Tuesday , 16 December 2025

Local News

AD Ports net profit climbs 53% to AED1.3bn in 2022

  Abu Dhabi / WAM AD Ports group on Wednesday announced its financial results for the 12 months ended December 31, 2022, reporting strong operational and financial performance, with revenue growth of 41 percent year-on-year (YoY) to AED5.5 billion (+23 percent year-on-year to AED4.8 billion organically). The group’s strong results were driven by the performance of its maritime and ports …

Read More »

Adnoc delivers Middle East’s first LNG cargo to Germany

  Abu Dhabi / WAM Adnoc and RWE Aktiengesellschaft (RWE) announced on Wednesday the successful delivery of the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany. Produced by Adnoc Gas at Das Island, Abu Dhabi, the shipment of 137,000 cubic meters of LNG is the commissioning …

Read More »

UAE, US discuss ways to further deepen partnership, cooperation

WASHINGTON, DC / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Antony Blinken, US Secretary of State, in Washington. They discussed ways to further broaden and deepen the strong US-UAE partnership, and cooperation in the fields of security, climate, trade exchange and investment. During the talks, the two sides highlighted …

Read More »

Emirates Relief Field hospital continues to provide medical care for Turkish quake victims

GAZIANTEP, Türkiye / WAM The Emirates Relief Field hospital continues to receive the injured and those affected by the recent earthquake in Türkiye. At the İslahiye district of Gaziantep, residents flock to the hospital that has a reception desk and various specialised departments for emergency, surgical operations, intensive care, dental care, CT, x-ray; and an outpatient clinic, laboratory and pharmacy. …

Read More »

Ben Hudson, David Harman named Q Properties CEO, CDO

  Abu Dhabi / Gulf Time “Q Holding”, Abu Dhabi’s major investment conglomerate, announced the appointment of two senior executives to lead its subsidiary, “Q Properties”, in its new phase of development. “Q” appointed Ben Hudson as the new Chief Executive Officer (CEO) and David Harman as the Chief Development Officer (CDO) of the group’s development arm, “Q Properties”, paving …

Read More »

Abu Dhabi powerboats to Kopiko for Formula 1 opening round

  Abu Dhabi / Gulf Time Abu Dhabi powerboat team’s star and Emirati champion Thani Al Qamzi is gearing up for a new season of “Formula 1 World Championship” to be held in the Indonesian city of Kopiko. The first round is scheduled to take place February 24- 26. Famously known as “The White Shark”, Thani Al Qamzi is preparing …

Read More »

20th Sharjah Heritage Days to welcome 42 countries

  Sharjah / Gulf Time The Sharjah Institute for Heritage (SIH) announced that the 20th Sharjah Heritage Days (SHD) will take place from March 1-21 under the slogan “Heritage and Creativity”. The event will be held in 12 cities of the emirate of Sharjah, with the participation of 42 Arab and foreign countries and 40 government agencies. The announcement came …

Read More »

Dubai Future Foundation unveils 50 new future opportunities at WGS 2023

  DUBAI / WAM Dubai Future Foundation launched the Future Opportunities Report: The Global 50 at the World Government Summit 2023, unveiling 50 promising opportunities across various sectors and ten global megatrends. The report was created alongside 30 international experts and highlights opportunities to overcome global challenges such as scientific advancement, economic growth, government work and social development. Mohammad Abdullah …

Read More »

‘ILO recognises UAE’s reforms to improve social protection’

  DUBAI / WAM Gilbert F Houngbo, the Director General of the International Labour Organisation (ILO), has welcomed the efforts made by the UAE to reform social protection and services, and hailed the country’s plans to embrace the technology needed to make these reforms come true. He highlighted in this regard the recent unemployment insurance scheme launched by the UAE …

Read More »

Adnic records net profit of AED377.9m in 2022

  Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) has reported its financial results for the full year ended on December 31, 2022, announcing a net profit of AED377.9 million. The company reported gross written premiums increased by 20.1% to AED5.13 billion, compared to AED4.27 billion for the same period in 2021. Adnic’s net underwriting income was AED490.9 …

Read More »