BEIJING/ WAM The Mohamed bin Zayed Water Initiative has signed a Memorandum of Understanding with the Institute of Seawater Desalination and Multipurpose Utilisation (ISDMU), part of the People’s Republic of China’s Ministry of Natural Resources, to collaborate on efforts to accelerate technological innovation in desalination. The MoU, signed during a ceremony attended by Hussain bin Ibrahim Al Hammadi, UAE Ambassador ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written message from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, inviting him to attend the upcoming GCC-US Summit scheduled to take place in Riyadh later this month. The message was received by Omar Obaid Alshamsi, Under-Secretary ...

ASTANA/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has held official talks with Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, at the Presidential Palace in Astana. President Kassym-Jomart Tokayev welcomed His Highness and the accompanying UAE delegation, reaffirming the strong bilateral ties between the two nations and expressing Kazakhstan’s commitment to ...

ABU DHABI/WAM The UAE Banks Federation (UBF) has reiterated its commitment to enhance the efforts of its member banks to develop the necessary frameworks, under the direct supervision of the Central Bank of the UAE. This ensures the best utilisation of advanced technologies in the banking industry and maintains the UAE’s leading position in driving financial and banking innovation and ...

ABU DHABI/WAM ADNOC Logistics and Services (ADNOC L&S) plc announced on Monday financial results for the first quarter (Q1) ending 31st March 2025. ADNOC L&S revenue for Q1 was $1,181 million (AED4,339 million), a 41 percent year-on-year increase. EBITDA rose by 20 percent to $344 million (AED1,262 million) in the same period, driven by robust performance across all business segments, ...

DUBAI/WAM The United Arab Emirates (UAE) has maintained its leading position among countries with “very high human development” climbing 11 spots globally in the 2025 Human Development Index (HDI) report issued by the United Nations Development Programme (UNDP), compared to its 2021–2022 ranking. The United Arab Emirates ranked 15th globally out of 193 countries covered by the report, outperforming nations ...

DUBAI/WAM Dubai has launched the Shared Digital Channels Initiative in collaboration with various government entities, marking a transformative step towards a unified, user-centric digital government model. The initiative aims to simplify access to services for residents, businesses and visitors through seamless, integrated platforms. The launch took place in the presence of Abdulla Mohammed Al Basti, Secretary-General of The Executive Council ...

ABU DHABI/WAM Barclays Bank, one of the world’s leading financial institutions, announced it has initiated coverage of five of ADNOC’s listed companies, placing a positive “overweight” rating on each and calling investment in ADNOC’s ecosystem a strategic imperative for global portfolios. The overweight rating for the five companies – ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC Logistics & Services, and ...

DUBAI/WAM AqlanX, a UAE-based artificial intelligence company, on Sunday announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the UAE’s NextGen FDI initiative, will accelerate AqlanX’s mission to localise and expand the proven enterprise automation capabilities of DoxAI across the ...

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in Astana, the capital of the Republic of Kazakhstan, on an official visit, at the invitation of His Excellency President Kassym-Jomart Tokayev. His Highness was received upon arrival at Astana International Airport by His Excellency Olzhas Bektenov, ...