ABU DHABI/WAM NMDC Group, specialised in engineering, procurement, construction, and marine dredging, today disclosed its financial results for the first half of 2024. The Group reported a 79% increase in revenues, reaching AED12.126 billion, compared to AED6.765 billion in the same period last year. Reflecting the strong growth in its strategic projects, NMDC Group reported a 66% increase in net …

RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today at his palace in the Saqr bin Mohammed City, Dmytro Senik, Ambassador of Ukraine to the UAE, who came to greet him. The RAK Ruler welcomed Ambassador Dmytro Senik and discussed with him aspects of enhancing cooperation ties with …

ABU DHABI/WAM The UAE’s economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF). In its Arab Economic Outlook report issued today, the AMF stated that the expected growth of the UAE’s economy this year is driven by continued improvements in tourism activity, real …