Friday , 12 June 2026

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First Abu Dhabi Bank unveils net-zero transition plan in 2026

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has released its 2026 Transition Pathways Update. On Earth Day 2026, the report highlighted that FAB’s sustainable and transition finance activities contributed to nearly 4 million tonnes of CO₂ of avoided emissions in 2025. It also outlined continued progress in advancing the bank’s sustainability agenda and the progress of its Net …

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UAE President meets BlackRock Chairman and CEO

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met Larry Fink, Chairman and Chief Executive Officer of BlackRock. The meeting addressed a number of issues of mutual interest, including developments in global markets. The two sides also discussed artificial intelligence and advanced technology and the opportunities they present to support investment and the global …

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UAE President receives Italian Defence Minister

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Guido Crosetto, Minister of Defence of the Italian Republic. During the meeting, the Italian Defence Minister conveyed to His Highness the greetings of Her Excellency Giorgia Meloni, Prime Minister of Italy, and her wishes for the UAE’s continued security and prosperity. The meeting discussed cooperation …

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DIEZ posts 19.4% rise in revenue, 17.8% rise in net profit in 2025

DUBAI / WAM The Dubai Integrated Economic Zones Authority (DIEZ) announced strong annual results for 2025, reporting a 19.4 percent increase in revenue and a 17.8 percent rise in net profit compared to 2024. These results underscore the resilience of its operating model and the strength of its integrated economic ecosystem. DIEZ’s robust performance was driven by improved operational efficiency …

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EGA to acquire majority stake in Italian recycling firm Eco Green

ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas and the world’s biggest producer of ‘premium aluminium’, today announced its intention to acquire an 80 percent stake in Italian aluminium recycling company Eco Green. The acquisition, which remains subject to regulatory approvals, marks the latest milestone in EGA’s global expansion …

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UAE President receives Ruler of Ras Al Khaimah and Crown Prince

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, accompanied by His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. During the meeting, Their Highnesses reviewed a number of issues …

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DXB LIVE achieves 33% business growth in 2025

DUBAI /WAM DXB LIVE, the integrated event management and experiential agency of Dubai World Trade Centre, has recorded 33 percent growth in its business volume in 2025, having organised, managed, and delivered services to 442 events. These included 84 exhibitions, 16 conferences, 26 entertainment, sports, and music events, three fashion shows, six corporate events, and 13 graduation ceremonies, in addition …

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Emirates Development Bank reaches AED1 billion in monthly approvals

ABU DHABI / WAM Emirates Development Bank (EDB) on Monday announced a landmark strategic milestone, recording AED1 billion in monthly financing approvals. This scale of capital deployment reinforces the UAE’s position as a global economic safe haven. While international markets navigate shifting trade dynamics and geopolitical complexities, EDB is actively executing a long-term vision to guarantee the nation’s economic resilience. …

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ADGM signs pact with Shenzhen’s Futian District to advance ties

ABU DHABI / WAM ADGM has signed a Memorandum of Understanding (MoU) with the Futian District People’s Government of Shenzhen, marking a significant step in strengthening economic and financial cooperation between Abu Dhabi and one of China’s leading financial and innovation hubs. The partnership establishes a framework to enhance collaboration across a range of priority sectors, including financial services, innovation, …

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