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Etihad to add more flights to Frankfurt

  Abu Dhabi / WAM Etihad Airways has announced that it will increase its services to Frankfurt, Germany, as of May 1. The airline will add an extra four services a week to its current daily frequency, bringing the total number of flights to Frankfurt up to 11 weekly. The additional flights will be operated by one of Etihad’s ultra-modern ...

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Adnoc signs AED17bn deals to boost local manufacturing

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced it has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range of critical industrial products worth AED17 billion ($4.63 billion). The agreements outline the intention of the companies to manufacture ...

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Borouge reports $1.4bn 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 $1.4 billion, in line with market expectations and holding up well, despite ...

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