ABU DHABI/ WAM The United Arab Emirates and the Arab Republic of Egypt continued to airdrop humanitarian and relief aid into the northern Gaza Strip. The Joint Operations Command of the Ministry of Defence has announced the implementation of the fourth airdrop of humanitarian and relief aid, carried out by the UAE Air Force and the Egyptian Air Force in ...

ABU DHABI/ WAM Burjeel Holdings PLC announced a 15.6 percent increase in annual revenue to AED 4.5 billion, while net profit increased by 52.4 percent to AED 540 million in 2023, supported by significant revenue growth, increased operational efficiencies, and reduced financing costs. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 17.7 percent to AED 1 billion in ...

ABU DHABI/ WAM The UAE Ministry of Defence and Abu Dhabi Future Energy Company PJSC (Masdar) have signed a partnership agreement to develop multi-solar plants across Abu Dhabi. Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, will provide a full turnkey solution for the projects, including finance, design, procurement, construction, operations, and maintenance for 25 years. ...