Search Site

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

Abu Dhabi Police intercept 1.5 tons of contraband, worth $40m

A file picture of the contraband seized by the Abu Dhabi Police in March 2022. (WAM)
  • The Anti-Drug Section at the ADP’s Criminal Investigation Department (CID) detected a suspicious shipment
  • It had arrived from a neighboring country at Khalifa Port, and was apparently meant to travel to Europe

Major General Staff Pilot Faris Khalaf Al Mazrouei, Commander-in-Chief of the Abu Dhabi Police (ADP), has said that his department has intercepted 1.5 tons of heroin, in cooperation with the General Administration of Customs in Abu Dhabi.

The Anti-Drug Section at the ADP’s Criminal Investigation Department (CID) detected a suspicious shipment that arrived from a neighboring country at Khalifa Port, meant to travel to a European country, he explained.

The ADP intercepted this smuggling operation, seizing a heroin shipment worth some AED150 million ($40.84 million).

He pointed out that addressing the smuggling of narcotics requires the cooperation of security departments to address the advanced methods used to smuggle narcotics amidst recent technological developments.

The ADP is keen to achieve the strategic objectives of the UAE’s leadership in maintaining the safety and security of the community, said the major general.

He confirmed that the joint operation was in implementation of the objectives of a Memorandum of Understanding (MoU) signed between the ADP and the General Administration of Customs in Abu Dhabi.

This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the Financial Action Task Force (FATF), where it was put earlier this month.