News

  Bloomberg Manufacturers across the euro area are getting more worried about the economic outlook. The industrial confidence, a gauge compiled by the European Commission, dropped to a 17-month low this month and fears of energy shortages and never-ending supply chain disruptions are weighing heavily on the sector. Of the major four economies, only the readings for Germany were above ...

  ABU DHABI / WAM In line with the emirate’s commitment to adopting international best practices and making healthcare services further accessible to all community members, the Department of Health – Abu Dhabi (DoH), announced that Covid-19 vaccines and PCR tests will be available in pharmacies.. Covid-19 vaccines will be provided free of charge and the PCR tests will be ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Friday announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni. The discovery from a new deeper reservoir indicates between 1 – 1.5 trillion standard cubic feet (TSCF) of raw gas in place. This ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri year 1444. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and dignity and glory for Arab ...

  Abu Dhabi / WAM Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of AED7.9 billion, up significantly from the corresponding period last year of AED1.7 billion. Revenues for the group saw positive contributions and cross sector growth across its verticals year-on-year. On a half yearly basis, the group ...

DUBAI / WAM Dubai’s real estate market recorded a total of 8,897 sales transactions worth AED22.75 billion, the highest volume of sales transactions for the month of June in the past nine years, according to Mo’asher, Dubai’s official sales price and rental performance index. The month of June witnessed a 34 percent increase in terms of volume and a 24.8 ...

  DUBAI / WAM Commercial Bank International (CBI) has announced its second quarter 2022 financial results, with net profit increasing by 67% from AED20.6 million in Q1 2022 to AED34.4 million in Q2 2022. The operating profit increased by 82% from AED40.3 million to AED73.2 million, a bank statement said. Net operating income increased by 42%, from AED110.8 million to ...

  Dubai / WAM The Dubai Financial Market (DFM) has announced its consolidated financial results for the first half of the year ended June 30, posting a 63% increase in its net profit to AED63.4 million compared to AED38.8 million during the corresponding period of 2021. The net profit of the second quarter of 2022 increased by 134% to AED35.9 ...

  Abu Dhabi / WAM In line with the emirate’s commitment to adopting international best practices and making healthcare services further accessible to all community members, the Department of Health – Abu Dhabi (DoH), announced that Covid-19 vaccines and PCR tests will be available in pharmacies.. Covid-19 vaccines will be provided free of charge and the PCR tests will be ...

  ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) has received a delegation from the Department of Statistics and Community Development – Sharjah (DSCD) headed by Sheikh Mohammed bin Humaid Al Qasimi, Chairman of the Department, and Sheikh Sultan bin Abdullah bin Salem Al Qasimi, Director of the Department, to discuss means of cooperation. During the visit, the ...