Bloomberg Ferrari NV slightly raised its full-year profit target after the Italian supercar maker managed to dodge most of the supply-chain snarls weighing on mass-market automakers. Ferrari forecasts adjusted earnings before interest, taxes, depreciation and amortisation of about $1.76 billion for 2021 after a jump in third-quarter shipments and profit, it said. New Chief Executive Officer Benedetto Vigna is under ...

Abu Dhabi / WAM Al Seer Marine, a marine company that is engaged across multiple marine sectors and a subsidiary of International Holding Company (IHC), on Wednesday announced its financial results for the period ending September 30. Over the nine-month period, the company’s net profit jumped to AED2.45 billion from AED25.40 million in the corresponding period a year ago. The ...

GLASGOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Head of the UAE delegation to the 26th Conference of Parties to the United Nations Framework Convention on Climate Change – UNFCCC (COP26), attended on Wednesday the official launch ceremony of the Energy Transition Accelerator Financing (Etaf) Platform, a new global ...