The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), participated in the second committee meeting of the Joint Arab Electricity Market and the second phase of the Knowledge Sharing Programme.
Category: Economy
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TAQA Group reports AED2.1 billion net income for Q1 2024
Abu Dhabi National Energy Company (TAQA) reported its earnings for the period ending 31st March 2024. TAQA delivered a robust financial performance, bolstered by the recognition of contributions from Sustainable Water Solutions Holding Company (SWS Holding).
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Saif bin Zayed inaugurates ‘Seamless Middle East 2024’
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Tuesday inaugurated the conference and exhibition of digital economy technologies "Seamless Middle East 2024".
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Tabreed reports AED468 million revenues in Q1 2024
Tabreed, the UAE's international district cooling company, today released its consolidated financial results for the first three months of 2024, recording revenue increase to AED468 million compared to AED464 million in Q1 2023.
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Gold prices flat as US inflation data takes centre-stage
Gold prices traded flat on Wednesday as investors looked forward to a critical US inflation print that could offer clues on the Federal Reserve's interest rate-cut trajectory, Reuters said.
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Kimberley Process Intersessional opens in Dubai to address global diamond trade challenges
The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai yesterday with resounding calls to accelerate consensus and decision-making to secure the industry's long-term security, efficiency, and operationalisation.
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Etihad Airways transports 5.7 million passengers in 4 months
Etihad Airways has published its preliminary traffic statistics for April 2024. The airline carried more than 1.4 million guests and saw its passenger load factor average out at 84 percent across the month.
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Dubai Investments reports net profit of AED119.96 million in Q1 2024
Dubai Investments, listed on the Dubai Financial Market, announced a net profit attributable to shareholders after tax of AED119.96 million for the first quarter of 2024, compared to AED314.44 million in the corresponding period last year.
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Etihad Cargo fully prepared for UAE-PLACI
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has announced its complete readiness for the UAE Pre-Loading Advance Cargo Information (PLACI) regulations, ensuring that partners and customers will experience no disruptions in their shipments.
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Zayed International Airport discusses strengthening economic and tourism relations between Abu Dhabi and Shanghai
Today, Zayed International Airport received a high-level Chinese delegation, as part of the launch event of the “Meet in Shanghai” initiative, which is an interactive initiative that will be held from May 6 to 20, to encourage travelers to travel on an exciting trip. To the heart of Shanghai, a global city with a unique culture and ancient civilization.