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Sheikh Mohamed, British PM discuss bilateral relations

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Thursday discussed with British Prime Minister Boris Johnson bilateral relations and ways to enhance them in various domains. During a phone call, President His Highness Sheikh Mohamed bin Zayed and Johnson also tackled a number of regional and global issues of mutual interest. They also ...

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Dewa reports net profit of AED3.30bn in H1 ’22

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) on Thursday reported its second quarter 2022 financial results, recording quarterly revenue of AED7.01 billion and a net profit of AED2.61 billion. For the first half 2022, Dewa’s revenue is AED12.08 billion, and net profit is AED3.30 billion. Dewa’s first half revenue increase of 15% to AED12.08 billion was mainly ...

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Dubai Clear, Saudi firm to bolster collaboration

  DUBAI / WAM Dubai Clear, a subsidiary of the Dubai Financial Market (DFM), and the Securities Clearing Centre Company “Muqassa”, a subsidiary of Saudi’s Tadawul group, signed a memorandum of cooperation, creating a broad framework to strengthen collaboration and share knowledge on central clearing services as well as to actively explore ways of enhancing these services in line with ...

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