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ABU DHABI / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Thursday that its shareholders have approved all agenda items, including an amendment to its 2023 dividend policy at its Annual General Assembly Meeting. The company’s strong 2022 results, with robust and continued growth, have enabled the setting of an attractive dividend policy with a minimum ...

DUBAI / WAM DP World Limited has announced strong financial results for the year ended on December 31 2022. On a reported basis, revenue grew 58.9% to AED62,89 billion ($17,127 million). The Earnings Before Interest, Taxes, Depreciation, and Amortisation (Ebitda) grew 31% to AED18,41 billion ($5,014 million) with adjusted Ebitda margin of 29.3%. In a statement to Emirates News Agency ...

ABU DHABI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, held its first Board of Directors meeting in 2023, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board at the company’s headquarters in Dubai. The meeting discussed broader alignment to the initiatives outlined under the “We in the UAE 2031” ...

DUBAI / WAM The Dubai International Humanitarian Aid and DevelopmentConference and Exhibition (Dihad 2023) concluded its 19th edition yesterday under the theme: “Energy and Aid, Capitalising on Available Resources.” More than 828 leading local and international humanitarian NGOs, charities, aid suppliers, and many more gathered at the Dubai World Trade Centre (DWTC) for three days to discuss solutions for critical ...

DUBAI / GULF TIME The distinctive livery of the world’s largest international airline, Emirates, has undergone a refresh. Sir Tim Clark, President Emirates Airline said: “Aircraft livery is the most instantly recognisable brand real estate for any airline. It’s a visual representation of our unique identity, something we wear proudly, and display in all the cities we fly to around ...

DUBAI / GULF TIME Capital Club Dubai will be celebrating its 15th anniversary on March 17, 2023 as the region’s sole private business club. This remarkable milestone is a testament to the club’s commitment to providing its members with exceptional services, experiences, and networking opportunities over the years. Supported by prestigious names such as Rocco Forte Hotels, Citi, and IRAM ...

Madiha Bee That’s right, I said it. Don’t get me wrong, I’m a woman who loves being a woman, who has coached hundreds of women, and of course, who loves being celebrated— but the reason I say “no” to women’s day (cheekily) is because for me, every day is women’s day. And trust me, I have a robust argument for ...

DUBAI / GULF TIME Established in 2020, Flick Global, helmed by its CEO & young visionary Mohamad Mardini, is a leading Media Production Company that is geared toward a new kind of media content for conventional & digital platforms. Mardini, along with the Flick Global team, sets the bar high for creating content that is relevant and true in this ...

NEW YORK / WAM The Secretary-General of the United Nations (UN), António Guterres, has emphasised that Islam’s message of peace, compassion, and grace has inspired people worldwide for over a millennium. In his statement on the International Day to Combat Islamophobia, which is observed on March 15, Guterres called for attention and action to eliminate the poison of anti-Muslim hatred. ...

ABU DHABI / WAM AD Ports group signed on Wednesday a head of Terms (HoT) with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire. Under the HoT, AD Ports group has the exclusive right to invest in the development, operation, and management of the “New ...