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WGS 2024: DEWA highlights future of energy sector, showcases net zero by 2050 efforts

DUBAI/ WAM Dubai Electricity and Water Authority (DEWA) is the Sustainable Energy Partner of the World Governments Summit (WGS) 2024, which is taking place from 12th-14th February under the theme ‘Shaping Future Governments’. In a keynote speech titled ‘Global Energy Transitions’, Saeed Mohammed Al Tayer, MD and CEO of DEWA, will talk about the main factors impacting energy markets, effective ...

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ADNOC Drilling announces 2023 net profit of over $1 billion

ABU DHABI/ WAM ADNOC Drilling Company PJSC today announced its financial results for the fourth quarter and full year ending 31st December 2023. Revenue for the full year was US$3.057 billion, up 14 percent year-on-year, while EBITDA for the full year increased by 20 percent to US$1.483 billion with industry-leading EBITDA margin of 49 percent. ADNOC Drilling announced that the ...

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Etihad Airways logs 1.4 million passengers in January 2024

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, has published its preliminary traffic statistics for January 2024. The carrier welcomed more than 1.4 million guests onboard and saw its load factor average out at 86.04 percent across the month. “In January 2024 we saw a 35 percent year-on-year growth in customer numbers and were flying to ...

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