Author: dailyguardian.ae

Various landmarks in Sharjah were transformed into displays of vibrant colours on on February 7, as the 13th edition of the Sharjah Light Festival kicked off. Twelve prominent landmarks across the emirate lit up with unique designs. The spectacular inauguration at the Sharjah Police Headquarters featured a captivating drone show lighting up the night sky. International artists from Serbia, Russia, the UK, France, Italy, Lebanon and Germany, alongside emerging local talents, came together to create this visual extravaganza. Italian artist Federick and German artist Stefan Ihmig illuminated the Sharjah Police Headquarters building. “This building has hundreds of colours. The structure…

Multiply Group, a leading Abu Dhabi-based investment holding firm, reported on Wednesday a 15 per cent surge in year-on-year revenue to Dh1.3 billion. The group, a subsidiary of Abu Dhabi’s International Holding Company. said its net profit excluding fair value changes of Dh1.1 billion, 2.4 times that of last year, was led by strong operational performance, higher investment income, and increased share of profit from Kalyon JV. The reported net profit, including unrealized fair value changes on the market volatility backdrop, came in at Dh552 million. Group revenue increase reflected the strength of the group’s vertical building strategy, “driven by…

The popular Chinar Super League is back for Season 6 where fans can expect plenty of excitement and thrilling action starting on Saturday, February 10. Young Kashmiri players from both sides of the border are poised to showcase their cricketing skills and wow the fans at what promises to be an action-packed event. However, the Chinar Super League is not just about cricket. It has become a platform for the Kashmiri community on both sides of the border to promote peace and harmony. The organisers are also using the event to create awareness about climate change. The organisers of the…

Presight Announces Profitable and Consistent FY2023 Growth, as it Closes out its First Year Post Listing FY2023 revenue up 14.7% to AED1,780.6M compared to AED 1,552.0M in FY2022 FY2023 net profit increased 5.1% to AED570.6M compared to FY2022 at AED 543.0M Q4’23 revenue (AED713.5M) increased by 23.3% over Q4’22 as major domestic projects went live Abu Dhabi, UAE 7thFebruary 2024 – Presight AI Holding PLC (“Presight”, ADX: PRESIGHT) today announced its FY2023 results,which showedstrong, consistent revenue growth with revenues up 14.7% (+AED228.6M) to AED1,780.6M compared with FY2022. Net Profit increased by 5.1% (+AED27.6M) over the same period, with FY2023 Net…

The PlayStation 5 is looking to dominate the console landscape with its incredible library of games. Like the rest of the industry, Sony saw several major game delays in 2022 (and more this year), but has since dropped several new hit games like God of War Ragnarok, the Resident Evil 4 remake, and Alan Wake 2, among others. There are plenty of games out on PS5 for every kind of gamer. And there are plenty more great titles on the way — don’t forget to check out our list of the best upcoming PS5 games that will come out later…

With over 85 international and regional organisations, over 300 ministers from around the world and 23 ministerial meetings, World Government Summit 2024 (WGS) is going to be a platform for major transformations. To be held in Dubai between February 12 and 14 under the theme ‘Shaping future governments,’ WGS will host 11 regional and international ministerial meetings to address pressing issues. These will include the meeting of Arab finance ministers in the presence of the President of the International Monetary Fund (IMF) and President of the Arab Monetary Fund (AMF). Among heads of organisations participating in this year’s summit are…

A pair of bombings at the election offices of a political party and an independent candidate in southwest Pakistan killed at least 24 people and wounded more than two dozen others, officials said Wednesday, the day before parliamentary elections are to be held. The first attack happened in Pashin, a district in Balochistan province, said Jan Achakzai, the spokesperson for the provincial government. Officials said at least 14 people were killed in the attack and the wounded are being transported to a nearby hospital. Police said some of them were listed in critical condition. Later Wednesday, another bombing at the…

Adnoc Distribution recorded a 4.6 per cent year-on-year growth in earnings before interest, tax, depreciation and amortisation (Ebitda) to $1.002 billion (Dh3.68 billion). The UAE’s largest fuel and convenience retailer, listed on the Abu Dhabi Securities Exchange (ADX), successfully delivered on the five-year target set during its first Capital Markets Day in May 2019. Bader Saeed Al Lamki, CEO of Adnoc Distribution, noted that 2023 was a remarkable and transformative year for the company, driven by record Ebitda of more than $1 billion. “Our team delivered on a critical commitment made to capital markets, underpinned by our focus on execution…

Hosts and holders Qatar squeezed into an Asian Cup final with Jordan after beating Iran 3-2 with an 82nd-minute winner in a frenetic encounter on Wednesday. Almoez Ali struck in Doha to send Qatar into their second consecutive final, further exorcising the demons of their first-round exit at the 2022 World Cup. Qatar lost all three of their World Cup games on home soil just over a year ago, the worst record of any host in the competition’s history. But that was all a distant memory as they celebrated in front of over 40,000 fans after a breathless encounter at…

Crafting Heritage: Ajmal Perfumes’ Factory for Kids at KidZania Dubai Ajmal Perfumes partners with KidZania Dubai to introduce an interactive perfume-making workshop, aiming to educate children about the significance of perfumes. This collaboration offers a hands-on learning experience where children can engage in the entire process of perfume creation. 5th February 2024, Dubai, United Arab Emirates: Ajmal Perfumes, known for its exquisite fragrances, has joined hands with KidZania Dubai, The Dubai Mall, to create a special opportunity for kids to learn about perfume making. Ajmal Perfumes, with its rich heritage and expertise in the art of perfumery, stands as a…