ABU DHABI / WAM ADNOC Logistics and Services plc (ADNOC L&S) on Tuesday reported record-breaking second-quarter (Q2) and first-half (H1) results for 2025, surpassing market expectations and demonstrating resilience and operational strength in a volatile market. ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1,258 million (AED4,618 million) with EBITDA growing 31 percent YoY to $400 million …
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ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to the social media platform X to extend his message on the occasion of International Youth Day, which is celebrated all over the world on August 12 every year. His Highness Sheikh Mohamed said, “On International Youth Day, we celebrate the ambition and achievements …
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DUBAI / GULF TIME Barcelona’s real estate market continues to attract global interest, with over €4.5 billion invested annually in property transactions and a renovation sector valued at more than €20 billion across Spain—a significant portion concentrated in Catalonia, home to one of Europe’s richest architectural legacies. Against this backdrop, Andalusia Group, one of Dubai’s leading development firms, has announced …
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ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Déby Itno, President of the Republic of Chad, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin …
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ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Civil Defence Authority has signed a cooperation agreement with the Advanced Technology Research Council, with the aim of fostering collaboration in the fields of artificial intelligence, developing integrated strategies and training specialised national talent, and advancing safety and civil protection in Abu Dhabi to ensure its long-term sustainability. The agreement was …
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ABU DHABI / WAM Analysts from all 16 major international financial institutions that cover ADNOC Logistics & Services are maintaining “STRONG BUY” or “BUY” recommendations on the Company’s shares, citing a robust balance sheet, global expansion, and the strong history of and outlook for earnings growth. The recommendations are a strong endorsement of the Company’s successful execution of its transformational …
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ABU DHABI / WAM Abu Dhabi’s artificial intelligence (AI) sector is undergoing an extraordinary acceleration, positioning the emirate as a global epicentre of AI innovation and growth. According to data published by the Abu Dhabi Chamber, the emirate, with 673 AI companies, has experienced a 61 percent increase in the AI sector between June 2023 to June 2024. Globally, there …
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DUBAI / WAM Dubai Centre for Artificial Intelligence (DCAI) is now accepting applications for the second cycle of its “Future of AI in Government Services Accelerator” programme, inviting both local and international tech innovators and AI companies to collaborate with government entities on innovative solutions that harness AI to enhance public services across Dubai. Launched by DCAI in partnership …
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ABU DHABI / WAM The United Arab Emirates (UAE) stands with the Sudanese people in their pursuit of peace, stability, and a dignified future. Since the onset of the civil war, the UAE has consistently supported regional and international efforts to achieve an immediate ceasefire, protect civilians, and ensure accountability for violations committed by all warring parties. The UAE remains …
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ABU DHABI / WAM The UAE continues to strengthen its leading position on the global digital transformation map, driven by a forward-looking vision and ambitious national policies that have made digital innovation a cornerstone of sustainable development and economic competitiveness. Public and private institutions are adopting policies that place people first, viewing them as both the beneficiaries and leaders of …
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