Abu Dhabi / WAM Bayanat, a provider of AI-powered geospatial solutions, on Monday reported its preliminary financial results for 2022, reaching AED788 million in revenue, with a net profit of AED202 million for the year. Bayanat’s FY-2022 revenue reached AED788 million compared to AED367 million for the previous year, marking a substantial increase of 115%. The company also reported ...

  Dubai / WAM DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – and the Bharat Subcontinent Agri Foundation (BSAF) signed a memorandum of understanding to advance the global agricultural (agri) commodities sector between the UAE and South Asia. The agreement was signed by Ahmed bin Sulayem, Executive Chairman and Chief ...

Sharjah / WAM Sharjah Electricity, Water and Gas Authority (Sewa) has completed the connection of electric current to 3,733 projects with a load of up to 628 MVA, after completing inspection procedures and fulfilling all security and safety requirements, and extending feeders to the low and medium voltage networks with a length of 505 km, in Sharjah, 2022. The authority ...