DUBAI / WAM Yalla Group Limited on Tuesday announced its unaudited financial results for the first half of the fiscal year 2023, ending on June 30. According to the financial results, Yalla’s H1 revenues have broken the AED561 million mark ($152.8 million), an increase of 2.9% compared to the first half of last year. Likewise, the H1 net income exhibited ...

FUJAIRAH / WAM A delegation from the Ministry of Industry and Advanced Technology (MoIAT), led by Omar Al Suwaidi, Undersecretary of MoIAT, visited Fujairah Free Zone to gain insights into industrial projects, promote the adoption of sustainability practices and advanced technology, and explore ways of enhancing enablers, incentives and investment attractiveness in the business ecosystem. The visit is in line ...

ABU DHABI / WAM AD Ports Group on Tuesday announced its financial results for the second quarter of 2023 (Q2’23), reporting revenue growth of 66 percent year-on-year (YoY) to AED 2.1 billion, driven by volume growth in key sectors, business diversification as well as local, regional, and international expansion both organically and through M&A. Revenue growth reached 44 percent YoY ...