Dubai / WAM Enoc group on Monday announced the opening of a new compact service station in Al Salamah 1, Umm Al Qaiwain, making it the second service station in the emirate. The expansion is part of the group’s long-term strategic plan to strengthen its retail presence across the UAE. Spread across 18,800 square feet, the new compact station ...

Abu Dhabi / WAM The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), have announced the introduction of new reporting requirements aimed at certain real estate transactions conducted in the UAE. The UAE is one of the first countries to implement such a mechanism for real estate transactions involving ...

  Abu Dhabi / WAM Adnoc Distribution reported strong first half results for 2022, recording an Ebitda of AED1.99 billion and net profits of AED1.56 billion. Adnoc Distribution witnessed year-on-year growth in total fuel volumes, up 9% in H1 2022 compared to H1 2021, while the company’s corporate fuel volumes recorded sustained growth with a 27% year-on-year increase, underpinned by ...