ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4th December 2025. The transaction attracted exceptional demand, with total funded commitments exceeding AED12 billion from UAE, regional and international investors. Mubadala Investment Company, ADCB’s majority shareholder, subscribed in full …

ABU DHABI / WAM Modon on Wednesday announced the complete sell-out of Bashayer, the first waterfront residential community on Hudayriyat Island, within one day of the launch, generating AED3 billion in sales. The exceptional demand reinforces Hudayriyat Island’s position as one of the region’s most desirable residential destinations and reflects the strength of Modon’s approach to shaping communities designed for …

ABU DHABI / WAM H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, today met in Abu Dhabi with Kash Patel, Director of the United States Federal Bureau of Investigation (FBI). The two sides discussed ways to deepen and advance the strategic partnership between the UAE and the United States in a manner …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) saw the introduction of 17 securities during the 2025, reflecting its strength, attractiveness, and the confidence of investors. Abdullah Salem Al Nuaimi, Group CEO of ADX, told the Emirates News Agency (WAM) on the sidelines of Abu Dhabi Finance Week that the market is preparing to list two exchange-traded funds …

ABU DHABI / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the launch of the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster in Abu Dhabi. The cluster, an initiative spearheaded by Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi Investment …

ABU DHABI / WAM Bitcoin MENA has brought the entire Bitcoin ecosystem under one roof, offering visitors and participants a unique opportunity to connect with industry leaders and innovators. The event, which is one of the largest events of its kind in the region, is taking place at ADNEC Centre Abu Dhabi from December 8-9. Bitcoin MENA is co-organised by …

DUBAI / WAM The Ministry of Climate Change and Environment (MOCCAE) has announced the launch of the ‘Mangroves Through Youth Lens’ initiative, in collaboration with the Global Youth Programme In partnership with Nikon Middle East. This initiative aims to integrate creative arts with environmental action by organising a series of professional photo-walks in the UAE’s most prominent mangrove reserves. This …

GULF TIME EV LAB, the region’s first omni-channel multi-brand EV store, has invested in Pure Electric, a global specialist in electric micromobility founded by British entrepreneur Adam Norris, and will serve as the brand’s exclusive partner across the Middle East. The partnership kicked off with the launch of Pure Electric’s three new e-scooters in the UAE – Air⁴, Pure x …

ABU DHABI / WAM H.H. Sheikh Theyab bin Zayed Al Nahyan crowned McLaren driver Lando Norris as the 2025 Formula 1 World Champion, following the season-ending round held as part of the 17th edition of the Etihad Airways Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi. H.H. Sheikh Theyab also crowned Red Bull driver Max Verstappen as …

ABU DHABI / WAM Engineer Maryam AlBalooshi, Senior Manager of the Environmental Affairs Office at the General Civil Aviation Authority (GCAA), has been elected as Chair of the Committee on Aviation Environmental Protection (CAEP) of the International Civil Aviation Organisation (ICAO). The election took place during the Committee’s 14th meeting, attended by representatives of 34 Member States, held in Singapore …