Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), welcomed a high-level delegation from France’s satellite operator Eutelsat, headed by its CEO Eva Berneke. The delegation included Cyril Dujardin, General Manager of the Connectivity BU; Ghassan Murat, Head of Connectivity BU, Mena, Africa and Asia; and Hani El Arja, VP of Connectivity ...
Read More »Sharjah / WAM United Arab Bank PJSC (UAB) released its financial results for the year ending December 31, 2022, reporting a net profit of AED155 million. This represents a 120% increase from the AED70 million net profit recorded in 2021, driven by improved operating performance and lower expected credit losses, alongside disciplined cost control. UAB’s core businesses have made ...
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Abu Dhabi / WAM Edge group PJSC has taken a 70 percent stake in Abu Dhabi-based Gradeone that specialises in manufacturing non-lethal pyrotechnics, ammunition, defence-related components and packing solutions, as well as defence trading. Gradeone will join Edge under its Trading & Mission Support cluster. The announcement has come ahead of the International Defence Exhibition (Idex) to be held ...
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Gaziantep / WAM The UAE field hospital in Ä°slahiye, Gaziantep, Turkey, has provided urgent medical treatment and psychological support to 174 victims of the recent earthquake that struck Turkey and Syria. The hospital, located on a 40,000 square meter area, has 50 beds and four ICU beds, and has already performed three major surgeries while continuing its humanitarian efforts to ...
Read More »Dubai / WAM Held under the patronage of the UAE Ministry of Energy and Infrastructure, Breakbulk Middle East 2023 concluded its second and final day with a commitment to promote female participation in the industry, and an increased focus on attracting young minds. The 2023 edition of the region’s leading breakbulk and project cargo event witnessed a 94 per ...
Read More »Dubai / WAM Dubai Chambers has launched its own Innovation Week as part of UAE Innovates 2023, the government’s annual innovation festival. The Innovation Week included 13 events focused on promoting innovation through workshops, training, and educational discussions, with some sessions open to the public. Dubai Chambers’ aim was to create a culture of innovation among its employees and ...
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Abu Dhabi / WAM The Tawazun Council has announced its participation in the International Defense Exhibition and Conference (Idex 2023) and the Naval Defence Exhibition and Conference (Navdex 2023), which will be held from February 20-24 at the Abu Dhabi National Exhibition Centre (Adnec). Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the event ...
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Abu Dhabi / Gulf Time Following the success of Phase One and Phase Two of the Reem Hills luxury residential community on Al Reem Island, Abu Dhabi, Q Properties, a subsidiary of Q Holding, announced the launch of a new phase of the leading gated community in the heart of the capital. “This project was designed to embody our ...
Read More »Abu Dhabi / WAM The UAE has expressed its sincere condolences and solidarity with New Zealand for the victims of cyclone Gabrielle, which swept across the country and killed a number of people. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its sincere condolences and sympathy to the government of New Zealand, its people ...
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Abu Dhabi / WAM In 2022, the total written premiums for insurance firms listed in local financial markets increased on an annual basis by 13%, equivalent to AED3.34 billion while net profits reached AED1.52 billion. According to a report by the Emirates News Agency on the disclosures of 29 listed national insurance companies of their financial results on financial ...
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