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Jury panel for ‘Louvre Abu Dhabi Art Here 2023’ unveiled

ABU DHABI / WAM Louvre Abu Dhabi and Swiss watchmaking brand Richard Mille have revealed the jury for the third edition of their contemporary art exhibition Louvre Abu Dhabi Art Here 2023 and The Richard Mille Art Prize, as part of continuous support for the region’s burgeoning arts and cultural ecosystem by providing regional artists with a platform to showcase ...

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UAE Ministry of Culture & Youth launches new programme to support creatives with funding

ABU DHABI / WAM The UAE Ministry of Culture & Youth has launched the National Grant Programme for Culture and Creativity to strengthen the UAE’s commitment toits cultural and creative sectors, leveraging opportunities to invest in creative professionals who play an integral role in the nation’s collective efforts towards building a sustainable creative economy for future generations. The programme aims ...

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Burjeel’s H1 2023 net profit up 47% to reach AED225mn

ABU DHABI / WAM Burjeel Holdings today announced its financial results in accordance with International Financial Reporting Standards (IFRS) for the three-month and six-month period ended on June 30. The company reported a net profit of AED225 million, up 47.0% y-o-y, attributable to robust topline growth and significantly lower finance costs. Burjeel Holding reported revenue of AED2.2 billion, up 13.9% ...

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Ministry adopts UAE Pass across all its digital services

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has announced that customers and companies must now use UAE Pass to access the ministry’s digital services online and on smartphones. The move supports the government’s digital transformation drive and is in line with the objectives of ‘We the UAE 2031’ and the National Strategy for Industry and ...

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UAE calls for mobilising global action to tackle food insecurity

NEW YORK / WAM Noura Al Kaabi, Minister of State, called on the international community to take greater concerted action to overcome the challenge of food insecurity. Al Kaabi delivered the UAE’s statement during a United Nations Security Council open debate on “Famine and Conflict-Induced Global and Food Insecurity” convened by the United States and chaired by Antony Blinken, US ...

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Adnoc Drilling announces net profit of $446mn in H1 2023

ABU DHABI / WAM Adnoc Drilling Company on Friday announced financial results for the first half and second quarter of 2023. The company’s strategy of expanding both fleet and service offering has driven net profit to $446 million, a significant increase of 18% year-on-year during the first half of 2023. Adnoc Drilling’s first half revenue increased to $1.4 billion, up ...

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Globally, over 250mn people suffered acute hunger in 2022: UN

NEW YORK / WAM The threat of famine, with people slowly starving to death, must be considered a red line for international peace and security, the UN Famine Prevention and Response Coordinator, Reena Ghelani, said, warning that warring groups deliberately use hunger as a tactic of war. Globally, over 250 million people suffered acute hunger in 2022, the highest in ...

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Seha, Sanofi ink agreement to advance rare disease diagnostics

ABU DHABI / WAM The Abu Dhabi Health Services Company (Seha), a subsidiary of PureHealth, and Sanofi, have entered into a collaboration agreement, to enhance diagnostic performance and accuracy in the field of rare diseases. The agreement will particularly focus on expediting the screening process for lysosomal storage disorders (LSDs) and reducing the average diagnostic journey for rare disease patients. ...

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Adnoc to acquire 30% equity stake in Absheron gas field

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies on Friday announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea. Adnoc’s investment into the Caspian region aims to create a substantial growth position as it ...

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