ABU DHABI / WAM  International Holding Company (IHC) on Friday announced its financial results for the first quarter of 2023. IHC recorded a group net profit of AED4.3 billion, representing a 20.5% increase compared to Q1 2022, with a net profit margin of 27.1%, demonstrating the continued momentum in executing its strategy and commitment to generating higher shareholder value. IHC ...

ABU DHABI / WAM   The Abu Dhabi Investment Office (Adio), in collaboration with the Department of Municipalities and Transport (DMT), on Friday announced that Phase 2 of the emirate’s energy-efficient Road Lighting LED public-private partnership (PPP) project had reached financial close. Nojoom, a 50-50 joint venture between EDF and Engie, was selected to deliver this key infrastructure project in the ...

DUBAI / WAM Taking a step forward in its drive to offer customers the convenience and assurance of digitally enabled travel journeys, Emirates will require most passengers departing Dubai to use a mobile boarding pass instead of a printed paper version, from May 15 onwards. Passengers checking in at Terminal 3 will receive their mobile boarding pass via email or ...