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August 4, 2022 (Page 4)

ADIB hosts 6th edition of ‘Speed Meeting’ in collaboration with DIFC FinTech Hive

2022-08-04
On: August 4, 2022
In: Trading

ABU DHABI, Abu Dhabi Islamic Bank (ADIB), in collaboration with DIFC FinTech Hive hosted a “speed meeting” session for the sixth consecutive year. The session aimed at meeting shortlisted participants of the first sprint of the FinTech Accelerator prog…Continue Reading

ADNOC Drilling awarded over $3.4 billion in contracts to drive offshore production capacity growth

2022-08-04
On: August 4, 2022
In: Trading

ABU DHABI, Abu Dhabi National Oil Company (ADNOC) announced today two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 jack-up offshore rigs. The contracts, valued at $1.5 billion (AED 5.6 billi…Continue Reading

Amanat Holdings reports 7% growth in net profit in H1 2022

2022-08-04
On: August 4, 2022
In: Trading

DUBAI, Amanat Holdings has announced its financial results for the first six months of this year, reporting an adjusted net profit of AED67.4 million, a 7 percent increase on the AED63.1 million reported in the same period of 2021.On an adjusted basis,…Continue Reading

Value of CBUAE’s gold reserve up 1.6% in first five months of 2022 to AED12.1 bn

2022-08-04
On: August 4, 2022
In: Trading

ABU DHABI, The value of gold reserve of the Central Bank of the UAE (CBUAE) rose by 1.63 percent in the first five months of the year, according to the apex latest statistics.The figures, which were released today, showed that the CBUAE’s reserve of th…Continue Reading

Agthia’s net profit surges 74% on strong H1’22 results

2022-08-04
On: August 4, 2022
In: Trading

ABU DHABI, Agthia Group PJSC, one of the region’s leading food and beverage companies, announced today that its H1 2022 net revenues grew to AED 2 billion, building on exceptional first quarter growth and ongoing consolidation of strategic acquisitions…Continue Reading

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