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Alpha Dhabi, an investment group with interests in construction and hospitality sectors, has registered a AED10.6 billion ($2.8 billion) net profit for 2022, up 104% over the previous year, while its revenues soared to hit AED40 billion ($11 billion).
Alpha Dhabi Holding (Alpha Dhabi or the Group), listed on the Abu Dhabi Securities Exchange, has reported its financial results for the full year period ending 31 December 2022, and the numbers are impressive.
Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the Mena region, on Friday reported full-year net profit for 2022 of ..
NEW DELHI [India], Feb 23: EDGE, one of the world’s leading advanced technology and defence groups, signed a Memorendum of Understanding with Defence and aerospace firm Hindustan Aeronautics (HAL) to explore the areas of cooperation that include joint design and development of missile systems and UAVs at IDEX-2023. IDEX-2023 is one of the largest tri-service defence exhibitions in the world, which is being held in Abu Dhabi, UAE, until February 24, HAL said in a tweet on Tuesday. HAL is […]
HYDERABAD (Telangana) [India], Feb 22: In India’s defence manufacturing growth story, ICOMM, a group company of Megha Engineering & Infrastructures Ltd (MEIL), has taken centre stage. Today, ICOMM signed a partnership and licensing agreement with UAE-based EDGE entity CARACAL for the first-ever Transfer of Technology (ToT) in defence articles. As per the agreement, ICOMM will locally manufacture CARACAL’s complete line of small arms for the Indian market under the ‘Make in India’ and Aatmanirbhar Bharat initiatives. The signing took place […]