ABU DHABI / WAM EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, on Wednesday announced its financial results for the first half of 2025. EMSTEEL reported revenues of AED4.3 billion for the first half of 2025, marking a 9 percent increase compared to the same period last year. The Group delivered strong operational ...
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UAE President and UK Prime Minister discuss bilateral relations, regional developments by phone
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from the Rt Hon Sir Keir Starmer, Prime Minister of the United Kingdom. The two sides discussed developments in the Middle East and efforts to address the humanitarian crisis in the Gaza Strip. They also affirmed the two countries’ commitment to supporting ...
Read More »‘Birds of Goodness’ returns to Gaza backed by Emirati support
ABU DHABI / WAM The UAE has resumed its humanitarian airdrop operations over the Gaza Strip as part of the Birds of Goodness operations, underscoring its continued dedication to alleviating the suffering of the Palestinian people by delivering food, medical supplies, water and other urgent aid. The mission, part of the ongoing “Operation Chivalrous Knight 3”, is carried out in ...
Read More »UAE reaffirms commitment to combating human trafficking
ABU DHABI / WAM Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice and Chairman of the National Committee for Combatting Human Trafficking, has reaffirmed the UAE’s steadfast commitment to combating human trafficking, which he described as a violation of human dignity. In a statement marking the World Day Against Trafficking in Persons, observed annually on 30th July, Al ...
Read More »NMDC Energy commences fabrication in Saudi Arabia
DAMMAM / WAM NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, has started fabrication at its advanced yard in Ras Al-Khair, Saudi Arabia. Strategically located within the Ras Al-Khair Special Economic Zone, the 400,000 square metre fabrication yard is designed to serve both offshore and onshore projects, with an annual ...
Read More »Saud bin Saqr receives Ambassador of Spain
RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received at his palace in Saqr bin Mohammed city, Emilio Pin Godos, Ambassador of the Kingdom of Spain to the UAE, who came to greet HH Sheikh Saud to mark the beginning of his tenure. HH Sheikh Saud ...
Read More »DAE announces purchase, leaseback pact with United for 10 Boeing 737-9 aircraft
DUBAI / WAM Dubai Aerospace Enterprise (DAE) on Monday announced that it has signed a purchase agreement with United Airlines for 10 new Boeing 737-9 aircraft and entered into long-term leases for these aircraft delivering between August 2025 and February 2026. Firoz Tarapore, Chief Executive Officer of DAE, commented, “Today’s announcement of the purchase-lease back agreement of 10 Boeing 737-9 ...
Read More »ENEC, Hyundai E&C ink deal to advance collaboration
ABU DHABI / WAM The Emirates Nuclear Energy Company (ENEC) and Hyundai Engineering & Construction (Hyundai E&C) on Monday signed a strategic Memorandum of Understanding (MoU) in Seoul, Republic of Korea, to jointly explore international nuclear energy opportunities. The collaboration between ENEC and Hyundai E&C builds on the longstanding strategic partnership between the UAE and the Republic of Korea in ...
Read More »UAE leaders congratulate President of Peru on Independence Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Dina Boluarte of the Republic of Peru on the occasion of her 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 ...
Read More »‘GCC records $587.8b in nominal GDP in Q4 2024’
MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (“GCC-Stat”) revealed that the nominal Gross Domestic Product (GDP) of the Gulf Cooperation Council (GCC) countries reached US$587.8 billion by the end of the fourth quarter of 2024, up from US$579 billion at the end of the fourth ...
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