Aldar’s AED22 billion contracts boost UAE companies

Aldar Properties (“Aldar”) has disclosed the allocation of 49 contracts, totaling AED22 billion, for a spectrum of projects encompassing infrastructure, residential, commercial, and mixed-use developments throughout Abu Dhabi in 2023. These contracts were granted to 36 UAE-based firms, with nearly half of the value – AED10.5 billion – being…
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Adnoc Distribution hits $1b EBITDA milestone in 2023

ADNOC Distribution, a leading fuel distributor, has unveiled its financial results for 2023, achieving a significant milestone by surpassing $1 billion in earnings before interest, tax, depreciation, and amortization (EBITDA). The company reports a noteworthy 4.6% year-on-year increase in EBITDA, reaching $1.002 billion, showcasing a steady growth…
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Ons Jabeur reaches Mubadala Abu Dhabi Open quarter-finals

Tunisian tennis sensation, Ons Jabeur, secures a spot in the last eight of the Mubadala Abu Dhabi Open after a commanding straight-sets victory over British player Emma Raducanu. With a bye in the Round of 32 as one of the tournament’s top seeds, Jabeur, motivated to bounce back from her doubles exit with Naomi Osaka, delivers an impressive singles…
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Nigeria advances to AFCON final with penalty win

In a nail-biting semifinal clash at the Stade de la Paix in Bouake, Nigeria clinched a spot in the AFCON final after a tense penalty shootout against South Africa. The Super Eagles emerged victorious with a 4-2 win on penalties following a captivating 1-1 draw that lasted 120 minutes. The semi-final match between Nigeria and South Africa unfolded…
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PM Modi reshapes India’s economic trajectory

Prime Minister Narendra Modi’s tenure witnessed a paradigm shift in India’s economic landscape, catapulting the nation to the ranks of the world’s fifth-largest economy. This monumental achievement underscores the stark departure from the economic stagnation that characterized the previous regime. Congress’s legacy of inertia, corruption and…
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