Abu dhabi: Abu Dhabi Islamic Bank (ADIB) today announced a 16 percent year-on-year increase in pre-tax net profit for the first half of 2025, reaching AED4 billion, reflecting strong balance sheet growth, continued business momentum, and a rising customer base. The bank delivered another record performance in Q2 2025, with pre-tax net profit up 14 … Read more
Dubai: Dubai Design Week is set to return for its 11th edition from 4th to 9th November 2025, under the patronage of H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority and member of Dubai Council. According to Emirates News Agency, the event is organised in partnership with … Read more
Abu dhabi: Total banking sector assets in the UAE, including bankers’ acceptances, rose by 0.6 percent month-on-month to exceed AED4.749 trillion at the end of April 2025, up from approximately AED4.719 trillion at the end of March. According to Emirates News Agency, the Summary Report – Monetary and Banking Developments – April 2025 issued by … Read more
Abu dhabi: The Abu Dhabi Music and Arts Foundation (ADMAF) and France’s Manufactures nationales, comprising S¨vres and Mobilier national under the Ministry of Culture, have entered into a Memorandum of Understanding aimed at promoting cultural dialogue through collaboration, innovation, and educational initiatives. This agreement intends to aid emerging talents, enhance skills among established artists, and … Read more
Abu dhabi: Abu Dhabi Fund for Development (ADFD) has announced the inauguration of a comprehensive social housing project in the city of Berbera, Somaliland. The project, valued at AED27.5 million (approximately US$7.5 million), underscores the UAE’s long-standing commitment to promoting sustainable development in Somaliland. It includes the construction of 300 residential units designed across three … Read more
Abu dhabi: Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office (NMO) and Chairman of the Board of Directors of the UAE Media Council, has reaffirmed the UAE’s commitment to strengthening its global position as a leading hub for media production, emphasising that expanding international partnerships in the media sector remains … Read more
Dubai: Al Jalila Foundation, the philanthropic arm of Dubai Health, has partnered with AmCham Dubai, The American Business Council in Dubai, to launch the ‘Revive and Thrive’ returnship programme, designed to help women re-enter the workforce after cancer treatment. According to Emirates News Agency, the innovative initiative has already achieved success, with nine members of … Read more
Dubai: DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping to close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved through a combination of DP World’s own lending operations and partnerships with … Read more