Page 3 - Hamad Al Ameri News Today

Abu Dhabi is at the forefront of the MENA region’s economic expansion, posting a 9.3% growth rate in 2022. The emirate’s long-term development roadmap, the Abu Dhabi Economic Vision 2030, charts a course for economic transformation, targeting a 64% GDP contribution from non-hydrocarbons sectors by 2030, as diversification and strategic investment continue to make Abu Dhabi an attractive destination for businesses, investors and innovators.

UAE-based Alpha Dhabi Holding has reported robust financial results for the first nine months with a 29% increase in net profit surging to AED11.6 billion ($3.2 billion) mainly due to a combination of organic expansion and strategic acquisitions.

Alpha Dhabi's diversified portfolio has been a major driver behind the growth in revenue

​​These indigenous weapons will add to Indias security apparatus going forward, it said. Among the weapons displayed at the inaugural edition of the three-day ( October 26-28) event were highly-dependable combat pistols, sub-machine guns, mission-proven rifles, and precision sniper rifles. Icomm-Caracal showcased their versatile 9mm combat pistols, modern submachine gun, mission-proven assault rifles and high-performance bolt action sniper rifles.

Edge Group entity, Caracal, a leading firearms producer in the GCC region, is making its 16th appearance at the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex 2023) from September 2 to 8.

Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the MENA region, has posted remarkable H1 2023 financial results, reporting a group net profit of AED10.3 billion ($2.8 billion), a significant increase of 30% year-on-year.

Total assets during the period stood at Dh127.9 billion

Under the agreement, EDGE will conduct a transfer of technology to Ketech Asia

CARACAL, an EDGE Group Company and a leading small arms manufacturer, today announced signing an agreement with Ketech Asia, an advanced ammunition producer and small arms solutions provider, for the production and resale of CARACAL’s CAR 816 in Malaysia.The agreement was signed by Hamad Al Am ..

Acquisition makes Alpha Dhabi largest shareholder in NCTH, with a 36.4 per cent stake