Abu Dhabi, UAE – 03 December 2025: The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has signed two Memorandums of Understanding (MoUs) with Abu Dhabi Islamic Bank (ADIB) to enhance cooperation in developing the endowment ecosystem, supporting its digital transformation, and facilitating the growth of sustainable endowment contributions within Abu Dhabi. The agreements were signed by Mohamed Abdelbary, Group Chief Executive Officer of ADIB, and H.E. Fahad Abdulqader Al Qassim, Director General of Awqaf Abu Dhabi, during an official ceremony held in Abu Dhabi. Through this partnership, Awqaf Abu Dhabi and ADIB are introducing
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Average account opening time reduced from 65 days to just five More than 3,000 new business bank accounts opened through DUL and more than 134,000 business profiles updated In total, over 900,000 DULs have been issued to businesses in Dubai since its rollout in 2023 Initiative advances goals of Dubai Economic Agenda, D33, and aligns […] Follow on Twitter @DubaiChronicle