ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) achieved a net profit after tax of AED7.1 billion by the end of 2025, recording a year-on-year growth of 16%, while net profit before tax increased by 18% to reach AED8.1 billion. Net profit after tax during the fourth quarter of 2025 amounted to AED1.75 billion, marking a 20% growth compared to the …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has accepted the invitation from the United States to join the Board of Peace as announced by HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs. HH Sheikh Abdullah bin Zayed emphasised that the UAE’s decision reflects the importance of fully implementing …

DAVOS/WAM G42 on Tuesday announced the launch of its Digital Embassies framework and Greenshield, a new sovereign operating model that enables nations to deploy artificial intelligence securely and at scale while maintaining full legal authority and control over their data, systems, and policies regardless of where infrastructure is located. As governments accelerate AI adoption across public services, national security, healthcare, …

ABU DHABI/WAM UAE-based company AirQ Limited, specialising in the design and development of unmanned aircraft, unveiled its latest cargo aviation projects, Cargo 200 and Cargo 40, during its participation in UMEX 2026. David Sostaric, Programme Manager at AirQ and Project Manager for Cargo 200 and Cargo 40, told Emirates News Agency (WAM) that the key advantage of the two aircraft …

SHARJAH/WAM The Government of Sharjah has announced the launch of the Faya Research Grant, a major scientific initiative to advance global understanding of deep-time human history and environmental change through research at the Faya Palaeolandscape, a UNESCO World Heritage Property of Outstanding Universal Value. The announcement was made by H.H. Sheikha Bodour bint Sultan Al Qasimi, Ambassador for the Faya …

ABU DHABI/AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) has announced the opening of 16 new parks across the Al Shamkhah district of Abu Dhabi City to foster vibrant communities as part of its ongoing liveability strategy. The new recreational areas underscore the Department’s dedication to providing modern, accessible, and well-equipped public spaces. The parks feature expansive green areas, …

DUBAI/WAM At the heart of the Hatta region, the ‘Hatta Unites Us’ festival continues to highlight inspiring stories of home-based entrepreneurs who represent a key pillar of the event. Organised by the Community Development Authority in Dubai (CDA), in partnership with Brand Dubai, the creative arm of the Government of Dubai Media Office, and the Supreme Committee to Oversee the …

DAVOS/WAM The UAE Pavilion at the 56th Annual Meeting of the World Economic Forum 2026, held in Davos, Switzerland from 19th to 23rd January, hosted a high-level dialogue session titled “Artificial Intelligence, Sustainability, and the Question of What We Optimise For.” The session examined the evolving relationship between artificial intelligence and sustainability, and explored whether prevailing economic and technological models …

NEW DELHI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Narendra Modi, Prime Minister of the Republic of India, met on Monday for talks aimed at enhancing bilateral cooperation across various fields. The discussions were held within the framework of the two countries’ longstanding ties, reflected in their Comprehensive Strategic Partnership and Comprehensive Economic Partnership. …

ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) has taken another major step in shaping the future of financial services as part of its Vision 2035 by rolling out Open Finance, marking a key milestone in the UAE’s Open Finance journey under AlTareq, the Central Bank of the UAE’s (CBUAE) Open Finance Initiative. ADIB is among the first banks in the …