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Dubatt unveils UAE’s first integrated battery recycling plant

DUBAI / WAM Dubatt Battery Recycling’s fully integrated battery recycling plant — the first of its kind in the UAE — has been formally inaugurated at Dubai Industrial City, part of TECOM Group PJSC. Present at the inauguration were Abdullah bin Touq Al Marri, Minister of Economy; Dr Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and ...

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Zayed Foundation dispatches 20,000 winter kits to 13 countries

ABU DHABI / WAM The Zayed Charitable and Humanitarian Foundation announced the distribution of 20,000 winter kits to 13 countries around the world. This initiative, part of their “Winter Bag” programme, aims to ease the burden of winter for low-income families globally. This year’s programme encompasses diverse countries across regions, including Jordan, Morocco, Egypt, Iraq, Pakistan, Chad, Ethiopia, Kosovo, Albania, ...

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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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