ABU DHABI / AD MEDIA Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a budget of AED85.4 billion to develop integrated residential …

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 …

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 …