Q2/H1 2021 EARNINGS PRESS RELEASE AND MANAGEMENT DISCUSSION & ANALYSIS

Q2/H1 2021  EARNINGS PRESS RELEASE AND MANAGEMENT DISCUSSION & ANALYSIS

ABU DHABI COMMERCIAL BANK PJSC NET PROFIT RISES 76% TO AED 2.524 BN IN H1’21 AND UP 14% TO AED 1.402 BN IN Q2’21 Abu Dhabi, 18 July 2021 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the second quarter of 2021 (“Q2’21”). Strong performance in Q2’21 supported by higher fee income, lower cost of funds and improved cost to income ratio   Key highlights – Q2’21 Net profit of AED 1.402 bn increased 14% YoY and 25% QoQ Net interest income…

 Aras Group prepares to open the first branch of the famous German restaurant “Haval Grill” in Jumeirah Dubai For the first time in UAE, Dubai hosts the German Rapper “Baba of Babas” XATAR

مجموعة أراس تستعد لافتتاح أول سلسلة للمطعم الألماني الشهير “هافال جريل”

 Aras Group prepares to open the first branch of the famous German restaurant “Haval Grill” in Jumeirah Dubai For the first time in UAE, Dubai hosts the German Rapper “Baba of Babas” XATAR Aras Group announces its readiness to open the first branch of the famous German restaurant “Haval Grill” on Wednesday 24 July, with the slogan “KoftesPieb, Aryan & Chill”. Haval Grill is located in Dubai, Jumeirah area and this will be the first branch of this chain outside Germany, and in the Middle East, North Africa and South…

AL FARDAN EXCHANGE L.L.C JOINS FORCES WITH EMPAY’S CONTACTLESS ECOSYSTEM IN LANDMARK DEAL TO PROVIDE REMITTANCE SERVICES

 شركة الفردان للصرافة ذ.م.م تطلق شراكة مع “إمباي” للدفع اللاتلامسي

AL FARDAN EXCHANGE L.L.C JOINS FORCES WITH EMPAY’S CONTACTLESS ECOSYSTEM IN LANDMARK DEAL TO PROVIDE REMITTANCE SERVICES The UAE’s leading exchange house, Al Fardan Exchange, signed a deal with the contactless payment ecosystem, providing more choice, convenience and flexibility to customers  Al Fardan Exchange, one of the UAE’s leading financial services providers, has announced their partnership with Empay, the world’s pioneering contactless payment and instant credit ecosystem. Al Fardan Exchange will be the exclusive remittance partner of Empay, which was looking to scale up its operations in the important financial…

Badiri expands its reach through awareness workshops on holistic wellbeing

“بادري” تقدم 3 ورش افتراضية توعوية حول الصحة النفسية والبدنية

Badiri expands its reach through awareness workshops on holistic wellbeing Badiri Education and Development Academy partners with Mind Mina to offer series of virtual sessions throughout July to promote Mental Health As part of its mission to drive awareness on the importance of holistic wellbeing, the Badiri Education and Development Academy, the knowledge and capacity building arm of NAMA Women Advancement Establishment (NAMA), is organising a series of three virtual ‘Mental Health Awareness Workshops’ in cooperation with Mind Mina, a UAE-based mental wellbeing platform. The sessions are open to all and…

AUTUMN / WINTER  2021 ‘BIBI’ He called her Bibi – she smiled, and remembered a simpler time.

