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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

UAE launches Arab world’s first ever lunar rover, will land in April 2023

It lifted off on board a Space X Falcon 9 rocket from Space Launch Complex 40. (WAM)
By TRENDS Desk
December 11, 2022 10:59 pm
  • The UAE became the first Arab country and the fourth country globally to land on the lunar surface after the United States, Soviet Union, and China.
  • The Mohammed Bin Rashid Space Centre (MBRSC) said once launched, the integrated spacecraft will take a low-energy route to the moon.

Dubai, UAE – The Arab world’s first lunar rover successfully took off to space on Sunday. The UAE-built Rashid Rover is the first Emirati mission to the surface of the Moon.

It lifted off on board a Space X Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station, Florida, US.

The UAE became the first Arab country and the fourth country globally to land on the lunar surface after the United States, Soviet Union, and China.

The Mohammed Bin Rashid Space Centre (MBRSC) said once launched, the integrated spacecraft will take a low-energy route to the moon.

It is in contrast to a direct approach, which means the landing will take about five months after launch, in April 2023.

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