Recent Posts

ADNOC L&S announces 31% increase in net profit in H1 2024

ABU DHABI/WAM ADNOC Logistics and Services today announced its second quarter and first half 2024 financial results. During H1 2024, ADNOC L&S recorded a net profit of $401 million (AED1,473 million), equating to $0.05 (AED0.20) per share, an increase of 31% on H1 2023. The company reported revenues of $1,740 million (AED6,390 million), up 42% from H1 2023. EBITDA rose ...

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DIFC, Ripple to accelerate adoption of Blockchain technology

DUBAI/WAM Ripple, a specialised enterprise in blockchain and crypto solutions, has announced plans to partner with DIFC Innovation Hub, the thriving innovation ecosystem of the Dubai International Financial Centre (DIFC) to accelerate blockchain and digital asset innovation in the UAE. The new partnership will connect the next generation of developers with the DIFC Innovation Hub, the largest innovation community in ...

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UAE President, VPs congratulate President of Côte d’Ivoire on Independence Day

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Alassane Ouattara of Côte d’Ivoire on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy ...

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