News

ABU DHABI/ WAM ADNOC Gas plc (ADNOC Gas), a world-class integrated gas processing company, today announced its financial results for the three months and nine months ended September 30, 2023 (Q3 2023 and 9M 2023). ADNOC Gas continued to deliver robust financial and operational performance in a volatile market environment marked by consumer and geo-political pressures. The Company’s Q3 2023 ...

ABU DHABI/ WAM AD Ports Group today announced its financial results for the third quarter of 2023, reporting revenue growth of 189% YoY to AED 4.24 billion, which included the effect of MA activity and notably Noatum’s Logistics, Maritime, and Ports businesses. Revenue growth reached 113% YoY on a LFL basis, excluding effect from MA activity. Four of the five ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, over the death of Prince Yazeed bin Saud bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, over the death of Prince Saud bin Mohammed bin Fahd bin Mohammed Al Abdulrahman Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

DUBAI / WAM Dubai Taxi Company announced on Monday its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). In a statement on Monday, the company said that 624,750,000 shares, each with a nominal value of AED0.04, will be made available in the offering, representing 24.99% ...

ABU DHABI / WAM Tuna Gulenc, Vice President of Japan’s Daikin Middle East Africa, said that the UAE is continuing its global efforts to radically change the course of climate action and pave the way for a sustainable future by hosting COP28. In statements to the Emirates News Agency (WAM), Gulenc added that COP28 will come up with the first-ever ...

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) listed successfully its US$500 million green sukuk, the world’s first dollar denominated green sukuk, on London Stock Exchange’s International Securities Market and Sustainable Bond Market. London Stock Exchange’s has welcome ADIB’s listing, as the world’s first dollar denominated green sukuk. This follows the bank’s recent successful listing of US$750 million AT1 perpetual ...

DUBAI/ WAM Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced signing of 9 deals with local and international companies on day 1 of the Dubai Airshow 2023. The announcement was made during a press conference held in the presence of Zayed Saeed Al Meraikhi ...

DUBAI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, received delegations attending the 18th edition of Dubai Airshow, the world’s premier event for the aerospace, ...

ABU DHABI /WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed Yoweri Museveni, President of the Republic of Uganda, who is on a working visit to the UAE lasting several days. During the meeting at Qasr Al Shati in Abu Dhabi, His Highness conveyed his best wishes for a successful visit, aiming to enhance relations between the ...