ABU DHABI/WAM Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has announced exceptional financial results for 2024, surpassing the $1 billion milestone for the first time in its history. The company reported AED4.92 billion ($1.34 billion) in revenue, a 40 percent increase from AED3.4 billion ($925 million) ...
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UAE leaders congratulate President of Mauritius on Independence Day
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Dharambeer Gokhool of Mauritius 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 Zayed ...
Read More »EPA strengthens UAE’s presence at London Book Fair
SHARJAH/WAM The Emirates Publishers Association (EPA) continues to broaden its global presence with a prominent participation at the London Book Fair, one of the world’s leading platforms for rights negotiation, content sales, and distribution across various formats. This year, the EPA delegation features a distinguished group of seven Emirati publishers, including two Sharjah Publishing Sustainability Fund (Onshur) graduates. This participation ...
Read More »Hamdan bin Mohammed receives Ramadan well-wishers
DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, today received Ramadan well-wishers including Directors-General and senior officials of government entities at his Majlis in Nad Al Sheba, Dubai. H.H. Sheikh Hamdan exchanged Ramadan greetings with attendees and reflected on ...
Read More »Borouge shareholders get annual dividend yield of 6.7%
ABU DHABI / AD MEDIA OFFICE The annual dividend for Borouge, part of ADNOC Group (ADNOC), has reached 6.7 per cent based on the closing price on March 7 2025, offering strong investor returns and reinforcing the company’s attractive dividend profile. Borouge’s financial results for 2024 underline the petrochemicals company’s resilience and profitability, with net earnings of AED4.5 billion ($1.24 ...
Read More »Space42, Viasat partner to explore shared global 5G NTN initiative
ABU DHABI/WAM Space42, and Viasat, Inc signed a memorandum of understanding to explore ecosystem partnership options for developing a 5G Non-Terrestrial Network (NTN) initiative. This collaboration between Space42 and Viasat is a major step towards expanding global satellite connectivity, enabling both companies to address the growing opportunities in direct-to-device (D2D) satellite communications to smartphones, narrowband Internet of Things (NB-IoT), as ...
Read More »MOCCAE, UOS forge alliance for sustainable future
SHARJAH/WAM In a concerted effort to enhance the nation’s environmental resilience, the Ministry of Climate Change and Environment (MOCCAE) and the University of Sharjah (UOS) have signed a landmark memorandum of understanding (MoU), heralding a new era of collaboration. The memorandum, executed at the university;s Sharjah campus, seeks to seamlessly integrate the ministry’s policy initiatives with the university’s formidable scientific ...
Read More »Abdullah bin Zayed meets French FM in Paris to strengthen strategic relations
PARIS/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Jean-Noël Barrot, Minister for Europe and Foreign Affairs of France. During the meeting, which took place as part of His Highness’ official visit to Paris, the two top diplomats focused on the strategic relations between the UAE and France and ways to ...
Read More »Yalla Group reports record revenues of AED1.2 billion in 2024
DUBAI/WAM Yalla Group Limited reported full-year revenue of AED1.2 billion ($339.7 million), a significant increase of 6.5 percent from AED1.1 billion in 2023. This follows a solid fourth-quarter performance with revenue climbing 12.2 percent year-over-year to AED333.5 million ($90.8 million), reflecting continued growth in user engagement and monetisation efforts. Net income for the quarter rose 9.7 percent to AED119.4 million ...
Read More »Erth Zayed Philanthropies unveils official emblem for Zayed Humanitarian Day
ABU DHABI/ WAM Erth Zayed Philanthropies, along with The Founder’s Office, has unveiled the official emblem for Zayed Humanitarian Day, replacing the previous one as a symbol of its renewed commitment to preserving the profound humanitarian legacy of the late Sheikh Zayed bin Sultan Al Nahyan. Zayed Humanitarian Day unites communities in the spirit of giving, carrying forward the Founding ...
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