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Emirates Steel Arkan Q1 profit reaches AED72.6m

  Abu Dhabi / WAM Emirates Steel Arkan on Tuesday announced its first-quarter results with revenues of AED2.04 billion for the first quarter of 2022, compared to AED233.5 million in 2021. The earnings reflect the positive impact of merger in Q4 2021 of Arkan and Emirates Steel. Net profit was AED72.6 million compared to AED1.2 million for the same period ...

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Mubadala, Engie sign deal to advance sustainable mobility in Abu Dhabi, ME

  Abu Dhabi / WAM Mubadala Investment Company and Engie, a worldwide energy leader, on Tuesday signed a memorandum of understanding to explore the development of a digital platform for charging electric vehicles in Abu Dhabi and the Middle East region. Under the agreement, the two companies will work together to explore development of a digital platform which will include ...

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Emirates, Royal Air Maroc ink codeshare partnership

  DUBAI / WAM Emirates and Royal Air Maroc on Tuesday launched a codeshare partnership, providing more travel options and connection choices for customers of both airlines between Dubai and Casablanca, and beyond. Effective later this month, both airlines will place their marketing codes on each other’s flights between Casablanca and Dubai to a total of 209 combined destinations. The ...

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