DUBAI / WAM The Abu Dhabi Fund for Development (ADFD) participated in the World Governments Summit (WGS) in Dubai as a strategic partner. The three-day event, which took place from February 12-14 under the theme of “Shaping Future Governments”, served as a global platform uniting government leaders, thinkers, experts, and decision-makers to exchange insights, anticipate the future, and leverage innovation ...

ABU DHABI / WAM The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a memorandum of understanding (MoU), setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data centre projects in India. The memorandum marks ...

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, on Wednesday reported Q4 2023 revenue of $646 million, adjusted EBITDA of $289 million, and adjusted net profit of $103 million. Fertiglobe’s full-year 2023 revenues and adjusted EBITDA were $2,416 million and $1,004 million, respectively, with adjusted net profit of $363 million. Fertiglobe achieved 23% growth in ...