خريف وشتاء 2021 “بيبي”

AUTUMN / WINTER  2021 ‘BIBI’ He called her Bibi – she smiled, and remembered a simpler time. Intrinsically bold, relentlessly brave, and empowered – The stage is set in the early sixties when a young Brigitte Bardot made international headlines as a modern-day femme fatale – at the forefront of cinematic marvels, and mesmerized audiences. The Kristina Fidelskaya Autumn / Winter 2021 collection is named ‘Bibi’ –  a subtle nod to “B.B”, a heroine of her time, a silver-screen icon, who’s enigmatic charisma captured the crowds, and who’s confidence inspired…

Extending the period of receiving applications challenge the agricultural future

 اعلنت مسرعة ” حصاد” HASSAD –المتخصصة بتسريع المشاريع التكنولوجية

Extending the period of receiving applications to challenge the agricultural future In a press statement today, Hassad clarified that the extension was to allow the largest number of Jordanian agricultural startups to participate in the challenge and to obtain an opportunity to better qualify for the global version of the competition. They also noted that agricultural leaders can submit their applications via the link https://facagro.com/compete/ The Future Agro Challenge aims to attract and qualify leading companies to solve food and agriculture challenges in order to improve the food system and…

Citadines Metro Central Dubai Launches a New Green Initiative

يطلق فندق سيتادينز مترو سنترال دبي مبادرة جديدة صديقة للبيئة

Citadines Metro Central Dubai Launches a New Green Initiative Part of the vibrant portfolio by leading international lodger owner-operators – The Ascott Limited, Citadines Metro Central Dubai has achieved yet another sustainable milestone with the introduction of 300 ‘Luve’ water bottles, that will replace the annually consumed 115,000 plastic bottles by the property. The water undergoes micron filtration and UV protection in a separate room within the property premises and is then carefully capped and sealed for guests’ safety and confidence. The property which is home to long and short…

Ajmal Perfumes celebrates seven-decade long legacy ’ with launch of ‘Amir One

أجمل للعطور تحتفل بسبعين عامًا من الخبرة بإطلاق عطرها الجديد “أمير وان”

Ajmal Perfumes celebrates seven-decade long legacy with launch of ‘Amir One’ The first fragrance in the new ‘Amir’ collection – ‘Amir One’ is an ode to Ajmal’s seven decades of heritage and craftsmanship in the art of oriental perfumery The signature fragrance is crafted by the CEO of Ajmal Perfumes, Mohd. Amiruddin Ajmal   Ajmal Perfumes, a brand with rich heritage and seven decades of craftsmanship in the intricate art of perfumery launches the new ‘Amir’ collection. The exclusive signature scent, ‘Amir One’ is crafted for connoisseurs, to complement their…

Banks and FinTech partnerships to bring about a paradigm shift in the future of banking industry

خبير مصرفي متخصص يحث على تعزيز الشراكات بين البنوك وشركات التكنولوجيا المالية

Banks and FinTech partnerships to bring about a paradigm shift in the future of banking industry UAE banking sector sees rapid growth in digitisation of services, sales channels and partnerships with FinTechs across the region  Digitisation has changed every sector, and the banking industry is no exception, leading several banks to reduce their physical footprint in an effort to bring more customer centric digital platforms to the forefront of their retail offering. This digitisation and transformation journey has led several global and local banks, brokers, insurers, and investment managers to opt…

FARHAN AKHTAR, MRUNAL THAKUR, RAKEYSH OMPRAKASH MEHRA AND RITESH SIDHWANI VIRTUALLY VISIT THE UAE FOR THE FIRST TIME FOR TOOFAAN !

زيارة افتراضية للمرة الأولى للإمارات لفريق عمل فيلم Toofaan

FARHAN AKHTAR, MRUNAL THAKUR, RAKEYSH OMPRAKASH MEHRA AND RITESH SIDHWANI VIRTUALLY VISIT THE UAE FOR THE FIRST TIME FOR TOOFAAN ! Ahead of the world premiere of the film Toofaan on Amazon Prime Video, the team hosts a special interaction with local media from Sharjah, Dubai and Abu Dhabi Presented by Amazon Prime Video, in association with Excel Entertainment and ROMP Pictures, Toofaan is produced by Ritesh Sidhwani, Rakeysh Omprakash Mehra and Farhan Akhtar Directed by Rakeysh Omprakash Mehra, the film features Farhan Akhtar as the protagonist alongside Mrunal Thakur,…