AVPN Global Conference spotlights impact investing, partnerships

ABU DHABI / WAM The second day of the AVPN Global Conference 2024 unfolded with a spotlight on impact investing and new partnerships as powerful vehicles for driving positive change across Asia. Commenting on the significance of impact investing in Asia, Naina Subberwal Batra, CEO of AVPN, said, “The fact that we dedicated Day Two of our flagship Conference to ...

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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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Mohammed bin Rashid meets with King of Bahrain

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Thursday met with His Majesty King Hamad bin Isa Al Khalifa, King of Bahrain, and discussed new opportunities to enhance the strategic partnership between the two countries. The meeting took place at His Majesty’s residence in Abu ...

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Khaled bin Mohamed bin Zayed attends EmiratesSkills National Competition

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the 15th EmiratesSkills National Competition, being held under the patronage of H.H. Sheikha Fatima bint Mubarak (the Mother of the Nation), Chairwoman of the General Women’s Union (GWU), President of the Supreme Council ...

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ADIB delivers AED1.45 billion net profit in Q1 2024

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) reported a growth in Net Profit after tax of 32 percent for Q1 2024 to AED1.45 billion from AED1.1 billion in Q1 2023, reflecting a consistent trend of strong growth. The net profit before tax was AED1.64 billion, up 41 percent versus Q1 2023. The revenue for Q1 2024 improved by 24 ...

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UAE President, Prime Minister of Spain discuss regional developments, efforts to achieve peace in phone call

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from His Excellency Pedro Sanchez, Prime Minister of the Kingdom of Spain, during which they discussed bilateral relations and ways to develop cooperation between the UAE and Spain in various fields in order to achieve their mutual interests. The call touched upon regional and ...

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ADQ, Plenary aim to boost global infrastructure growth

ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, and Plenary Group (Plenary), an independent investor, developer and manager of public-private infrastructure projects headquartered in Australia, announced a partnership aimed at expediting the expansion of public and social infrastructure through strategic investments. ADQ will acquire a 49 percent stake in Plenary, including all shares currently owned by ...

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