Monday , 21 September 2026

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XRG advances global gas strategy with entry into Venezuela

ABU DHABI /WAM XRG, ADNOC’s international energy investment company, today announced its entry into Venezuela through the award of the offshore Loran licence by the Bolivarian Republic of Venezuela, and the transfer of interest in the license by PDVsA Gas. Subject to customary regulatory approvals, XRG will hold an interest in the licence alongside bp and UCC. The licence contains …

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DP World’s revenue climbs 13.1% to $12.7bn during H1

DUBAI / WAM DP World reported revenue of $12.7 billion for the first half of 2026, up 13.1 percent year-on-year, as the strength of its global network helped the company navigate significant disruption to trade flows in the Middle East. Growth across Logistics, Marine Services and DP World’s international Ports and Terminals portfolio helped offset lower activity at Jebel Ali. …

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UAE President offers condolences to Colombian President over earthquake victims

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today held a phone call with President of the Republic of Colombia His Excellency Abelardo de la Espriella, during which he expressed his sincere condolences over the victims of the earthquake in Colombia and wished the injured a speedy recovery. His Highness also extended his condolences …

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Over 5,300 Emirati youth invest AED4.3bn in Sharjah’s real estate sector

ABU DHABI / WAM Investments by Emirati youth in Sharjah’s real estate sector reached a cumulative value of AED 4.3 billion as of August 2026, through 7,052 properties traded by 5,314 young individuals. This reflects their growing position as strategic partners and their strong confidence in the attractiveness of the emirate’s economic and legislative environment. The statistical figures released by …

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Emirates Global Aluminium net profit reaches AED2.46bn in H1

ABU DHABI / WAM Emirates Global Aluminium (EGA) on Wednesday announced resilient financial performance in the first half of 2026, despite logistical and geopolitical disruptions arising from the regional conflict in the Gulf since March. EGA delivered Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of AED4,506 million ($1,227 million), up 11 percent compared with AED4,065 million ($1,107 million) …

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DCT Abu Dhabi achieves GCC first with international innovation

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has become the first tourism board in the GCC region to receive both GIMI Innovation Level 3 Accreditation and GIMI Future Foresight Level 2 Accreditation from the Global Innovation Management Institute (GIMI), a US-based organisation that sets international standards for innovation management. Saeed Ali …

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Tabreed reports AED1.13bn in revenues in H1 of 2026

ABU DHABI / WAM National Central Cooling Company PJSC (TABREED) on Tuesday announced its financial and operational results for the six-month period ending on 30th June 2026, reporting revenue of AED1.13 billion and net profit of AED192 million. Tabreed delivered revenue growth of 2 percent year-on-year during the first half of 2026, supported by fixed capacity charges, ongoing capacity expansion, …

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NMA announced as ‘National Partner’ of Arab Media Summit 2026

DUBAI / WAM The National Media Authority has been named ‘National Partner’ of the Arab Media Summit 2026, which is set to take place in September under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and under the directives of HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, …

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