Recent Posts

Abu Dhabi’s Multiply Group reports net profit of AED266mn for Q1

ABU DHABI / WAM Multiply Group, an Abu Dhabi-based investment holding company, announced a net profit excluding fair value gains (losses) of AED266 million, marking a 241 percent increase from the same period last year. The Group earned AED303 million in dividends from its public market portfolio, and its operating businesses generated AED269 million in revenue during Q1, an 11.6 ...

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ADU honours ‘Arts for Autism’ Competition winners

ABU DHABI / WAM Abu Dhabi University (ADU) honoured the winners of the  seventh “Arts for Autism” Competition, organised by ADU’s College of Arts and Sciences in collaboration with the Emirates Autism Society, the Ministry of Education, and the Abu Dhabi Music and Arts Foundation. The competition received over 160 art pieces from students across the UAE, with no specific ...

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UAE airports see 56.3% growth with 31.8m passengers in Q1

ABU DHABI / WAM Saif Mohammed Al Suwaidi, Director-General of the General Civil Aviation Authority (GCAA), has announced that the number of passengers travelling through the country’s airports during the first quarter of 2023 increased by 56.3% compared to the same period in 2022. This increase indicates the success of the aviation sector in restoring pre-Covid-19 passenger traffic levels. In ...

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