Recent Posts

Adnic reports net profit of AED99.7mn in first quarter

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) has reported its financial results for the three-month period ending on March 31. The company reported an increased profit of 17.2% to AED99.7 million, compared to AED85.0 million for the same period in 2022. Adnic’s total insurance revenue stood at AED1.0 billion, compared to AED1.1 billion for the same period ...

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Sheikh Khaled bin Mohamed bin Zayed attends Annual Investment Meeting 2023

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the 12th Annual Investment Meeting (AIM Global 2023), being held in the emirate for the first time at the Abu Dhabi National Exhibition Centre (Adnec). During the visit to the event, which ...

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Adnoc-Baker Hughes ink deal to boost hydrogen tech innovation

ABU DHABI / WAM Adnoc and Baker Hughes announced on Wednesday an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, will see Adnoc collaborate with Baker Hughes as a strategic partner to ...

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