Recent Posts

Yahsat records AED755mn revenue in first half of 2022

  Abu Dhabi / WAM Al Yah Satellite Communications Company on Tuesday announced its financial results for the six-month period ended June 30, recording its highest ever first-half revenue. The company reported revenue of AED755 million ($206 million), up 8.1% year-on-year, underpinned by double-digit growth in managed solutions and mobility solutions. The adjusted Ebitda increased by 5.3% year-on-year to AED448 ...

Read More »

UAE issues new rules on bank guarantees, employees’ protection insurance scheme

  Dubai / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has issued the Ministerial Resolution No. 318 of 2022 regarding bank guarantees and employees’ protection insurance scheme in the private sector. This decision is in line with the legislative framework that aims to preserve workers’ rights, support the business community, enhance the competitiveness and stability of ...

Read More »

Edge entity Horizon wins two business certifications

  Abu Dhabi / WAM Edge group entity, Horizon, the Middle East’s largest independent helicopter flight training academy, on Tuesday announced that it has been awarded the Information Security (ISMS) ISO 27001 and Business Continuity Management Systems (BCMS) ISO 22301 certifications from Bureau Veritas, a company specialising in world-class laboratory testing, inspection, and certification services. The announcement was made during ...

Read More »
Send this to a friend