News

Air Arabia reports record Q2 net profit of AED459m, up 187%

SHARJAH / WAM Air Arabia, the Middle East & North Africa’s prominent low-cost carrier operator, on Friday reported a record second quarter and first half 2023 financial and operational results, as the airline continues to demonstrate remarkable performance and growth. Air Arabia registered a net profit of AED459 million during the second quarter ending on June 30, an increase of ...

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Adnic reports net profit of AED204.4mn in H1 2023

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) reported its financial results for the six-month period ended on June 30, recording a net profit of AED204.4 million. Commenting on Adnic’s performance, Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of Adnic, said, “Adnic has had a strong start to the year with an insurance revenue of AED2.14 billion. As we ...

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UAE sends 13 tonnes of food supplies to Chad as  humanitarian support

ABU DHABI / WAM The United Arab Emirates (UAE) sent an aid plane carrying 13 tonnes of food supplies to the Republic of Chad this morning to provide urgent humanitarian support for Sudanese refugees and the local community, especially the most vulnerable groups, including the sick, children, the elderly, and women. Sultan Al Shamsi, Assistant Minister for Development and International ...

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UAE leaders congratulate President of Chad on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Deby, Transitional Military Council Leader and President of Chad, on the occasion of his country’s Independence Day, observed on  August 11. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...

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Dewa qualifies youth to achieve bright and green future

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) is keen to empower and qualify the youth in order to achieve comprehensive and sustainable development and a bright and green future. On the occasion of International Youth Day, Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, “We invest in the youth energies and passion and provide them with ...

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Scad wins International Award for Excellence in Geospatial Applications

ABU DHABI / WAM The Statistics Centre — Abu Dhabi (SCAD) has been awarded the Special Achievement in GIS (SAG) Award at the Esri User Conference (Esri UC) in San Diego, California. The award was presented to SCAD for its outstanding use of geospatial artificial intelligence (GeoAI) to produce AI-driven predictive insights through advanced geospatial applications. In this context, SCAD ...

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Edge signs strategic pact with Brazil’s aero engine developer

ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, today signed a strategic agreement with Turbomachine, one of Brazil’s foremost turbine engine developers. Turbomachine specialises in research, innovation, and engineering and development of gas turbine engines and plasma assisted combustion solutions in the aerospace domain. The agreement will see Edge and Turbomachine work closely ...

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Sharjah committee drives preparations for 2023 FNC elections

SHARJAH / WAM The Committee for the 2023 Federal National Council (FNC) Elections in the emirate of Sharjah, which falls under the National Elections Committee, held a meeting to discuss the ongoing preparations for the upcoming FNC Elections in 2023. The meeting took place at the committee’s headquarters located within the Sharjah Consultative Council. During this meeting, led by Chairman ...

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Members of 2nd edition of ‘Young Arab Pioneers’ announced

ABU DHABI / WAM The Arab Youth Centre, under the leadership of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, has unveiled members of the second edition of the ‘Young Arab Pioneers’ initiative on International Youth Day. These members reflect honourably on Arab youth around the world through their accomplishments, leaving a positive mark in communities and fields such ...

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