Hamad Salem Mohamed Al Ameri News Today

ADQ, an Abu Dhabi-based investment and holding company, has announced that it has joined hands with top investment group Alpha Dhabi, UAE telco giant Etisalat and First Abu Dhabi Bank (FAB) to launch a new digital banking platform, Wio.

ABU DHABI, 11th February, 2022 (WAM) -- ADQ, an Abu Dhabi-based investment and holding company, today announced that the Central Bank of the UAE had granted in-principle approval to launch a new digital banking platform, which will be called "Wio". With its headquarters in Abu Dhabi, Wio will enhance the capital's growing reputation as a global financial services centre at the leading edge of digital banking. Led by FinTech experts, banking professionals and technology specialists,...

Wio will be the newest digital-only banking entity created in UAE

The next generation banking platform is set to unleash the power of the UAE's digital economy

Alpha Dhabi had earlier raised its stake in Aldar Properties to a near 30%

Page Not Found | ZAWYA MENA Edition

ABU DHABI, 3rd January, 2022 (WAM) -- Alpha Dhabi Holding (ADH) has announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8 percent, making it one of the largest shareholders, said an ADH statement on Monday. Commenting on the announcement, Hamad Salem Mohamed Al Ameri, Managing Director and CEO of Alpha Dhabi Holding, said, "The real estate sector has been witnessing...

UAE-based conglomerate Alpha Dhabi Holding has acquired an additional 17 per cent shareholding of Aldar Properties, a leading UAE real estate developer, thus making it one of the largest shareholders in the company with a 29.8 per cent stake.

The stake was sold for an estimated Dh5.5 billion

Page Not Found | ZAWYA MENA Edition