ABU DHABI/WAM ADNOC Logistics and Services (ADNOC L&S) plc announced on Monday financial results for the first quarter (Q1) ending 31st March 2025. ADNOC L&S revenue for Q1 was $1,181 million (AED4,339 million), a 41 percent year-on-year increase. EBITDA rose by 20 percent to $344 million (AED1,262 million) in the same period, driven by robust performance across all business segments, ...

DUBAI/WAM The United Arab Emirates (UAE) has maintained its leading position among countries with “very high human development” climbing 11 spots globally in the 2025 Human Development Index (HDI) report issued by the United Nations Development Programme (UNDP), compared to its 2021–2022 ranking. The United Arab Emirates ranked 15th globally out of 193 countries covered by the report, outperforming nations ...

DUBAI / WAM Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it supported the establishment and expansion of 127 digital startups in the emirate during the first quarter of 2025. This represents a 135% increase compared to the same period last year, reflecting the chamber’s ongoing efforts to ...