Recent Posts

ADFD funds AED110m worth of water project in Mauritania

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to finance a project aimed at providing potable water to the city of Kiffa, which will be sourced from the Senegal River. The contribution from the ADFD towards this strategic project amounts to AED110 million ($30 million). The total value of ...

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Air Arabia Q1 net profit up 17% to AED342m

SHARJAH / WAM Air Arabia (PJSC), the Middle East & North Africa’s largest low-cost carrier, has reported a strong first quarter in both financial and operational terms, recording a net profit of AED342 million for the first three months ending on March 31, 2023, which represents a 17 percent increase compared to the AED291 million profit recorded in the same ...

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Etihad Airways announces seasonal services to Lisbon

ABU DHABI / WAM Etihad Airways is launching its seasonal services into the Portuguese capital of Lisbon on June 18 and is treating its guests with discounted fares. Guests can benefit from this offer to enjoy the old city known for its historical centre, stunning architecture, colourful azulejos, and fantastic food, with fares starting at AED2,995. Arik De, Chief Revenue ...

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