Masonry Layout

ABU DHABI / WAM Yalla Group Limited has announced its unaudited financial results for the fourth quarter and full year ended on December 31, 2022. Yalla continued to focus on quality growth in 2022, with full year revenue hitting AED 1.1 billion, ($303.6 million), an increase of 11.2 percent compared to AED 1.0 billion in 2021. The group also recorded ...

ABU DHABI / WAM The Emergency, Crisis and Disasters Prosecution on Tuesday announced a 50 percent discount on penalties imposed for violating Covid-19 precautionary measures. Effective as of March 15, the decision – which will last for two months – includes all the unpaid violations committed during the pandemic. The Emergency Prosecution called for benefiting from the reduction decision and ...

DUBAI / WAM Expo City Dubai has launched the first phase of Expo Valley and Expo Central – its new residential developments that build on the exceptional standards of Expo 2020 Dubai to redefine urban living within a smart, sustainable, people-centric city of the future. An integral part of the Dubai 2040 Urban Master Plan, the clean, green, integrated communities ...

ABU DHABI / WAM The UAE on Tuesday announced the formation of the Manara Centre, the regional centre for coexistence. Based in Abu Dhabi and named after the Arabic word that means “source of light”, the centre will support core UAE values and initiatives, such as the Year of Tolerance and the Abrahamic Family House. The Manara Centre was established ...

ABU DHABI / GULF TIME Q Holding announces a contract with National Project Construction (NPC), a subsidiary of Trojan Construction Group, worth AED470 million, has been signed for the infrastructure and road development of Reem Hills Phase 1 on Al Reem Island. NPC will manage the efficient, world-class implementation and delivery of the power, water, sewerage, telecommunication and gas networks ...

DUBAI / GULF TIME When considering having a baby, most of us will unthinkingly assume that we can, however for many women it can prove more difficult to conceive and for some, seemingly impossible. This is a heart-breaking prospect and one that can become all-consuming. Orchid Fertility Clinic in Dubai have helped numerous couples achieve their dream of parenthood thanks ...

ABU DHABI / WAM etisalat by e& UAE on Monday announced the successful trial of 5G network capability covering multiple locations for an oil & gas corporation with the highest standard of data security and digitalisation over a mobile network capable of delivering large amounts of data reliably. The trial aimed at addressing a requirement of the oil & gas ...

ABU DHABI / WAM Kyndryl, the world’s largest IT infrastructure services provider, has joined the UAE Ministry of Economy’s NextGenFDI Programme, which aims to attract digitally enabled businesses from all over the world and provide them with the necessary market entry fundamentals to launch and scale their operations within the UAE. The news follows the recent announcement in February that ...

ABU DHABI / WAM Borouge, a leading petrochemical company that specialises in innovative and distinctive polyolefin solutions, held its inaugural Annual General Meeting (AGM) on Monday. Shareholders voted to approve a final dividend of $650 million for the fiscal year 2022, approximately 7.9 fils per share, which brings the total post-IPO dividend paid (June-December 2022) for the year to $975 ...

ABU DHABI / WAM Iva Hamel, the World Bank Representative in the UAE, has praised the UAE for being the most progressive country in the Middle East and North Africa in terms of women’s empowerment. She commended the UAE’s commitment to supporting women’s role in the community and increasing their economic opportunities. In her statement to WAM, Hamel said that, ...