LATAKIA / WAM As part of “Operation Gallant Knight 2” launched by the Joint Operations Command of the Ministry of Defence, the Emirates Red Crescent (ERC) provided food and clothing to more than 500 cleaners in Syria’s Latakia Governorate. The UAE has provided relief aid to Syrian families affected by the earthquake on February 6. It also launched the humanitarian …

ABU DHABI / WAM  International Holding Company (IHC) on Friday announced its financial results for the first quarter of 2023. IHC recorded a group net profit of AED4.3 billion, representing a 20.5% increase compared to Q1 2022, with a net profit margin of 27.1%, demonstrating the continued momentum in executing its strategy and commitment to generating higher shareholder value. IHC …

ABU DHABI / WAM   The Abu Dhabi Investment Office (Adio), in collaboration with the Department of Municipalities and Transport (DMT), on Friday announced that Phase 2 of the emirate’s energy-efficient Road Lighting LED public-private partnership (PPP) project had reached financial close. Nojoom, a 50-50 joint venture between EDF and Engie, was selected to deliver this key infrastructure project in the …