Recent Posts

Total revenue of 50 listed firms rises to AED33.7b in first half

ABU DHABI / WAM The total combined revenue of 50 companies listed on the Abu Dhabi and Dubai financial markets rose to AED33.73 billion in the first half of 2019, increasing by 14.7 percent compared to the same period in 2018. A survey conducted by the Emirates News Agency (WAM), on companies that disclosed their financial results showed that the ...

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Regional aircraft market needs $600b to meet demand surge

DUBAI / WAM Regional aircraft markets will need $600 billion in investments to meet the demand for 150-seat 10,550 aircrafts by 2038 due to rise in air travellers, according to Embraer, the Brazilian aerospace conglomerate. Market growth will drive 65 percent of this demand for the aircrafts, while the remaining 35 percent will replace ageing aircrafts, it said in a ...

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Dubai Cares pledges AED1.1m for crisis-hit kids’ education

DUBAI / WAM Dubai Cares has announced its support of a two-year research and design phase of a project that aims to provide continuous quality education for children whose education has been disrupted by rapid onset or protracted crises. Dubai Cares is contributing AED1,102,050 ($300,000) to the project. The research explores the development of a global quality learning curriculum framework ...

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