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Abu Dhabi’s Fertiglobe reports revenues of $694 million in Q1

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, on Tuesday reported Q1 2023 revenue of $694 million, adjusted Ebitda of $297 million, adjusted net profit of $135 million, and free cash flow of $271 million. Fertiglobe delivered a 9% increase in own-produced sales volumes during the quarter. This was driven by the company’s disciplined commercial ...

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Airport Show takes off at Dubai World Trade Centre

DUBAI / WAM The 22nd edition of Airport Show was opened in Dubai on Tuesday amidst brighter outlook for complete and sustainable recovery, growth of passenger demand and focus on future mobility, sustainable infrastructure and innovation. HH Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of ...

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Emirates NBD, DIFC to support Dubai Economic Agenda D33

DUBAI / WAM Emirates NBD and the Dubai International Financial Centre (DIFC) have signed a Letter of Intent, which will aim to drive the future of finance, innovation, talent and entrepreneurial growth in the region, thus contributing to Dubai’s GDP growth ambitions. The Letter of Intent was signed at the Dubai FinTech Summit 2023, by Arif Amiri, CEO of DIFC ...

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