Recent Posts

UAE-based DP World enhances European trade with €130m investment in Romania

BUCHAREST / WAM DP World on Wednesday opened three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65 million investment: a 5-hectares ...

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Thuraya unveils next generation ‘IP NEO’ terminal

ABU DHABI/ WAM Thuraya Telecommunications Company, the mobile satellite services subsidiary of Al Yah Satellite Communications Company, has announced IP NEO, the first in a new family of next-generation satellite communications products packed with advanced features and technology. The state-of-the-art IP NEO has been designed to deliver powerful simultaneous voice and data transfer capabilities making it the ideal product for ...

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Emaar’s property sales grow 47%, totalling AED13.5b in Q1

DUBAI / WAM Emaar Properties PJSC has released its financial results for the first quarter of 2024, showcasing consistent resilient performance and operational efficiency across its various businesses. Emaar achieved its highest ever quarterly group property sales in Q1 2024, totalling AED13.5 billion ($3.7 billion), reflecting a robust 47 percent growth compared to Q1 2023. Emaar recorded revenues of AED6.7 ...

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