May, 2024

• 13 May

  UAE President discusses cooperation with Indonesian Defence Minister

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received His Excellency Prabowo Subianto, Minister of Defence of the Republic of Indonesia and the President-elect, at Qasr Al Shati in Abu Dhabi. During the meeting, His Excellency Subianto conveyed the greetings of His Excellency President Joko Widodo of Indonesia, along with his wishes for ...

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• 13 May

  Emirates Group records full-year profit of AED18.7 billion

  

  DUBAI / WAM The Emirates Group released its 2023-24 annual Report, hitting new record profit, revenue, and cash balance levels. Both Emirates and dnata saw significant profit and revenue increases in 2023-24, as the Group expanded its operations around the world to meet strong customer demand for its high-quality products and services. For the financial year ended March 31 2024, ...

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• 13 May

  Medeem Card to aid Abu Dhabi youths’ marriage journey

  

  ABU DHABI / AD MEDIA OFFICE The Department of Community Development (DCD)- Abu Dhabi has signed an agreement with Fazaa, an initiative that is part of the Social Solidarity Fund for employees of the Ministry of Interior and UAE’s Government sector. This collaboration will provide customised services and value-added benefits to youth who are about to get married and are ...

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• 13 May

  UAE tops global fibre connectivity with 99.3% penetration

  

  DUBAI / WAM The UAE has once again been recognised as the global leader in Fibre to the Home (FTTH) penetration. This marks the eighth consecutive year the country has held this top position with a penetration rate of 99.3 percent, as reported by the FTTH Council in its latest annual report. The report analysed data from 20 countries that ...

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• 13 May

  Adnoc Drilling delivers record first quarter revenue, EBITDA

  

  ABU DHABI / WAM Adnoc Drilling Company announced record first-quarter revenue and EBITDA for the period ending on March 31,2024. Adnoc Drilling has exceeded market expectations again this quarter, the third in a row, with revenue increasing to $886 million, up 24% year-on-year. The Offshore Jack-up and Oilfield Services (OFS) segments drove revenue growth, increasing 51% and 16% respectively year-on-year. ...

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• 13 May

  Under the patronage of Sheikha Fatima bint Mubarak, Fatima bint Hazza bin Zayed inaugurates new headquarters of Fatima Bint Mubarak Ladies Sports Academy

  

  ABU DHABI / AD MEDIA OFFICE Under the patronage of Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood (SCMC), Supreme Chairwoman of the Family Development Foundation (FDF) and the Mother of the Nation, Sheikha Fatima bint Hazza bin Zayed Al Nahyan, Chairwoman of the Board of ...

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• 13 May

  Alpha MBM Investments LLC Assumes Role as Founding Shareholder and Key Partner in Abu Dhabi’s Space Eco Park and Satellite City Project

  

  DUBAI/GULF TIME In a significant move for advancing space technology and industry in the Middle East, Alpha MBM Investments, a private investment office of Sheikh Mohammed Bin Maktoum Bin Juma Al-Maktoum, a member of the Dubai Royal family, has made an investment of US$25 million in Aspace International Holdings Limited. This investment, made in March 2024 at a valuation of ...

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• 13 May

  Bloom Holding and LEAD Development Announce Luxury Residential Project in Europe

  

  ABU DHABI/ GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, and LEAD Development, a leading real estate developer in the UAE, announced a joint venture agreement with Spain´s high-end residential developer, Mabel Real Estate, a division of Mabel Capital, to co-develop a luxury residential project in Spain. This strategic partnership, which brings together leading players ...

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• 12 May

  DCT Abu Dhabi supporting preservation of earthen heritage

  

  ABU DHABI / AD MEDIA OFFICE The department of culture and tourism – Abu Dhabi (DCT Abu Dhabi) has spearheaded several successful programmes and partnerships in 2023, which aim to fulfil its mandate to promote, protect and progress the emirate’s heritage and culture. Among the programmes, specifically within earthen heritage, DCT Abu Dhabi partnered with So-Hath/100 Hands Foundation as part ...

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• 12 May

  Dubai all set to host Food Innovation Conference 2024

  

  DUBAI / WAM The Food Innovation Conference 2024 is set to kick off on May 13 in Dubai. The event, running until May 15, is organised by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and the World Economic Forum (WEF), under the theme “Reimagining Future Food Systems”. Hosted at the Museum of the Future and Emirates Towers in Dubai, ...

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