People usually ask, “Is there Salik in Abu Dhabi?”. The answer is yes. However, the Salik equivalent in Abu Dhabi is called DARB. Similar to the Salik system in Dubai and part of the greaterDARB Abu Dhabi, this is an automated road toll system. DARB/Darb or Salik Abu Dhabi is an...
UAE: Abu Dhabi Islamic Bank has appointed Mohamed Elsayed Abdelbary as its new group CEO, effective the 30th October 2024. Prior to this, Mohamed served as the acting CEO of the group.
Registration fees are AED 5,000 or AED 7,500, plus license fees of AED 15,000 to AED 50,000 (depending on the type of license – service, manufacturing or trade). Abu Dhabi Airport Business City’s Services Dedicated personnel working at the One-stop-shop provide clients with the full ...
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foreign investor with absolute share in his business wherein Mr. Isa Ahmed was his local sponsor. To substantiate this status of the petitioner, the true copy of the trade license, including the Municipal and the Chamber of Commerce of Abu Dhabi (Arabic & English) is produced as‘Exhibit No...
Abu Dhabi’s Global Market (ADGM), an international financial center in the capital city of the United Arab Emirates, has joined forces with the Solana Foundation to drive advancements in blockchain innovation. The collaboration that wasformalizedthrough a memorandum of understanding (MoU) aims to ...
UAE: Nasser Abdulla Al-Awadhi has taken the reins at Abu Dhabi Islamic Bank (ADIB) as the new group CEO, Arab News reported. Nasser joins the bank with 33 years of experience in banking and Islamic finance, fresh off his stint at Dubai Islamic Bank where he served as the group chief ...
EGYPT: Abu Dhabi Islamic Bank-Egypt has reported in a bourse filing its net profit at EGP230,352 (US$14,558.2) for the period ending the 31st March 2020. This is a decrease from the same period in 2019, which showed a net profit of EGP279,444 (US$17,660.
Jubail Island Investment Company (JIIC), the developer of the upcoming luxury project Jubail Island, which is expected to be an idyllic collection of villages located in Abu Dhabi designed to appeal to wellness and nature enthusiasts, has turned to Islamic finance for its funding needs. NESSREEN...
UAE: Abu Dhabi’s Department of Finance has partnered with Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank and First Abu Dhabi Bank to expand the SME Credit Guarantee Scheme, reported The National. The scheme, 80% of which is guaranteed by the government, provides SMEs with renewable ...