Dubai / WAM The Water, Energy, Technology and Environment Exhibition (Wetex) and Dubai Solar Show (DSS), organised by Dubai Electricity and Water Authority (Dewa), attracted 47,415 visitors in its 24th edition. 1,750 companies from 55 countries worldwide participated in the exhibition under the theme ‘At the Forefront of Sustainability.’ Wetex & DSS highlighted the latest global solutions, technologies and innovations ...
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Abu Dhabi / WAM Edge group has announced that it will participate in the Indo Defence Expo and Forum in Jakarta from November 2-5. As one of the world’s top 25 advanced technology groups for defence and beyond, Edge has seized the opportunity of exhibiting at a major international industry event to showcase its products and solutions to the Indonesian ...
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Dubai / WAM DP World Limited handled 59.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in nine months of 2022, with gross container volumes increasing by 2.0% year-on-year on a reported basis and up 2.5% on a like-for-like basis. On a Q3 2022 basis, DP World handled 20.1 million TEU, up 1.5% year-on-year and up ...
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Abu Dhabi / WAM The choice of Italy as the guest of honour at the Sharjah International Book Fair this year is an eloquent reflection of the interest the UAE people have in Italian culture, a top Italian diplomat told the Emirates News Agency (WAM). In an exclusive interview, Lorenzo Fanara, the new ambassador of Italy to the UAE, said ...
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Abu Dhabi / WAM International Holding Company (IHC) is scaling up its information technology businesses, as part of its long-term strategy to grow its capacity in the tech industry across different sectors. Accelerating the growth of its tech businesses portfolio, IHC has increased its technology deals by 100% compared to last year, crossing AED1 billion in the first 10 months. ...
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Abu Dhabi / WAM The Abu Dhabi Commercial Bank PJSC (ADCB) on Monday reported its financial results for the third quarter of 2022 (Q3 2022). Solid earnings growth as UAE economy remains resilient against challenging global backdrop. During Q3 2022 and compared to Q3 2021, the bank recorded a net profit of AED1.591 billion, an increase of 25%, a net ...
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Abu Dhabi / WAM Mubadala Investment Company (Mubadala) and KKR, a leading global investment firm, on Monday signed a strategic partnership that will see the two firms co-investing across performing private credit opportunities in the Asia Pacific (APAC) region. The partnership aims to deploy at least AED3.67 billion ($1 billion) of long-term capital, providing bespoke credit solutions to companies and sponsors. ...
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Abu Dhabi / WAM The UAE is the latest member state to join the Schools Meals Coalition (SMC), coming off the back of the ministerial meeting in Helsinki. The unfolding food crisis and resulting rise in food insecurity is leading to the new urgency to expand the coalition in all countries and to ensure that every child has the opportunity ...
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Abu Dhabi / WAM The UAE Pakistan Assistance Programme (UAE PAP) has announced the results of the UAE Polio Vaccination Campaign carried out in Pakistan from 2014 to the end of September, highlighting that the campaign succeeded in administering 647,758,365 doses of vaccination against polio in nine years in Pakistan. The move follows the directives of President His Highness Sheikh ...
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Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) on Monday announced its intention to proceed with an initial public offering (IPO) and to list a portion of its ordinary shares for trading on the Dubai Financial Market (DFM). In a press conference, Empower said that one billion (1,000,000,000) shares, each with a nominal value of AED0.10 (ten fils) will ...
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