Tag : Abu Dhabi

Business

EMSTEEL Q1 net profit jumps as margins widen

omandailynews.com
EMSTEEL reported revenue of AED 2.2 billion for the first quarter of 2026, broadly unchanged from a year earlier, as sharply higher margins lifted earnings across the business. EBITDA rose 82% year on year to AED 483 million, while net...
Business

ADNOC Gas posts resilient Q1 profit despite disruption

omandailynews.com
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and ended March with $4.2 billion...
News

UAE and Austria deepen strategic partnership talks

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership and the impact of regional developments on security and the economy. The meeting brought together...
Technology

Space42 says Foresight boosts UAE space industry

omandailynews.com
ABU DHABI: Space42 said the localisation of assembly, integration and testing for its Foresight synthetic aperture radar, or SAR, satellites shows the UAE is deepening its industrial capability in space technology, as the company ties a series of recent Earth observation milestones...
News

UAE president and Greek PM hold Abu Dhabi talks

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Greek Prime Minister Kyriakos Mitsotakis in Abu Dhabi on May 5 for talks on bilateral ties and regional developments, as the two countries marked 50 years of diplomatic relations. The meeting focused...
News

UAE and France hold talks on regional stability

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ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE deputy prime minister and minister of foreign affairs, held talks in Abu Dhabi on Thursday with French Minister for Europe and Foreign Affairs Jean-Noël Barrot, with the two sides reviewing bilateral ties...
Business

CBUAE leaves base rate unchanged at 3.65%

omandailynews.com
ABU DHABI: The Central Bank of the UAE kept the Base Rate applicable to the Overnight Deposit Facility unchanged at 3.65% on April 29, leaving the country’s main policy benchmark at the same level after the latest U.S. rate decision. The move preserves...
News

Bilateral ties and regional security reviewed in UAE Dutch talks

omandailynews.com
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ Deputy Prime Minister and Minister of Foreign Affairs, met Dutch Foreign Minister Tom Berendsen in Abu Dhabi on Wednesday for talks on bilateral ties and regional developments, as the two countries...
News

UAE President and Italy defence chief discuss security

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Italian Defence Minister Guido Crosetto in Abu Dhabi on April 22, with the two sides focusing on defence and security cooperation as well as the impact of Middle East developments on regional...
News

UAE and Sierra Leone presidents discuss bilateral ties

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Sierra Leone President Julius Maada Bio on April 21 in Abu Dhabi, where the two leaders discussed bilateral ties and regional developments during Bio’s working visit to the United Arab Emirates....