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Bayanat reports AED113m revenues for Q1

ABU DHABI / WAM Bayanat, the ADX-listed public company and provider of AI-powered geospatial solutions, announced its results for Q1, reporting AED113 million in revenues, a 12% increase Year-over-Year. In a statement on Wednesday, the company said that revenue increased primarily due to the expansion of its market presence and its strong product range and service offerings. The company remains ...

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Saif bin Zayed inaugurates ‘Seamless Middle East 2024’

DUBAI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior inaugurated the conference and exhibition of digital economy technologies “Seamless Middle East 2024”. The event, held at the Dubai World Trade Centre until May 16, is sponsored by the League of Arab States and organised by the Arab Federation for ...

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Tabreed reports AED468mn revenues in first quarter

ABU DHABI / WAM Tabreed, the UAE’s international district cooling company, released its consolidated financial results for the first three months, recording revenue increase to AED468 million compared to AED464 million in Q1 2023. In a statement, the company announced that Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose to AED272 million, up from AED268 million during the same ...

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