News

  Sharjah / WAM Dana Gas, the Middle East’s largest regional private sector natural gas company, announced its preliminary unaudited financial results for the full year ended December 31, 2021. The company achieved a net profit of AED1.16 billion in 2021. The increase was primarily due to higher oil prices, improved operational performance, and income. Revenue increased 30% to AED1.65 ...

  DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Industry, Trade and Tourism (MITT) signed a memorandum of understanding (MoU) to boost cooperation in the field of industry and advanced technology across multiple sectors. The MoU aims to establish a framework that will facilitate and enhance the UAE and Spain’s industrial cooperation. ...

  ABU DHABI / WAM Agthia Group announced preliminary and unaudited results for the fiscal year ending December 31, 2021. The group posted AED216 million in net profit and net revenues of over AED3 billion. Agthia grew its revenues by 49 percent year-on-year following strong growth in the protein and snacking segments through acquisitions that have since been consolidated under ...

  Abu Dhabi / WAM Adnec Services, part of Abu Dhabi National Exhibitions Company Group (Adnec), has opened an office in Dubai. The new office will reach a broader range of potential partners and clients. Adnec Services supports some of the region’s prominent events and aims to reach new business opportunities and support existing clients with the new office opening. ...

  Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) and Abu Dhabi Energy Services (Ades), the energy services market maker of the emirate of Abu Dhabi, announced a cooperation agreement to enhance electricity and water consumption efficiency of industrial facilities in the emirate. The agreement will allow Ades to explore potential opportunities to reduce electricity and ...

  DUBAI / WAM Hamad Ahmed Al Rahoumi, First Deputy Speaker of the Federal National Council (FNC), on Thursday met Oscar Salomon, President of the Senate of Paraguay, at the FNC Secretariat’s headquarters. Saeed Rashid Al Abedi, Vice Chairman of the Emirati-Latin American and North American Parliaments Friendship Committee of the FNC, Mariam Majid bin Thaniya, Member of the Committee, ...

  Abu Dhabi / WAM The UAE and Canada have issued a joint statement for greater cooperation in the field of cultural and creative sector to enrich the creative economy ecosystem in the two countries. The announcement came at the end of a bilateral meeting, at Ministry of Culture and Youth – Abu Dhabi, between Mubarak Al Nakhi, Under-Secretary of ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 527,913 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

  DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa’s) EV Green Charger stations at Expo 2020 Dubai have provided 87,772 kilowatt-hours (KWh) of electricity for the electric vehicles (EV) of visitors to the exhibition during its first three months, with 3,681 charging transactions. This helped visitors travel approximately 415,000 kilometres in eco-friendly vehicles. Dewa provided Expo 2020 visitors with ...

  Abu Dhabi / WAM The UAE is embarking on ambitious growth-focused reforms aimed at improving the ease of doing business, attracting foreign investors, creating jobs and diversifying the economy away from oil, said HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. He added that the country is also committed to combating the threat ...