Recent Posts

Operation Chivalrous Knight 3 signs MoU to drill, equip potable water wells in Gaza

GAZA/ WAM As part of ongoing efforts to enhance essential services in the Gaza Strip, Operation Chivalrous Knight 3 has signed a Memorandum of Understanding (MoU) with the Coastal Municipalities Water Utility to implement a project for drilling and equipping potable water wells in the Strip. The initiative is part of broader efforts to improve infrastructure and ensure access to ...

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Museum of Future to host talks, workshops in May

DUBAI/ WAM The Museum of the Future has announced a new lineup of insightful talks and interactive workshops taking place throughout the month of May. Covering a diverse range of topics including the future of finance, regulation, governance and the future of wellness, these activations reflect the museum’s ongoing commitment to fostering innovation and serving as a dynamic hub for ...

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ADNOC Distribution reports $174 million net profit, with 16% y-o-y increase

ABU DHABI/ WAM ADNOC Distribution today reported record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth. For the first three months of 2025, ADNOC Distribution’s financial performance significantly exceeded analyst expectations. Net profit increased 16 percent year-on-year (y-o-y) to $174 million (AED639 million), with EBITDA increasing by 11 percent y-o-y to $275 million (AED1.01 billion), the ...

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