Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has made a phone call to the President of Sri Lanka, Ranil Wickremesinghe, congratulating him on his election as the country’s new president. His Highness Sheikh Mohamed bin Zayed also wished him success in leading Sri Lanka towards stability and peace and overcoming the circumstances it ...

  Abu Dhabi / WAM Emirates Steel Arkan on Tuesday announced its second-quarter results, reporting a net profit of AED207 million in the second quarter compared to a pre-merger loss of AED24 million in the same period of last year and a 184% gain from AED73 million in Q1, driven by higher sales volumes and prices, enhanced operational efficiencies, and ...

  ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, announced on Tuesday that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in country. The project is co-financed by Abu Dhabi Fund for Development, ...