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Etihad Credit Bureau key pillar of sustainable development: UBF

DUBAI / WAM The UAE Banks Federation (UBF) has underlined the pivotal role of Etihad Credit Bureau in advancing the UAE’s banking and financial sector, reinforcing the country’s standing as a global financial and commercial hub. During the “Partner Engagement Forum”, held at the Emirates Institute of Finance in Dubai, UBF commended Etihad Credit Bureau’s initiatives in supporting the UAE’s ...

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ADX partners with HSBC, FAB to launch MENA’s first digital bond

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has announced the commencement of the pricing stage as the initial step toward listing the first-ever, distributed ledger technology (DLT)-based bond in the region. Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a market-leading digital assets platform, the upcoming bond listing represents a landmark step in ADX’s mission to ...

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ADNOC’s Hail and Ghasha offshore gas mega-project achieves ‘sail-out’ milestone

ABU DHABI / WAM ADNOC’s Hail and Ghasha mega-project has met a key development milestone, having completed the “sail-out” and installation of critical offshore facility structures from the NMDC Energy Yard in Mussafah, Abu Dhabi. The structures – called steel “jackets” – form the foundation of the project’s offshore facilities. Delivered on schedule and in line with the highest safety ...

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UAE leaders congratulate President of Belarus on Independence Day

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Aleksandr Lukashenko of the Republic of Belarus on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

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Dubai Chambers organises workshops on Corporate Tax, Employment Law

DUBAI/WAM Dubai Chambers recently organised two workshops focusing on key aspects of the UAE’s Corporate Tax regime and Employment Law. The sessions were designed to ensure the local business community remains informed on the latest legal and regulatory developments across diverse sectors and attracted a total of 125 participants from the private sector. The first workshop focused on the evolution ...

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G42, first UAE firm recognised among TIME’s 100 Most Influential Companies

ABU DHABI/WAM G42 has been named to TIME’s 2025 list of the 100 Most Influential Companies, marking the first time a UAE-headquartered company has been featured. The recognition highlights G42’s growing global impact in advancing AI responsibly and at scale. From the company’s pivotal role in the launch of Stargate UAE and the 5GW UAE-US AI Campus to its expansion ...

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GCAA issues first regulatory framework for hybrid operations of electric, conventional helicopters

DUBAI/WAM The General Civil Aviation Authority (GCAA) has issued the world’s first regulatory framework for hybrid operations, enabling both electric Vertical Take-Off and Landing aircraft (eVTOLs) and conventional helicopters to operate interchangeably on the same infrastructure. This innovative regulatory framework represents a significant leap in integrating Advanced Air Mobility (AAM) solutions into existing aviation systems. It offers a cost-effective model ...

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Ajman Ruler, Crown Prince receive top high school graduates

AJMAN/WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, in the presence of H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, today received the top high school students in the emirate for the 2024–2025 academic year. The reception, held at the Ruler’s Court, also welcomed ...

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‘Autoworld’ to invest AED45 million in new Jafza facility

DUBAI / WAM Autoworld International FZCO, the regional distributor for India’s Bajaj Auto Ltd, has announced an investment of AED45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld’s ability to serve rapidly growing markets across Africa and the Middle East. The agreement was officially signed in the ...

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