ABU DHABI / WAM Adnoc Drilling Company announced record first-quarter revenue and EBITDA for the period ending on March 31,2024. Adnoc Drilling has exceeded market expectations again this quarter, the third in a row, with revenue increasing to $886 million, up 24% year-on-year. The Offshore Jack-up and Oilfield Services (OFS) segments drove revenue growth, increasing 51% and 16% respectively year-on-year. …

ABU DHABI / AD MEDIA OFFICE Under the patronage of Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood (SCMC), Supreme Chairwoman of the Family Development Foundation (FDF) and the Mother of the Nation, Sheikha Fatima bint Hazza bin Zayed Al Nahyan, Chairwoman of the Board of …

DUBAI/GULF TIME In a significant move for advancing space technology and industry in the Middle East, Alpha MBM Investments, a private investment office of Sheikh Mohammed Bin Maktoum Bin Juma Al-Maktoum, a member of the Dubai Royal family, has made an investment of US$25 million in Aspace International Holdings Limited. This investment, made in March 2024 at a valuation of …