ABU DHABI/WAM Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX) listed alternative investment company founded by the Investcorp Holdings B.S.C. (c ) group (Investcorp), today announced the acquisition of a diversified US industrial real estate portfolio with an aggregate value of more than $200 million, comprised of 19 industrial properties totaling approximately 1.4 million square feet across Dallas–Fort Worth, …
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Modon, Montage Hotels & Resorts partner to bring ultra-luxury hospitality brand to Egypt’s Ras El Hekma
RAS EL HEKMA/WAM Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism. Montage Ras El Hekma …
Read More »NYU Abu Dhabi and OceanX partner with Natural History Museum Abu Dhabi to launch OceanX Education Portal
ABU DHABI / AD MEDIA OFFICE The OceanX Education Portal, a first-of-its-kind immersive projection dome experience, is now on display at the Natural History Museum Abu Dhabi until December 2026. The portal invites visitors to explore beneath the surface of the Arabian Gulf and Gulf of Oman, offering an experiential window into ocean science, exploration, and discovery. Developed through a …
Read More »UAE Council for Fatwa confirms sighting of Dhul Hijjah crescent, Eid Al Adha to begin on 27 May
ABU DHABI/WAM The UAE Council for Fatwa announced the sighting of the crescent moon marking the beginning of Dhul Hijjah for the year 1447 AH this evening, Sunday, 29th Dhul Qa’dah 1447 AH, corresponding to 17th May, 2026. The announcement followed the review of moon-sighting results and observation reports submitted by specialists, experts and traditional moon-sighters across the UAE through …
Read More »UAE condemns terrorist targeting of Barakah Plant perimeter
ABU DHABI/WAM The United Arab Emirates has condemned in the strongest terms the unprovoked terrorist attack targeting an electricity generator outside the inner perimeter of the Barakah Nuclear Power Plant in Al Dhafra region, carried out by a drone that entered the country’s territory from the western border direction, without causing any injuries or any impact on radiation safety levels. …
Read More »DEWA opens registration for WETEX 2026
DUBAI/WAM Dubai Electricity and Water Authority (DEWA) has opened registration for the 28th edition of the Water, Energy, Technology and Environment Exhibition (WETEX), which will take place from 20th to 22nd October 2026 at the Dubai World Trade Centre. WETEX is one of the leading specialised exhibitions of its kind in the world and the largest in the region. It …
Read More »Masdar, RWE receive planning permission for 3GW Dogger Bank South offshore wind farm projects
ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar – and Global clean power leaders RWE welcomed the decision made by Lord Whitehead on behalf of the UK Energy Secretary’s legal authority to approve the Development Consent Order for the two Dogger Bank South (DBS) offshore wind farms. The proposed wind farms, DBS West and DBS East, are expected …
Read More »Khaled bin Mohamed bin Zayed attends Abu Dhabi Infrastructure Summit
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 attended the second Abu Dhabi Infrastructure Summit (ADIS), hosted by the Abu Dhabi Projects and Infrastructure Centre (ADPIC) at ADNEC Centre Abu Dhabi, under the theme Urban Evolution: Rethinking Cities, Redefining How We Live. During …
Read More »UAE President and Montenegro Prime Minister discuss cooperation and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Milojko Spajić, Prime Minister of Montenegro, who is on a working visit to the UAE. During the meeting, the two sides discussed ways to expand cooperation, particularly in the economic, trade, investment, and renewable energy sectors, in support of both countries’ development priorities. They affirmed …
Read More »AD Ports Group’s total net profit rises 41% in Q1
ABU DHABI/WAM AD Ports Group’s total net profit in Q1 2026 soared 41 percent YoY to AED653 million during the first quarter of 2026, as a result of operating leverage, lower finance costs, and stronger contribution from joint ventures (JVs) and associates The group’s revenue surged 25 percent YoY to AED5.75 billion in Q1 2026, through pure organic growth, driven …
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