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Emirates, DCT Abu Dhabi to promote tourism to UAE

  DUBAI / WAM Emirates and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), on Wednesday signed a memorandum of understanding (MoU) to boost tourist numbers across the airline’s global network. The new partnership is part of the airline’s commitment to promote tourism to the UAE by aligning activities with other tourism partners and capitalising on ...

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Waha Capital net profit rises 32% to AED147million in Q1 of 2022

  ABU DHABI / WAM Waha Capital has reported a 32% year-on-year increase in first quarter net profit, driven by robust returns from its public markets business and the strong performance of its Waha Mena equity fund. The company recorded a net profit of AED147 million in the first three months of 2022, compared to AED111 million in the same ...

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Germany’s Uniper confident it can keep Russian gas flowing

Bloomberg German utility Uniper SE is confident its next payment for Russian natural gas will comply with Kremlin demands without violating sanctions, in the latest sign that European companies and their Russian supplier are finding ways to keep the gas flowing. Uniper, one of Europe’s biggest buyers of the fuel from Russia, will pay in euros when its next bill ...

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