ADNOC Drilling Company PJSC (ADNOC Drilling) and Alpha Dhabi Holding PJSC (Alpha Dhabi) have agreed to establish a strategic investment joint venture (JV) to invest up to AED 5.5 billion (USD 1.5 billion) to acquire technology-enabled companies in the oilfield services (OFS) and energy secto
Emirates Central Cooling Systems Corporation PJSC announced today its consolidated financial results for the third quarter of the current fiscal year, with EBITDA of AED1.07 billion and a total revenue of AED 2.27 billion for a period of nine months ending on September 30, 2023.
Dubai Internet City, the region's leading technology hub and part of TECOM Group PJSC has signed a memorandum of understanding (MoU) with the National IT Industry Promotion Agency (NIPA), backed by the Government of the Republic of Korea, to foster innovation and entrepreneurship efforts tha
Abu Dhabi Future Energy Company PJSC - Masdar, is teaming up with aerospace company Boeing to propel the sustainable aviation fuel (SAF) industry in the UAE and globally. The partnership aims to further support the commercial aviation industry's goal of achieving net-zero emissions by 2050.
Abu Dhabi Future Energy Company PJSC – Masdar, and PLN Nusantara Power (PLN NP), have signed an agreement to develop Phase II of the successful Cirata floating photovoltaic (FPV) power plant in Indonesia by up to 500MW, in a major expansion to Southeast Asia’s largest FPV plant.
Al Yah Satellite Communications Company PJSC, listed on the Abu Dhabi Securities Exchange on Wednesday said that it will pay an interim cash dividend of 8.23 fils [USD 2.24 cents] per share, equivalent to AED 201 million [USD 54.7 million] in total for the first half of 2023.
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority PJSC (DEWA), today announced that the Abu Dhabi Future Energy Company PJSC –Masdar is the Preferred Bidder to build and operate the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park for u
Air Arabia (PJSC), the Middle East & North Africa’s prominent low-cost carrier operator, today reported record second quarter and first half of 2023 financial and operational results, as the airline continues to demonstrate remarkable performance and growth.
Al Ansari Financial Services’ PJSC [DFM: ALANSARI], announced today that it has presented a formal proposal to acquire a majority stake in one of the Sultanate of Oman’s prominent exchange companies.
Alpha Dhabi Holding PJSC (Alpha Dhabi), one of the fastest-growing investment holding companies in the MENA region, has announced its financial results for the six-month period ending 30th June 2023, reporting a Group net profit of AED 10.3 billion, an increase of 30 per cent year-on-year (Y
Abu Dhabi Commercial Bank PJSC (ADCB) today published its financial results for the second quarter of 2023 (Q2’23), reporting a net profit of AED 1.932 bn, an increase of 23 percent year-on-year (YoY). This strong performance is driven by broad-based income growth and improved efficiency met
Deyaar Development PJSC has announced the launch of Jannat, the final residential district of Deyaar's flagship community project Midtown, which will be completed by Q2 2026.