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Tecom Q1 net profit up 34% to AED255 million

Dubai / WAM Tecom group PJSC, (the group), the creator of specialised business districts and vibrant communities, on Wednesday announced its financial results for its fiscal 2023 first quarter ended on March 31. The group delivered a strong financial and operational performance, reporting a 6% year-on-year (YoY) increase in revenues to AED514 million and a 34% YoY increase in net ...

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Edge to showcase tech, defence solutions at Defea 2023

ABU DHABI / WAM Edge, one of the world’s leading and fastest-growing advanced technology and defence groups, will be participating for the first time at Defea 2023, which will take place in Athens, Greece, from May 9-11. The group will showcase its diverse product portfolio, with a clear focus on autonomous systems and smart weapons, highlighting Edge’s technologically advanced defence ...

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UAE increases ranking in UN’s technology, innovation report

ABU DHABI / WAM The UAE has climbed five places in the annual United Nations’ Technology and Innovation Report, which ranks countries according to their readiness to use, adopt and adapt a range of frontier advanced technologies with a focus on green innovation. The UAE was ranked 37th in the 2023 edition, titled ‘Opening green windows: Technological opportunities for a ...

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