Recent Posts

Borouge sees AED5.1b net profit during 2022

  Abu Dhabi / WAM Borouge on Thursday announced its financial results for the twelve-month and three-month periods ended December 31, 2022, with strong year-on-year growth in sales volumes driving healthy revenue growth. Highlights for the twelve months to December 31, 2022; Borouge reported a net profit of AED 5.14 billion) ($1.4 billion), in line with market expectations and holding up ...

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Abu Dhabi’s Aldar enters JV to debut into Dubai realty market

Abu Dhabi / WAM Aldar Properties and Dubai Holding have announced the signing of a binding joint venture (JV) agreement to develop new living experiences across prime locations in Dubai. The agreement marks Aldar’s entry into Dubai’s high performing real estate market as part of the company’s broader expansion into new markets. The move adds considerable weight to Aldar’s development ...

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Mubadala Health, US firm discuss future of healthcare

  Abu Dhabi / WAM Mubadala Health and BioIntelliSense, a continuous health monitoring and clinical intelligence company, hosted a delegation of chief medical officers and leaders of technology and healthcare firms to discuss the future of healthcare, and how tech-enabled care could lead to enhanced healthcare efficiencies and improved patient outcomes. Hasan Jasem Al Nowais, Chief Executive Officer of Mubadala ...

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