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In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024 More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio;s robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance i
UAE Treasury Bonds Auction Held in Line with March Schedule with a Total Issuance of AED 1.1 Billion
Strong participation from all primary dealers, reflected in an oversubscription of 4.4 times with bids totalling AED 4.85 billion. Competitive Yield to Maturity (YTM) achieved of 3.73% for the T Bond tranche maturing September 2027 and 3.85% for the T-Bond tranche maturing January 2031, at a comparative tight spread of up to 16 basis points above comparable US Treasuries at the time of issuance. Abu Dhabi, UAE – 14 March 2026 The Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, announced the successful completion of the March 2026 auctio
Abu Dhabi, UAE – 14 March 2026 The Abu Dhabi Family Business Council, an affiliate of the Abu Dhabi Chamber of Commerce and Industry, organised a series of Ramadan visits to the majlis of prominent economic figures and leading entrepreneurs who manage the most prominent family businesses in Abu Dhabi and the emirate. The visits included the majlis of H.E. Sultan bin Rashid Al Dhaheri and H.E. Mohamed Thani Murshed Al Rumaithi, former Chairman of the Abu Dhabi Chamber of Commerce and Industry, and the majlis of His Excellency Yousef Mohammed Al Nuwais. The visits were attended by a delegation from Abu Dhabi Chamber led by H.E. Ahmed Jasi
On Emirati Children’s Day, we are reminded that every child deserves the opportunity to grow, learn, and flourish in an environment that protects their rights, ensures their safety, and nurtures their wellbeing. The UAE has long placed children at the heart of its development agenda, recognising that investing in their education, wellbeing, and access to opportunities is fundamental to building a prosperous and sustainable future. At Alef Education, we are proud to support this vision by harnessing the power of innovative, AI-driven learning solutions that spark curiosity, foster critical thinking, and equip every child with the skil
TAQA shareholders approve updated dividend policy for 2026-2028 Abu Dhabi, UAE – 13 March 2026 – Abu Dhabi National Energy Company PJSC (“TAQA” or the “Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today announced that its shareholders have confirmed the composition of its new Board of Directors following the Company’s Annual General Assembly. Shareholders also approved the Board of Directors’ recommendation for a final cash dividend of 2.20 fils per share for the fourth quarter of 2025, comprising a fixed dividend of 1.5 fils per share a
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Abu Dhabi, UAE: The Anwar Gargash Diplomatic Academy (AGDA), and GLOBSEC forum, a global think tank…