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UAE-India pact to accelerate growth of digital economy

ABU DHABI / WAM The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a memorandum of understanding (MoU), setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data centre projects in India. The memorandum marks ...

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Fertiglobe reports full-year 2023 revenues of $2,416m

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, on Wednesday reported Q4 2023 revenue of $646 million, adjusted EBITDA of $289 million, and adjusted net profit of $103 million. Fertiglobe’s full-year 2023 revenues and adjusted EBITDA were $2,416 million and $1,004 million, respectively, with adjusted net profit of $363 million. Fertiglobe achieved 23% growth in ...

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UAE leaders congratulate President of Azerbaijan on election win

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to the President of the Republic of Azerbaijan, Ilham Aliyev, on the occasion of the presidential election win. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...

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