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AED9.6 bn In Credit Facilities For Service, Non-Profit Organisations In Three Months
Figures recently released by the Central Bank of UAE indicate the steady rise in the total financial assistance received by this sector which amounted to around AED148.8 bn in 2018 against AED138.3 bn in 2017.
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Abu Dhabi Trade In Aluminum, Copper Hits AED3.4 bn In January, February
The trade in the two metals accounts for 9.5 percent of the emirate’s total non-oil trade volume during the two months, which is valued at AED35.8 bn.
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ATMs Up To 5,279 By End Of March
The continued rise in ATMs across the country reflects the UAE banking sector’s commitment to forging ahead with its plans to automate services in a way that optimises costs and streamlines business.
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TAQA Records AED 4.3 Billion Of Revenue In Q1 2019
TAQA’s oil and gas division achieved production for the first quarter of 2019 of 126.7 mboe/d, a slight increase compared to 123.8 mboe/d in Q1 2018.
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Bilfinger Middle East Awarded Series Of Multi-Million Dollar EPC Contracts In Abu Dhabi Downstream Sector
The Abu Dhabi National Oil Company (ADNOC) has awarded Bilfinger three separate projects in the first quarter of 2019.
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Zayed Higher Organisation, Al Jalila Foundation Celebrate Graduation Of ’Ta’alouf’ Programme
In implementation of the MoU signed with Al Jalila Foundation, with the aim of enhancing cooperation and partnership to ensure the expansion of the programme scope.
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ADCB Reports Q1 Net Profit Of AED1.152 bn
Abu Dhabi Commercial Bank PJSC today released its Q1-2019 financial results, reporting strong operating performance underpinned by robust growth in gross interest and Islamic financing income and non-interest income.
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UAE National Banks’ Capital Adequacy Ratio Up To 17.5 Percent By End Of March
The UAE national banks’ solvency hit a three-year high, with the capital adequacy ratio (tier 1 + tier 2) standing at 17.5 percent by the end of March 2019.
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Hazza Bin Zayed Launches Abu Dhabi Government Media Office Brand
The mission of the Abu Dhabi Government Media Office, ADGMO, is to communicate the Abu Dhabi Government’s vision, shining a light on the latest developments as well as showcasing the Emirate’s unique values and traditions, especially through digital platforms.
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Khalifa Foundation To Provide 951,000 Meals Throughout Ramadan
The Khalifa bin Zayed Al Nahyan Foundation began its Ramadan Iftar project, which aims to provide 31,700 meals daily, totalling 951,000 meals throughout the Holy Month.
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