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ABU DHABI, ADNOC has announced its intention to float a 4% minority stake in ADNOC Gas, its world-class gas processing, operations and marketing company, on the Abu Dhabi Securities Exchange (ADX).The offering is expected to open on 23rd February, subj…

ABU DHABI, The net earnings of listed real estate companies doubled in 2022, aided by the robust growth in the real estate and tourism sectors.A report by the Emirates News Agency (WAM) based on declared disclosures on financial market websites showed …

ABU DHABI, The net earnings of 123 listed Emirati companies reached AED 191 billion in 2022, indicating their robust financial position and healthy revenue growth.According to a report by the Emirates News Agency (WAM), the net earnings of national lis…

DUBAI, The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office today announced a formal partnership with Vista Equity Partners (Vista), a leading global investment firm focused on enterprise software, data and technology-…

ABU DHABI, 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 perce…

The ADNEC Group, in collaboration with the Ministry of Defence, has announced the launch of the first-ever IDEX Think Tank sessions at the 16th edition of IDEX 2023 and the 7th edition of NAVDEX 2023.Under the patronage of President His Highness Sheikh…

ABU DHABI, ADNOC Distribution announced on Wednesday that it has completed its acquisition from TotalEnergies Marketing Afrique SAS of a 50% stake in TotalEnergies Marketing Egypt LLC.The closing of this landmark transaction, which was first announced…

ABU DHABI, Abu Dhabi National Energy Company (TAQA) reported positive financial results for the year ended 31st December 2022. TAQA delivered a very strong performance during the year, which was underpinned by the execution of it its growth strategy, i…