DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA achieved the lowest electricity Customer Minutes Lost (CML) in the world in 2024, recording just 0.94 minutes per customer. This breaks DEWA’s own record of 1.06 minutes per customer in 2023 and is significantly lower than the approximately 15 minutes ...

DUBAI / WAM The power of culture to revive cities in crisis was at the forefront of discussions at the World Governments Summit 2025, being held in Dubai under the theme ‘Shaping Future Governments’. During a session titled “Can Culture Revive a City in Crises?”, Sheikh Salem bin Khalid Al Qassimi, UAE Minister of Culture, and UNESCO Director-General Audrey Azoulay ...

ABU DHABI / WAM ADNOC Drilling Company PJSC announced on Thursday record financial results for the fourth quarter and full year ending on December 31, 2024. Full-year revenue reached AED14.70 billion (US$4.03 billion), an increase of 32 percent year-on-year. Full-year EBITDA amounted to AED7.41 billion (US$2.01 billion), an increase of 36 percent year-on-year, with a 50 percent margin. Full-year net ...