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UAE Ambassador meets Vice President of Republic of Benin

January 30, 2023 Web Desk 0

Mohammed Saeed Al Kaabi, UAE Ambassador to the Republic of Benin, met with Mariam Chabi Talata, Vice President of the Republic of Benin.During the meeting, Al Kaabi stressed the strong bilateral relations between the two countries and his desire to enh…

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ADIB registers AED 3.6 billion net profit in 2022

January 30, 2023 Web Desk 0

Abu Dhabi Islamic Bank (ADIB) announced a net profit of AED 3.62 billion in 2022, a 55% increase from the previous year. The bank also reported a 60% growth in Q4 2022 with a net profit of AED 1.2 billion, compared to AED 728 million in Q4 2021. ADIB’s…

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Abu Dhabi shares close higher

January 30, 2023 Web Desk 0

Abu Dhabi’s FTSE ADX index ended 0.713% higher Monday after a significant drop on Friday, underpinned by a remarkable rise in Abu Dhabi National Energy Company (TAQA) which closed the session 4.170% higher.The National Marine Dredging Company (NMDC) wa…

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Dubai records over AED2 bn in realty transactions Monday

January 30, 2023 Web Desk 0

Dubai real estate market recorded 568 sales transactions worth AED1.32 billion, in addition to 72 mortgage deals of AED673.74 million, and 12 gift deals amounting to AED30.06 million on Monday, data released by Dubai’s Land Department (DLD) showed.The …

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UAE leading proactive march towards future: Omar Al Olama

January 30, 2023 Web Desk 0

Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Member of the Mohamed bin Zayed University of Artificial Intelligence’s (MBZUAI) Advisory Board, said that the UAE, under the di…