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 ...
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Adnec Services opens its new office in Dubai
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. ...
Read More »Added, Ades to boost electricity, water consumption efficiencies
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 ...
Read More »UAE, Paraguay to boost parliamentary ties, cooperation
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, ...
Read More »UAE, Canada to cooperate on culture and creativity
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 ...
Read More »UAE reports 2,301 new recoveries from Covid-19
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. ...
Read More »Expo 2020: Dewa provides 88,000 KWh of electricity to EVs
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 ...
Read More »UAE is taking seriously threat of financial crime: Sheikh Abdullah
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 ...
Read More »Aldar’s net profit grows 21% to reach AED2.33bn in 2021
Abu Dhabi / WAM Aldar Properties (Aldar) on Wednesday announced its preliminary financial results for the full year of 2021, reporting revenues of AED8.58 billion, up 2 percent year-on-year, a gross profit of AED3.60 billion, up 21 percent year-on-year, and a net profit of AED2.33 billion, up 21 percent year-on-year, highlighting the resilience of Aldar’s diversified business model. Aldar ...
Read More »WAM signs deals with four LatAm, Caribbean media firms
Dubai / WAM As part of its endeavours to strengthen its global presence as a trusted multi-lingual news provider, the Emirates News Agency (WAM) signed agreements for cooperation and news exchange with four leading TV and radio stations in Latin America and the Caribbean region. In a ceremony hosted by the Youth Pavilion at Expo 2020 Dubai, WAM signed the ...
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