Abu Dhabi Commercial Bank (ADCB) has unveiled an ambitious growth strategy that aims to double its net profit to Dh20 billion within the next five years. The bank targets an annual growth rate of approximately 20 percent during this period. Additionally, ADCB plans to increase its year-on-year paid-out dividends to around Dh25 billion, reflecting a...
His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, welcomed Georgian Prime Minister Irakli Kobakhidze on Monday during his working visit to the UAE. The meeting took place at Qasr Al Shati in Abu Dhabi, where both leaders engaged in discussions aimed at enhancing cooperation between the UAE and Georgia. The...
H.H. Sheikh Abdullah bin Zayed Al Nahyan, who serves as the Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with Shegun Adjadi Bakari, the Foreign Minister of the Republic of Benin, on January 24, 2025, in Abu Dhabi. During this meeting, Sheikh Abdullah welcomed the Beninese Foreign Minister and engaged in...
During the 55th Annual Meeting of the World Economic Forum in Davos, Abdulla bin Touq Al Marri, the Minister of Economy and Chairman of the UAE Circular Economy Council, underscored the UAE’s strategic role in the circular economy. Participating in a session titled “Turning Plastic Waste into Raw Materials: Fueling the Circular Economy,” he highlighted...
Bahrain-based Arcapita has joined hands with New York’s Parkway Venture Capital to invest in a portfolio of fast-growing artificial intelligence (AI) companies. This move comes as the global demand for transformative AI technologies continues to rise. The portfolio includes notable players like Figure AI, which creates AI-powered humanoid robots and collaborates with industry giants such...