Sheheer

Public bus coverage now reaches 88% of Dubai’s urban areas: RTA

DUBAI/ WAM Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority stated that RTA’s drive to expand the use of smart systems and artificial intelligence in the public bus service has enhanced the efficiency of Dubai’s mass transit network. It has improved operational performance, reduced costs, ensured better adherence to schedules, and ...

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UAE, WEF set stage for launching GFCs in October

DUBAI/ WAM The UAE Government and the World Economic Forum (WEF) announced the launch of the 2025 edition of the Global Future Councils, to be held in Dubai on October 14 – 16, 2025. This landmark event continues a remarkable journey of collaboration between the UAE and the WEF, and builds on more than 16 years of success, with the ...

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400 UAE companies benefit from AED65.7b contract awards in H1

ABU DHABI/ WAM Nearly 400 local suppliers, contractors and service providers have received contract awards from ADNOC valued at AED65.7 billion in the first half of 2025 as the company deploys its purchasing power to boost socioeconomic growth, empower businesses and generate long-term value for the nation. The contracts span critical sectors such as drilling, logistics, operational support services, and ...

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Space42 advances strategy execution with solid Q1 2025 results

ABU DHABI/ WAM Space42 PLC today announced its pro forma consolidated financial results for Q1 2025. Since its launch in October 2024, Space42 has continued to execute across its four strategic growth pillars, building the operational and financial foundation needed to scale globally. In Q1 2025, revenue reached US$115 million. Despite this, the Company maintained a strong Normalised EBITDA margin ...

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Google for Startups Accelerator welcomes 26 Hub71 ventures

ABU DHABI/ WAM Hub71, Abu Dhabi’s global tech ecosystem, and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI, the ecosystem’s specialist vertical, and drive innovation across high-impact sectors from Abu Dhabi. A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access ...

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KEZAD announced as official enablement partner for Make it in the Emirates 2025

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of fully integrated and purpose-built economic zones in the region, is the official enablement partner for the fourth edition of Make it in the Emirates – a flagship platform driving the UAE’s transformation into a global industrial hub. Hosted by the Ministry of Industry and Advanced ...

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ADNIC records AED133.3m net profit before tax in Q1

ABU DHABI/ WAM Abu Dhabi National Insurance Company (ADNIC) has delivered strong financial results for the first quarter of 2025. It reported a net profit before tax of AED133.3 million, marking a 19.2 percent increase compared to the same period in 2024 as a result of strong underwriting and investment performance. ADNIC swiftly completed its integration and rebranding efforts following ...

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UAE President receives Prince Khalid bin Salman

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday received His Royal Highness Prince Khalid bin Salman bin Abdulaziz Al Saud, Minister of Defence of the Kingdom of Saudi Arabia, at Qasr Al Shati in Abu Dhabi. During the meeting, His Royal Highness conveyed the greetings of the Custodian of the Two Holy Mosques, ...

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UAE President reviews youth empowerment initiatives with Federal Youth Authority

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today reviewed the latest initiatives and flagship programmes of the Federal Youth Authority, along with its vision for empowering young people, supporting their aspirations, and enhancing their role in national development. This came during a meeting with a delegation from the Authority, as well as members of ...

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