13 | August | 2022 | UAE News 24/7

IT’S TIME TO DARE LIKE NEVER BEFORE WITH

AN ADVENTUROUS DEAL AT SKY VIEWS EDGE WALK

Only this August 50% discount will be offered on the admission price to the thrilling Sky Views Edge Walk located atop The Address Sky View Hotel

UAE, Dubai, 12 August: Explore Like Never Before at Sky Views Observatory, perched highabove Downtown Dubai, offering guests access to Levels 53 of the twin Address Sky Views Tower 1. This attraction that takes the observatory experience to the next level plays host to several adrenaline inducing experiences, including the exhilarating Sky Views Edge Walk that allows visitors to step out onto the external perimeter, some 219.50 meters up!

Continue reading →

AD Ports Group Q2 2022 Net Profit Surged 59% YoY

Revenue grew by 35% YoYto AED 1,242 million driven by the Maritime and EC&FZ clusters
EBITDA increased by 41% YoY to AED 532million
Net Profit surged 59% YoY to AED 300 million
Capex reached AED 1.6 billion, in line with the Group’s capital investment plans to spend more than AED 15 billionacross all clusters over the 2022-26 period

Net leverage stood at 0.9x, leaving ample room for further organic and inorganic growth; USD 1 billion RCF remains unutilised
Container volumes grew by 30%YoY while Ro-Ro and cruise passenger volumes continued their healthy recovery post COVID-19 disruptions
Record 3.9km² of new land leases signed during H1 2022 – more than the annual land leases signed in each of 2021 and 2020
FTSE Emerging MarketsIndex inclusion in June 2022

Continue reading →