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Month: July 2022

Posted on 28/07/2022

UAE bank ADCB quarterly net profit up 12%

Abu Dhabi Commercial Bank (ADCB) , the UAE’s third-biggest lender, reported on Thursday a 12% rise in second-quarter net profit, supported by rising rates and higher non-interest income.
( read original story …)


Posted on 28/07/2022

First Abu Dhabi posts $2.18bln net profit during H1

First Abu Dhabi Bank (FAB) said that the Group’s net profit amounted to AED8 billion ($2.18 billion) in the first six months (H1) of 2022, an increase of 50% compared to the same period last year. The …

Posted on 28/07/2022

Reportage Properties organize a special sales day in Abu Dhabi

Reportage Properties, the leading UAE real estate developer, is organizing a special sales day at the Sofitel Abu Dhabi Corniche, next Sunday, July 31. The event includes a special offer on some of …

Posted on 28/07/2022

First Abu Dhabi Bank’s net profit jumps 50 percent in Jan-June 2022 period

The bank’s total income in the first half was AED12.5 billion, up 31 percent year-on-year First Abu Dhabi Bank’s net profit jumps 50 percent in Jan-June 2022 period banking industry, FAB, financial …

Posted on 28/07/2022

Video: UAE forecasts more rain, issues remote work advisory for northern emirate workers

Local authorities have issued safety alerts and launched rescue operations for affected residents Video: UAE forecasts more rain, issues remote work advisory for northern emirate workers Cloud seeding …

Posted on 28/07/2022

Watch: UAE emergency team rescue family in boat as homes, streets, shops get flooded

Rescue operations are continuing in the UAE’s east, where incessant rains have flooded homes, streets and shops. A video shared by the Ministry of Interior on Thursday shows Civil Defence personnel …

Posted on 28/07/2022

UAE reports 1,257 new Covid cases, 1,095 recoveries

The UAE’s Ministry of Health and Prevention has reported 1,257 Covid-19 cases on July 28. The new cases were detected after 255,471 tests were conducted across the country to screen for the virus. The …

Posted on 28/07/2022

UAE Police and Civil Defence teams rescue citizens and residents from flood-affected Fujairah

The Ministry explained that the operation contributed to rescuing the stranded people in the flooded areas and rescuing those who were trapped inside their homes, as they were transferred to safe …

Posted on 28/07/2022

UAE: Surgeon reconstructs severed nose of man using skin from forehead

Doctors have reconstructed the nose of a 24-year-old man by grafting skin from his forehead after his nose was partially cut off after he fell on a sharp object. The accident occu …

Posted on 28/07/2022

Dubai real estate developer Deyaar reports 196 percent rise in net profit in H1 2022

The company also recorded a 24 percent increase in revenue to reach AED369.4 million during the January-June period of this year Dubai real estate developer Deyaar reports 196 percent rise in net …

Posted on 28/07/2022

Memorandum of Understanding signed by the Dubai Blockchain Center and Chaintech Labs Ltd

The Dubai Blockchain Center (DBCC) and Chaintech Labs Ltd (CTL) have announced a new cooperation agreement to foster long-term blockchain technology research and …

Posted on 28/07/2022

MAHE Dubai awarded 5-star rating by KHDA for the second time in a row

Dubai has been recently awarded the coveted 5-star rating for the second time in a row, with an overall rating score of 876, as per the Knowledge and Human Development Authority (KHDA)’s Rating of …

Posted on 28/07/2022

Dubai Islamic Bank 1st Half 2022 Group Financial Results

Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending June 30, 2022.

Posted on 28/07/2022

I paid N6M for a flight to Dubai just to take pictures for my birthday – Bobrisky

Popular crossdresser, Bobrisky has disclosed that he paid a total sum of N6M for a first-class flick ticket to Dubai, only to take pictures for her birthday celebration.

Posted on 28/07/2022

UAE: Aldar to buy 4 commercial towers in Abu Dhabi Global Market for Dh4.3 billion

Aldar Properties PJSC (“Aldar”) has signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial …

Posted on 28/07/2022

Avoid the Eastern Region for the time being, Sharjah Police tell public

Exercise the utmost care and caution, and stay away from places of surface run-offs, torrents and rainwater pools, the force said.

Posted on 28/07/2022

Abu Dhabi: Ma’an celebrates graduation of 144 participants who completed Ghaya financial literacy programme

Programme has trained 490 people on effective personal financial management Abu Dhabi: The Authority of Social Contribution — Ma’an hosted a graduation ceremony for the fourth cohort of the Ghaya …

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