News

Bayanat reports AED113m revenues for Q1

ABU DHABI / WAM Bayanat, the ADX-listed public company and provider of AI-powered geospatial solutions, announced its results for Q1, reporting AED113 million in revenues, a 12% increase Year-over-Year. In a statement on Wednesday, the company said that revenue increased primarily due to the expansion of its market presence and its strong product range and service offerings. The company remains ...

Read More »

Saif bin Zayed inaugurates ‘Seamless Middle East 2024’

DUBAI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior inaugurated the conference and exhibition of digital economy technologies “Seamless Middle East 2024”. The event, held at the Dubai World Trade Centre until May 16, is sponsored by the League of Arab States and organised by the Arab Federation for ...

Read More »

Tabreed reports AED468mn revenues in first quarter

ABU DHABI / WAM Tabreed, the UAE’s international district cooling company, released its consolidated financial results for the first three months, recording revenue increase to AED468 million compared to AED464 million in Q1 2023. In a statement, the company announced that Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose to AED272 million, up from AED268 million during the same ...

Read More »

UAE leaders congratulate President of Paraguay on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Santiago Pena of Paraguay on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

Read More »

UAE-based DP World enhances European trade with €130m investment in Romania

BUCHAREST / WAM DP World on Wednesday opened three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65 million investment: a 5-hectares ...

Read More »

Thuraya unveils next generation ‘IP NEO’ terminal

ABU DHABI/ WAM Thuraya Telecommunications Company, the mobile satellite services subsidiary of Al Yah Satellite Communications Company, has announced IP NEO, the first in a new family of next-generation satellite communications products packed with advanced features and technology. The state-of-the-art IP NEO has been designed to deliver powerful simultaneous voice and data transfer capabilities making it the ideal product for ...

Read More »

Emaar’s property sales grow 47%, totalling AED13.5b in Q1

DUBAI / WAM Emaar Properties PJSC has released its financial results for the first quarter of 2024, showcasing consistent resilient performance and operational efficiency across its various businesses. Emaar achieved its highest ever quarterly group property sales in Q1 2024, totalling AED13.5 billion ($3.7 billion), reflecting a robust 47 percent growth compared to Q1 2023. Emaar recorded revenues of AED6.7 ...

Read More »

Expo 2020 Dubai Museum to open to public on May 18

DUBAI / WAM Expo City Dubai announced the public opening of the Expo 2020 Dubai Museum on Saturday, May 18, coinciding with International Museum Day. Marking the occasion, Expo City invited all visitors from May 18-19 to enjoy complimentary, combined entry to the new museum and the city’s three Stories of Nations exhibitions, and is offering a 50 percent discount ...

Read More »

DCAA spotlights air transport enablement at Airport Show 2024

DUBAI / WAM The Dubai Civil Aviation Authority (DCAA) has highlighted its pivotal role in advancing the aviation industry and related activities in the emirate during the 23rd edition of the Airport Show. Under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of ...

Read More »

Dewa is Sustainability Strategic Partner of AMF’s 22nd edition

DUBAI / WAM The Dubai Press Club (DPC), organiser of the Arab Media Forum (AMF), on Wednesday announced that the Dubai Electricity and Water Authority (DEWA), is the Sustainability Strategic Partner of the 22nd edition of the event. Organised under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the ...

Read More »
Send this to a friend