Recent Posts

Sharjah Ruler directs employment of 700 citizens by 2025 end

SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has made an important announcement to ensure that 700 Emirati citizens will be hired in the emirate’s government by the end of 2025. Additionally, H.H. Sheikh Dr Sultan bin Mohammed approved promotions for 1,523 employees within the government. These promotions, which ...

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Analysts recommend ‘BUY’ rating of Adnoc L&S shares, citing growth momentum

ABU DHABI / WAM Analysts from all 16 major international financial institutions that cover ADNOC Logistics & Services are maintaining “STRONG BUY” or “BUY” recommendations on the Company’s shares, citing a robust balance sheet, global expansion, and the strong history of and outlook for earnings growth. The recommendations are a strong endorsement of the Company’s successful execution of its transformational ...

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Abu Dhabi’s artificial intelligence sector expands 61% in one year

ABU DHABI / WAM Abu Dhabi’s artificial intelligence (AI) sector is undergoing an extraordinary acceleration, positioning the emirate as a global epicentre of AI innovation and growth. According to data published by the Abu Dhabi Chamber, the emirate, with 673 AI companies, has experienced a 61 percent increase in the AI sector between June 2023 to June 2024. Globally, there ...

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