Recent Posts

Medeem Card to aid Abu Dhabi youths’ marriage journey

ABU DHABI / AD MEDIA OFFICE The Department of Community Development (DCD)- Abu Dhabi has signed an agreement with Fazaa, an initiative that is part of the Social Solidarity Fund for employees of the Ministry of Interior and UAE’s Government sector. This collaboration will provide customised services and value-added benefits to youth who are about to get married and are ...

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UAE tops global fibre connectivity with 99.3% penetration

DUBAI / WAM The UAE has once again been recognised as the global leader in Fibre to the Home (FTTH) penetration. This marks the eighth consecutive year the country has held this top position with a penetration rate of 99.3 percent, as reported by the FTTH Council in its latest annual report. The report analysed data from 20 countries that ...

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Adnoc Drilling delivers record first quarter revenue, EBITDA

ABU DHABI / WAM Adnoc Drilling Company announced record first-quarter revenue and EBITDA for the period ending on March 31,2024. Adnoc Drilling has exceeded market expectations again this quarter, the third in a row, with revenue increasing to $886 million, up 24% year-on-year. The Offshore Jack-up and Oilfield Services (OFS) segments drove revenue growth, increasing 51% and 16% respectively year-on-year. ...

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