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Mohammed bin Rashid: Generosity, UAE are two sides of the same coin

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stressed that generosity and the UAE are two sides of the same coin, and that the “1 Billion Meals Endowment” campaign will continue to welcome donations throughout the year. Once again leading by example and showing his full ...

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SIB net profit surges 25% to AED233.1 million in Q1 2023

SHARJAH / WAM Sharjah Islamic Bank (SIB) announced that its operating profit before provisions increased by 31.9 percent, amounting to AED327.7 million for the first quarter of 2023, compared to AED248.5 million for the same period last year. Net profit reached AED233.1 million for the quarter ending March 31, compared to AED187.0 million for the same period last year; an ...

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Emirates increases flights across GCC, Middle East

DUBAI / GULF TIME Emirates will be expanding its schedule this week to offer 38 additional flights across six cities in the GCC and Middle East to meet significant demand for Eid Al Fitr holiday travel. This year, more than 110,000 travellers are expected to board Emirates flights during Eid Al Fitr across the region, with additional flights planned for ...

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Fatima Al Blooshi named as director of Abu Dhabi Businesswomen Council

ABU DHABI / WAM The Abu Dhabi Businesswomen Council, a subsidiary of the Abu Dhabi Chamber, has appointed Fatima Helal Al Blooshi as a director of the council, to lead the development of women’s role in the private sector and enable them to be a key partner in the emirate of Abu Dhabi’s sustainable economic development. Al Blooshi is a ...

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‘UAE-China partnership will be key asset to COP28 Presidency’

BEIJING / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, has concluded a two-day trip to China, where he held a series of bilateral meetings, including with Ding Xuexiang, First Vice Premier of China; Zhao Chenxin, Vice Chairman of the NDRC; Huang Runqiu, Minister of Ecology and Environment; Xie Zhenhua, Special Envoy ...

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Under directives of UAE President, Abu Dhabi Crown Prince approves disbursement of housing benefits worth AED2.74b

ABU DHABI / WAM Under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the disbursement of housing benefits worth AED2.74 billion to 1,800 citizens in Abu Dhabi. The housing benefits include ...

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ADCB’s first quarter net profit rises 27% to reach AED1.87bn

ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB) has announced a 27 percent increase in net profit during the first quarter of 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33 percent settling at AED2.851 billion, while non-interest income increased by 34 percent to reach AED1.061 billion. ADCB’s operating profit before impairment charge grew by ...

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Malaffi to highlight Abu Dhabi’s leadership at Chicago conference

ABU DHABI / WAM Malaffi, the first Health Information Exchange (HIE) in the Middle East and North Africa and a strategic initiative of the Department of Health — Abu Dhabi, has announced its participation at HIMSS23 Global Conference and Exhibition in Chicago, US. The annual conference, running until April 21 this year, is one of the most critical global meetings ...

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