DUBAI / WAM Ahmed Jasim Al Zaabi, the Chairman of Abu Dhabi Department of Economic Development (Added), has attributed Abu Dhabi’s success to continuous evolution, diversification, and sustainable growth. Speaking at the Oracle CloudWorld Abu Dhabi, he emphasised their focus on knowledge, innovation, and long-term sustainability as the pillars of Abu Dhabi’s Falcon Economy. Abu Dhabi’s transformation into a global ...

WELLINGTON / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, visited New Zealand from to enhance cooperation between the two countries in the economic, trade, and cultural fields. During the visit, she met with Nanaia Mahuta, Minister of Foreign Affairs of New Zealand; Damien O’Connor, Minister of Commerce; and James Shaw, Minister of Climate Change, to ...

ABU DHABI / WAM e& announced its consolidated financial results for the first quarter of 2023. The company’s consolidated revenues reached AED13.0 billion. At constant exchange rates, revenue increased by 6.6 percent. Consolidated net profit recorded AED2.2 billion while consolidated Ebitda reached AED6.2 billion, resulting in an Ebitda margin of 48 percent. In the UAE, etisalat by e& recorded 13.9 ...