Recent Posts

UAE leaders greet Arab and Islamic nations on Ramadan

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent congratulatory messages to the Kings, Emirs and Presidents of Arab and Islamic nations, on the advent of the Holy Month of Ramadan. In his messages, President His Highness Sheikh Khalifa wished the leaders and their people continued good health and well-being, and further progress and ...

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Adnoc Distribution posts 12.1% growth in Q1 profit

ABU DHABI / WAM Adnoc Distribution released its financial results for the first quarter of 2018, with strong double-digit growth in net profit and EBITDA as well as impressive growth in gross profit in its convenience store business. Gross profit for the period increased 14.3% compared to the same period last year to AED1.185 billion, EBITDA has grown 24.9% to ...

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ADFD-funded residential, infra project inaugurated in Bahrain

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) attended inauguration of the Northern City Residential and Infrastructure Project, one of the key strategic projects in Bahrain. ADFD has allocated AED 2.6 billion towards the development of the project. The Northern City Residential and Infrastructure Project has been developed as part of AED9.175-billion grant provided by the UAE to ...

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