Recent Posts

Taqa reports net income of AED6 billion in 2021

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) on Friday reported consolidated financial results for the year ended December 31, 2021 with net income (Taqa-share) of AED6.0 billion, an increase of AED3.2 billion, thanks to greater contribution from the oil & gas segment and reflecting the AED1.5-billion post-tax impairment charge in the previous year. The group revenues ...

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WAM, Djibouti enhance media cooperation

  Dubai / WAM The Emirates News Agency (WAM) has signed a memorandum of understanding (MoU) with Djibouti Information Agency (Agence Djiboutienne D’Information) in the news service exchange and media content fields. This came during a meeting between Mohammed Jalal Al Rayssi, Director General of WAM, and Abdoulrazak Ali Dirneh, Director-General of Djibouti Information Agency and in line with distinguished ...

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ADQ, Alpha Dhabi, Etisalat, FAB launch digital banking platform

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, on Friday announced the central bank of the UAE has granted an in-principle approval to launch a new digital banking platform, which will be called Wio. With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services center at the ...

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