ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Prime Minister Mette Frederiksen of the Kingdom of Denmark on the occasion of her re-election for a new term. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed …
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SAFEEN Drydocks secures major vessel construction contracts valued at AED1.3 Billion
ABU DHABI/WAM SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 Billion (US$354 million) in total, marking the largest awards secured by SAFEEN Drydocks to date and reinforcing the UAE’s growing position as a shipbuilding hub. SAFEEN Drydocks is a joint venture between AD Ports Group (ADX: ADPORTS) and Premier Marine …
Read More »Emirates recycles, reuses 88,000 kilograms of plastic from inflight dining
DUBAI/WAM In celebration of World Environment Day on 5th June, Emirates is highlighting the significant impact of its closed-loop recycling programme, first launched in June 2023. Over the past year, the airline has repurposed more than 88,000 kilograms of plastic from Economy Class inflight meal service items, transforming them into new products for use onboard. As part of its commitment …
Read More »AED1.6 billion in real estate transactions in Ajman during May 2026
AJMAN/WAM Real estate transactions in the Emirate of Ajman recorded 864 transactions during the month of May, with a total value of AED 1.6 billion. Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the performance of the real estate sector during May reflects the continued activity in the market …
Read More »UAE, Bahrain Central Bank Governors discuss enhancing financial, monetary cooperation
ABU DHABI/WAM Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), received Khalid Humaidan, Governor of the Central Bank of Bahrain (CBB), at the CBUAE headquarters in Abu Dhabi. During the meeting, both sides discussed ways to further strengthen the strategic partnership and enhance cooperation frameworks in the financial and banking sectors. The meeting also addressed several …
Read More »ADX, FINTECH.TV launch region’s first global financial news studio
ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) Group and FINTECH.TV, the global broadcasting platform for entrepreneurs and investors headquartered at the New York Stock Exchange, on Wednesday announced a landmark studio partnership that will establish the MENA region’s first international financial news studio reporting “live” from a stock exchange. The collaboration makes FINTECH.TV the first global financial media company to …
Read More »UAE President pays tribute to pioneering UAE educator Dr Mahmoud Al Qaisiya
ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X, formerly Twitter, to pay tribute to pioneering UAE educator Dr Mahmoud Al Qaisiya on Tuesday. His Highness Sheikh Mohamed wrote, “I extend my sincere condolences to the family of Dr Mahmoud Al Qaisiya, who played a key role as …
Read More »AD Ports acquires Brazil’s port terminal operator CLI for AED 3b
ABU DHABI/WAM AD Ports Group on Tuesday acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction. São Paulo-based CLI operates two of Brazil’s most important agri-bulk export terminals under long-term concessions: CLI Sul, Brazil’s leading sugar export terminal and key export terminal for corn and …
Read More »House of Wisdom explores movement of knowledge across civilisations at Warsaw Book Fair
WARSAW/WAM House of Wisdom (HoW) concluded its participation in the fifth Warsaw International Book Fair 2026 with a cultural and knowledge programme featuring rare scientific manuscripts, intellectual discussions, and institutional engagements that explored how ideas and discoveries have travelled across cultures for centuries. Participating as part of Sharjah’s Guest of Honour delegation, HoW showcased the role of translation, scholarship and …
Read More »Positron AI establishes first presence outside US in DIFC to drive next-generation AI inference
DUBAI/WAM Positron AI Ltd, a US-based developer of next-generation specialised AI inference infrastructure, has established its first presence outside the United States in the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region. The DIFC licence marks a key milestone in Positron’s regional expansion. The company has raised more than …
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