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ABU DHABI / WAM Adnoc Distribution announced robust Q1 financial results, reporting an 18% year-on-year increase in its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) to $248 million, demonstrating that the company remains firmly on track to achieving the goals outlined in its new five-year strategy. The progress follows sustained momentum in both fuel and non-fuel retail segments in ...

ABU DHABI / WAM The Presidential Court has mourned Sheikh Hazza bin Sultan bin Zayed Al Nahyan, who passed away on Thursday. In its statement, the Presidential Court extended heartfelt condolences and sympathies on the death of Sheikh Hazza bin Sultan bin Zayed Al Nahyan, praying to Allah Almighty to shower the deceased with His vast mercy, grant him eternal ...

ABU DHABI / WAM The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, and Iberdrola, a world-leading clean energy company. Working in partnership with Vestas, the remaining wind turbines will be transported ...

DUBAI / WAM The Dubai Department of Economy and Tourism (DET) and Emirates have signed a strategic partnership outlining joint initiatives to intensify international efforts and bolster Dubai’s mindshare as a hub for trade, tourism and investment. Building on both entities’ long-standing partnership and success in tourism promotion, this latest development underlines their respective commitment to achieving the goals of ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have signed a future-forward memorandum of understanding with Skyports Infrastructure (Skyports), the company leading the development of vertiport infrastructure for electric air taxi services. Marking the beginning of a partnership that will pioneer sustainable tourism through electric air mobility, this MoU ...

KUWAIT / WAM Abu Dhabi Fund for Development (ADFD) participated in the two-day Arab-DAC Dialogue in Kuwait, a platform dedicated to boosting development finance and cooperation to address evolving global challenges. This year’s event aimed to improve the quantity and quality of development finance and cooperation across diverse needs by focusing on two broader themes: financing for sustainable development in ...

ABU DHABI / WAM Adnoc announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from Adnoc’s lower-carbon Ruwais LNG project, currently ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan in his capacity as the Ruler of Abu Dhabi, has issued an Emiri Decree appointing Mohamed Saeed Al Qubaisi as Director-General of the Integrity and Anti-Corruption Sector at Abu Dhabi Accountability Authority. His Highness has also issued an Emiri Decree appointing Wael Abdulqader Mahmoud as Director-General ...

DUBAI/ WAM The 2nd edition of the Dubai FinTech Summit (DFS) successfully concluded with announcement that the 3rd edition of the Summit will be held on May 7—8, 2025. Organised by the Dubai International Financial Centre (DIFC), the Summit was held under the patronage of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime ...

ABU DHABI / AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) – Abu Dhabi has launched Abu Dhabi Dark Sky Policy that aims to preserve the night sky and foster a sustainable future for communities throughout the emirate. As part of the endeavour’s roll out, an extensive awareness campaign will be launched under the theme Discover the Beauty ...