Palms Sports, the global sports management company and the world's largest Jiu-Jitsu training provider, has released its preliminary financial results for Q3 2023. The company, which is a subsidiary of International Holding Company, reported a net operational profit of AED 88.1 million.
Year: 2023
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Sarah Galvão secures historic first win as ADXC 1 kicks off in Abu Dhabi
The highly anticipated inaugural Abu Dhabi Extreme Championship (ADXC1) took center stage at the Mubadala Arena, captivating an exuberant crowd with adrenaline-packed action. In a remarkable first fight of the night and the ADXC series, Sarah Galvão emerged victorious over her opponent, Vitoria Gabreilla, in the third round in the Gi Super Fight division.
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Abu Dhabi Government entities launch innovative projects and initiatives on third day of GITEX Global 2023
Abu Dhabi Government entities have advanced sustainable innovation across key sectors as they showcase numerous projects and initiatives at the Abu Dhabi Pavilion at GITEX Global 2023.
On the third day of the event, TAMM has revealed the inclusion of Etisalat e& services on the Abu Dhabi Government digital services platform.
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AI Can Improve Access To Education For Various Social Groups Facing Barriers Today
Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region's largest climate tech catalyst for sourcing clean energy solutions towards tackling global warming. The show brings together sustainability leaders to source and discuss green transition solutions and strategies, empowering climate tech companies and startups with the blueprint for amplifying the UN's 2030 sustainability agenda.
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First Abu Dhabi Bank third-quarter profit climbs after revenue boost
First Abu Dhabi Bank, the largest lender in the UAE, has reported a significant increase in its net profit for the third quarter. The bank's core business growth has contributed to a 46% rise in net profit, reaching Dh4.3 billion ($1.17 billion) for the three-month period ending in September.
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UAE minister calls for enhanced co-operation in Middle East to build sustainable tourism
Emirates is committed to supporting global initiatives aimed at shaping the future of the tourism sector, according to the Minister of Economy of the UAE, Abdulla bin Touq.
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Dubai tower sells out in the first hour of launch
London Gate's launches on Tuesday have generated significant interest from investors. Maya V, a residential tower developed by London Gate, sold out within just one hour of its official launch on Wednesday. This 102-unit tower, located in Jumeirah Village Triangle, is expected to be completed in the fourth quarter of next year.
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UAE supports sustainable projects in Seychelles to boost energy transition
The continuous efforts of the UAE to promote new and renewable energy solutions and enhance sustainability around the world are a leading example of the country's commitment to building bridges of cooperation and joint action to enhance the capabilities of countries to address the impacts of climate change and support the sustainable development journey for a more prosperous future.
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Emirates expands collaboration with Neste for the supply of Sustainable Aviation Fuel in 2024 and 2025
environmental sustainability. This partnership is a testament to our shared vision of a more sustainable future for aviation, and we look forward to continuing our collaboration with Emirates to drive the adoption of SAF and other clean technologies in the industry.”
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Abu Dhabi Government showcases new digital initiatives in GITEX
The Abu Dhabi Government pavilion showcased further projects and initiatives on the second day of GITEX Global in alignment with its theme of 'Leading the Digital Future of the Emirate of Abu Dhabi'.
Projects and initiatives across many fields and areas were highlighted, including cybersecurity, artificial intelligence, blockchain technology and analytics, all to leverage technology and innovation to deliver service excellence and an enhanced customer experience.