emirates NBD has collaborated with Dubai Multi Commodities Centre (DMCC) on the project to leverage its expertise and ...

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Adnoc signs framework deals worth $1b for major projects

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced the signing of framework agreements for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain to support the delivery of its 2030 strategy. The framework agreements – which were signed with eight top-tier global engineering contractors — have a combined scope worth ...

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ADIB unveils world’s first Islamic digital bank for 8-18 year olds

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) on Monday officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to 18. Co-created with the Founders Club, a cohort of Emirati youth and their parents, the all-in-one banking solution is designed to empower young customers with a dedicated digital banking experience, ...

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Afghan crisis: New Zealand lauds UAE’s cooperation in evacuation of its citizens

Abu Dhabi / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, has received a phone call on Monday from Peeni Henare, Minister of Defence of New Zealand. The two ministers discussed cooperation and joint action between the UAE and New Zealand in defence and military affairs, and touched upon regional issues of common interest. They also ...

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UAE, Kuwait discuss ways to boost ties

KUWAIT / WAM Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, met Kuwait’s Minister of Health, Dr Basel Hamoud Al-Hamad Al-Sabah, at his office in the Ministry. Al Neyadi highlighted the UAE’s keenness to boost joint cooperation and strengthen relations between the two brotherly countries to achieve the aspirations of the two countries’ leadership and peoples. For his part, ...

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