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  Abu Dhabi / WAM AD Ports group on Wednesday announced its financial results for the 12 months ended December 31, 2022, reporting strong operational and financial performance, with revenue growth of 41 percent year-on-year (YoY) to AED5.5 billion (+23 percent year-on-year to AED4.8 billion organically). The group’s strong results were driven by the performance of its maritime and ports ...

  Abu Dhabi / WAM Adnoc and RWE Aktiengesellschaft (RWE) announced on Wednesday the successful delivery of the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany. Produced by Adnoc Gas at Das Island, Abu Dhabi, the shipment of 137,000 cubic meters of LNG is the commissioning ...

WASHINGTON, DC / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Antony Blinken, US Secretary of State, in Washington. They discussed ways to further broaden and deepen the strong US-UAE partnership, and cooperation in the fields of security, climate, trade exchange and investment. During the talks, the two sides highlighted ...

GAZIANTEP, Türkiye / WAM The Emirates Relief Field hospital continues to receive the injured and those affected by the recent earthquake in Türkiye. At the İslahiye district of Gaziantep, residents flock to the hospital that has a reception desk and various specialised departments for emergency, surgical operations, intensive care, dental care, CT, x-ray; and an outpatient clinic, laboratory and pharmacy. ...

  Abu Dhabi / Gulf Time “Q Holding”, Abu Dhabi’s major investment conglomerate, announced the appointment of two senior executives to lead its subsidiary, “Q Properties”, in its new phase of development. “Q” appointed Ben Hudson as the new Chief Executive Officer (CEO) and David Harman as the Chief Development Officer (CDO) of the group’s development arm, “Q Properties”, paving ...

  Abu Dhabi / Gulf Time Abu Dhabi powerboat team’s star and Emirati champion Thani Al Qamzi is gearing up for a new season of “Formula 1 World Championship” to be held in the Indonesian city of Kopiko. The first round is scheduled to take place February 24- 26. Famously known as “The White Shark”, Thani Al Qamzi is preparing ...

  Bloomberg Air India Ltd announced a 470-plane order with Airbus SE and Boeing Co in what stands to be the largest purchase in commercial aviation history, underscoring the industry’s recovery from the coronavirus pandemic and the airline’s ambition to become a global force after years of contraction. The carrier will purchase 250 Airbus jets including 210 A320neo family aircraft ...

Bloomberg Deutsche Lufthansa AG grounded all of its flights on Wednesday after damage to a set of Deutsche Telekom AG broadband cables caused widespread IT problems. Some flight operations have resumed, though all flights in Frankfurt, its main base, remain grounded, a spokesman said. Lufthansa expects the problem to be resolved by early evening. Lufthansa’s global flight operations centre is ...

  Bloomberg Hennes & Mauritz AB is expanding into the business of textile-sorting as it forms a venture to deal with waste in the fashion industry. The Swedish retailer has created a joint venture with recycling company Remondis with the aim of extending the life of about 40 million garments in 2023. The business, called Looper Textile Co, will collect ...

Bloomberg Ikea’s path to achieving its 2030 climate goals is paved with the usual tactics, including boosting renewable energy use and reducing the climate footprint of its materials. But tucked among those challenges is a rather unexpected carbon culprit: the glue that holds some of the flat-pack furniture giant’s most popular products together. The adhesive Ikea uses to make its ...