Abu Dhabi / WAM Al Yah Satellite Communications Company on Wednesday announced its financial results for the three-month period ended March 31. Yahsat reported first-quarter revenue of AED362.5 million, reflecting an increase of 9.4% year-on-year. All business segments performed well, with a particularly exceptional performance in both managed solutions and mobility solutions, which increased by 26.0 percent and 45.4 ...

  Abu Dhabi / WAM The total value of Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion, a 15 percent increase compared to the same period of 2021. Exports recorded a growth of 35 percent in the first three months of the year compared to the same period of last year, valued ...

  Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi sovereign investor, released its 2021 financial results for the group, achieving a total comprehensive income (TCI) attributable to the owner of AED 122 billion for the year, compared to AED 72 billion in 2020. At year end, assets under management across the group stood at AED 1,045 billion compared ...