Category Archives: Business & Investments

ADNIC shareholders approve cash dividends of 47% at the Annual General Meeting

  • All agenda items were approved by shareholders, including distribution of a cash dividend of AED 0.47 per share.

Abu Dhabi, 12 March 2026: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 47% cash dividends (AED 0.47 per share, implying total cash dividends of AED 267.9 million) for the financial year ended 31 December 2025, after concluding its Annual General Meeting (AGM) today.

Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: “ADNIC delivered another year of strong performance in 2025, reflecting the resilience of our business model and disciplined growth strategy. Our results highlight our ability to create sustainable value while maintaining financial strength.

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Paymentology and Liabify Partner to Advance Embedded Finance and   Financial Wellness Across the GCC

Dubai, UAE – 12 March 2026Paymentology, the leading global issuer processor, today announced a strategic partnership with Liabify, a financial wellness platform focused on payroll-linked financial services. Together, the companies aim to expand access to responsible credit, earned wage access, and everyday financial tools for middle-income and expatriate workers across the GCC and other emerging markets.

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FAB shareholders approve record AED 8.84 billion cash dividendat Annual General Meeting

  • All AGM agenda items approved, including cash dividend of 80 fils per share for FY’25
  • Record dividend approval driven by strong growth across the franchise, with FAB delivering 24% year-on-year growth in FY’25 net profit to AED 21.11 billion
  • Performance reaffirms the Group’s ability to deliver robust returns at scale, with Return on Tangible Equity (RoTE) at 19.2% in FY’25, above medium-term guidance
  • FAB closed 2025 as the largest bank in the Middle East and Africa by total assets

Abu Dhabi, 11 March 2026: First Abu Dhabi Bank (FAB) held its Annual General Meeting (AGM) today virtually. All agenda items were reviewed and approved, including the distribution of AED 8.84 billion in cash dividends for the financial year ended 31 December 2025, representing 80 fils per share and the highest cash dividend in the Group’s history. Shareholders registered on March 23rd, 2026 (i.e., those purchasing shares on or before March 19th, 2026) will be eligible for the cash dividend.

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Hisense Middle East Leadership Reaffirms Commitment to Employees and Partners Across the Middle East

Dubai, UAE, March 11, 2026 – Hisense, a leading global brand in consumer electronics and home appliances, today reaffirmed its continued commitment to the Middle East and the people who drive its success across the region.

During this period, Hisense Middle East leadership, including President Jason Ou, remains actively on the ground engaging with employees and key partners across markets, reinforcing collaboration and ensuring the well-being of teams and stakeholders. Based at the regional headquarters in Dubai, the leadership team continues to work closely with partners and local teams to maintain strong coordination and support ongoing operations.

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Vertix Holdings reports strong portfolio growth, reaching AED1.6 billion in Assets Under Management (AUM)

Vertix Holding’s stellar performance – including a 57 percent growth – or AED580 million absolute increase in assets – reflects UAE’s robust economy and will go a long way to reinforce investor confidence in the UAE economy

Amer Al Ahbabi, Chairman of Vertix Holdings

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