INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

ADDC, Abu Dhabi University join hands for energy innovations

Abu Dhabi Distribution Company, Abu Dhabi University to advance innovation in utility sector.
  • The cooperation aims to promote ties between both entities through training programs and knowledge exchange
  • The agreement was signed at ADU’s main campus by Saeed Al Suwaidi, Managing Director, ADDC, and Professor Waqar Ahmad, Chancellor, ADU

The Abu Dhabi Distribution Company (ADDC), a subsidiary of Abu Dhabi National Energy Company (TAQA Group), has signed a Memorandum of Understanding (MoU) with Abu Dhabi University (ADU) to accelerate technical, societal and environmental solutions in the energy sector through research and development.

The cooperation aims to promote ties between both entities through training programs and knowledge exchange.

The agreement was signed at ADU’s main campus by Saeed Al Suwaidi, Managing Director, ADDC, and Professor Waqar Ahmad, Chancellor, ADU.

“There are many mutual benefits to collaborating with academia, which is why we are so thrilled to enter into this partnership with Abu Dhabi University (ADU),” Al Suwaidi said. “By supporting research and development and special opportunities for young talent, we are moving our industry forward and helping build a brighter future here at home.”

While the Chancellor of ADU said that through this

collaboration, they look forward to creating a framework that will advance environmental research.

“Partnerships like this allow us to provide our students with valuable training and internship opportunities that are critical to preparing them for a competitive job market,” he said.