Abu Dhabi / WAM Adnoc Distribution reported on Wednesday that its underlying Ebitda for the first nine months of 2020 grew to AED2,554 million, with net profit of AED1,581 million. For the third quarter, underlying Ebitda (Earnings before interest, taxes, and amortisation) was AED 1,132 million, while net profit stood at AED 671 million. Free cash flow generation remained solid ...

Abu Dhabi / WAM Etihad Airways announced a 49-hour National Day sale where customers can book a getaway with a AED 49 deposit and pay nothing until 21 days before their trip. “Travellers can jet off any time before September 30, 2021 for less, and lay back and relax at a luxury resort, explore ancient architecture or spend the weekend ...

Abu Dhabi / WAM Ahmed Ali Al Sayegh, UAE Minister of State, and Nikos Christodoulides, Minister of Foreign Affairs of the Republic of Cyprus, on Wednesday convened the inaugural virtual meeting of the UAE-Cyprus Joint Committee. In his remarks, Al Sayegh affirmed the strength of the two countries’ bilateral relationship, and pointed to the growing cooperation that the UAE and ...