The net profit for Q1-2023 of Multiply Group in Abu Dhabi has reached Dh266m.
Abu Dhabi investment firm Multiply Group reported a net profit of Dh266 million for Q1-2023, marking a 241% increase from the previous year.
TotalEnergies subsidiary signs LNG deal with ADNOC Gas worth $1-1.2 billion.
ADNOC Gas has signed a major deal with TotalEnergies subsidiary).
Shareholders of Eshraq have given their approval for the cross-listing of the company and a share buyback of up to AED 110 million.
Eshraq Investments has received approval from its shareholders to cross-list its shares on the Dubai Financial Market (DFM).
To enhance its fleet, AD Ports is planning to acquire eight new vessels for a total cost of AED 955 million.
Ad Ports’ plan to acquire eight new vessels at a cost of AED 955 million is a major step in the company’s ongoing efforts to expand its capabilities.
April 28, 2023
Watch: Abu Dhabi Authority Warns Motorists Against Parking Car on Sidewalks; Dh1,000 Fine for Violation
If you’re driving in Abu Dhabi, beware of parking your car on the sidewalk. The Abu Dhabi Authority for Transport and Infrastructure (ADATI) has recently issued a warning to all motorists, stating that parking on the sidewalk is not allowed and can result in a hefty fine of Dh1,000.
Al Ghurair Foods is set to allocate a budget of Dh1 billion towards the construction of three food processing facilities in Abu Dhabi.
Al Ghurair Foods’ investment in the construction of three food processing plants in Abu Dhabi is a significant milestone for the UAE’s food industry.
Shareholders of Dana Gas have given their approval for a cash dividend of 4.5 fils per share for the second half of 2022.
Dana Gas has announced a cash dividend of 4.5 fils per share for the second half of 2022, reflecting its strong financial performance and confidence in the long-term growth prospects of its business.
Adib’s first quarter profit has surged by 54% to reach Dh1.1b.
ADIB’s first quarter profits surged by 54%, reaching Dh1.1 billion, driven by its focus on digital transformation and diversified business model.
Taqa, based in Abu Dhabi, invested Dh115m in the Xlinks First project: a high-voltage submarine cable between the UK and Morocco.
Taqa, one of the largest energy companies in the UAE, is investing in the Xlinks First project, which will connect the UK and Morocco through a subsea cable capable of transmitting 1.8 GW of power.
April 26, 2023
“Manchester City Abu Dhabi Cup Returns for 2024: A Global Success for Youth Football”
The Manchester City Abu Dhabi Cup has once again proven to be a global success, with the announcement that the tournament will return in 2024 after a highly successful 2023 event. The tournament, which features teams from around the world, saw over 1,700 players from 13 countries and four continents participate. The 2023 event saw […]