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 ...

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 ...

ABU DHABI/ WAM US President Donald Trump arrived in Abu Dhabi today on a state visit to the United Arab Emirates. UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan welcomed the US President and his accompanying delegation as they arrived at the Presidential Airport. Also present to receive the US President were His Highness Sheikh Tahnoon bin Zayed ...

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 ...

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 ...

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, ...

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 ...

ABU DHABI/ WAM ADNEC Group has signed a Memorandum of Understanding (MoU) with Informa, a leading global organiser of exhibitions and events, marking the beginning of a significant collaboration to advance the exhibitions sector in Al Ain. This collaboration will focus on delivering impactful events that support Al Ain’s economic and tourism growth, in line with the Emirate of Abu ...

ABU DHABI/ WAM The Ministry of Higher Education and Scientific Research (MoHESR) has announced a strategic collaboration with Emirates Global Aluminium (EGA) to support the National Scholarship Programme to provide better educational and career opportunities for Emirati students in priority engineering disciplines. This partnership reflects both entities’ shared commitment to developing local talent, aligning higher education outcomes with labour market ...

DUBAI/ WAM National Bonds, the UAE’s leading Sharia-compliant savings and investment company, in partnership with Knowledge Fund Establishment, has announced a new phase of its financial education initiative “Young Investor Programme” in UAE schools, to reach 50 schools nationwide over the next three years, engaging 75,000 students.\ This growth follows strong engagement from students, parents, and educators during the programme’s ...