Recent Posts

Adnoc Distribution reports record $1b EBITDA in 2023

ABU DHABI / WAM Adnoc Distribution on Wednesday reported robust results for 2023, recording a 4.6% year-on-year growth in earnings before interest, tax, depreciation and amortisation (EBITDA) to $1.002 billion (AED3.68 billion). With this, the Company has successfully delivered on the five-year target it communicated to the market during its first Capital Markets Day in May 2019. In addition, the ...

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World Governments Summit: A launchpad for proactive efforts to explore future tech

DUBAI / WAM The World Governments Summit (WGS) has consistently addressed the need for proactive digital adaptation by governments and institutions to build dynamic and efficient institutions that drive a brighter future for societies by embracing digital solutions, artificial intelligence (AI), and data-driven approaches. This proactive stance helps avoid being left behind in a rapidly changing global landscape. Each WGS ...

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Sharjah Ruler adjusts fishing regulations in Kalba

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Administrative Resolution No (2) of 2024 concerning amendments to fishing regulations in Kalba. The decision stipulated that fishermen in Kalba are allowed to only pass through the prohibited areas to reach the fishing areas, making it easier for them to ...

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