ABU DHABI / WAM Adnoc Distribution announced robust Q1 financial results, reporting an 18% year-on-year increase in its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) to $248 million, demonstrating that the company remains firmly on track to achieving the goals outlined in its new five-year strategy. The progress follows sustained momentum in both fuel and non-fuel retail segments in ...

ABU DHABI / WAM The Presidential Court has mourned Sheikh Hazza bin Sultan bin Zayed Al Nahyan, who passed away on Thursday. In its statement, the Presidential Court extended heartfelt condolences and sympathies on the death of Sheikh Hazza bin Sultan bin Zayed Al Nahyan, praying to Allah Almighty to shower the deceased with His vast mercy, grant him eternal ...

ABU DHABI / WAM The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, and Iberdrola, a world-leading clean energy company. Working in partnership with Vestas, the remaining wind turbines will be transported ...

DUBAI/ GULF TIME “Art of Living Mall,” a leading center in furniture and home decor, has announced the launch of a community initiative offering exceptional discounts of up to 75% on a wide array of home furnishings, children’s rooms, and accessories, in addition to discounts on bills. Manal Al Johari, the media face of the campaign, known for her continuous ...

DUBAI/ GULF TIME Kipling, the renowned global lifestyle brand hosted an exclusive Brand Event in Dubai, in collaboration with Jashanmal, its esteemed distributor in the region. The event was a celebration of style, creativity, and community, bringing together influencers, trendsetters, media and fashion enthusiasts in the vibrant city of Dubai. The event was held on the Palm Jumeirah, at Playa ...

DUBAI/ GULF TIME Chattels & More, a premier furniture brand renowned for its commitment to quality and style, invites customers to embark on a journey to find their perfect sofa. With a firm belief in the significance of sofas as the heart of every home, Chattels & More offers personalized consultations with in-store sofa experts to ensure that each customer ...

DUBAI / WAM The Dubai Department of Economy and Tourism (DET) and Emirates have signed a strategic partnership outlining joint initiatives to intensify international efforts and bolster Dubai’s mindshare as a hub for trade, tourism and investment. Building on both entities’ long-standing partnership and success in tourism promotion, this latest development underlines their respective commitment to achieving the goals of ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have signed a future-forward memorandum of understanding with Skyports Infrastructure (Skyports), the company leading the development of vertiport infrastructure for electric air taxi services. Marking the beginning of a partnership that will pioneer sustainable tourism through electric air mobility, this MoU ...

KUWAIT / WAM Abu Dhabi Fund for Development (ADFD) participated in the two-day Arab-DAC Dialogue in Kuwait, a platform dedicated to boosting development finance and cooperation to address evolving global challenges. This year’s event aimed to improve the quantity and quality of development finance and cooperation across diverse needs by focusing on two broader themes: financing for sustainable development in ...

ABU DHABI / WAM Adnoc announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from Adnoc’s lower-carbon Ruwais LNG project, currently ...