GULF TIME From July 28 to September 23, activities themed “2023 SCO Summer” are being held in Qingdao, China. During this period, dozens of performing arts groups and media organisations from more than a dozen countries will gather in Qingdao to have nearly 50 special activities such as media think tank forums, cultural and art performances, special commodity promotions, and …

SHARJAH / WAM Air Arabia, the Middle East & North Africa’s prominent low-cost carrier operator, on Friday reported a record second quarter and first half 2023 financial and operational results, as the airline continues to demonstrate remarkable performance and growth. Air Arabia registered a net profit of AED459 million during the second quarter ending on June 30, an increase of …

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) reported its financial results for the six-month period ended on June 30, recording a net profit of AED204.4 million. Commenting on Adnic’s performance, Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of Adnic, said, “Adnic has had a strong start to the year with an insurance revenue of AED2.14 billion. As we …