Sunday , 26 July 2026

Sheheer

UAE strongly condemns renewed hostile attacks by Iran on Bahrain, Kuwait

ABU DHABI/WAM The United Arab Emirates has condemned in the strongest terms the renewed hostile attacks by Iran that targeted the Kingdom of Bahrain and the State of Kuwait with missiles and drones. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these hostile attacks constitute a flagrant violation of the sovereignty of the Kingdom of Bahrain and …

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UAE Aid Agency organises workshop on AI in humanitarian action

ABU DHABI/WAM The UAE Aid Agency organised a workshop on the role of artificial intelligence in humanitarian action, bringing together 40 donor entities from humanitarian organisations and charitable associations across the UAE to build capacity, develop skills and harness the capabilities of AI tools to enhance humanitarian, development and charitable efforts. Dr. Tareq Ahmed Al Ameri, Chairman of the UAE …

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Sheikh Mohammed bin Rashid: “The UAE ranked ninth globally among destinations for inbound FDI”

DUBAI/WAM The UAE attracted US$ 48.3 billion (AED 177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year. The country now ranks 9th globally among destinations for FDI, according to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report. His Highness Sheikh Mohammed bin …

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ADNOC, XRG, Mitsui to advance new opportunities across energy value chain

TOKYO/WAM ADNOC and XRG have signed a Strategic Collaboration Agreement (SCA) with Mitsui & Co., Ltd. (Mitsui) to unlock new growth opportunities across the energy value chain. The agreement was signed during the visit to Japan by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, Envoy of the Minister of Foreign Affairs to Japan, Managing Director and Group …

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Etihad expands its African network with new Fastjet Zimbabwe partnership

HARARE/WAM Etihad Airways and Fastjet Zimbabwe have signed a Memorandum of Understanding (MoU) to establish a new interline partnership, codeshare agreement and frequent flyer partnership with Fastjet Zimbabwe. The collaboration will enhance connectivity giving guests access to destinations currently flown by both airlines, on a single ticketing system. The agreement was signed in Harare on 7th July 2026, with sales …

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UAE President receives Emirates Foundation delegation

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a delegation from Emirates Foundation. During the meeting, His Highness expressed his appreciation for the efforts that have strengthened the Foundation’s role over the past two decades. He underscored the importance of national institutions and their community initiatives in strengthening social cohesion, reinforcing societal values, and …

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ADNEC posts record AED9.2b economic impact in 2025

ABU DHABI/WAM ADNEC Group, the primary driver of Modon’s events, catering and tourism pillar, celebrated its most successful year in 2025, achieving record economic impact and setting new milestones across all six of its business clusters. In 2025, ADNEC Group generated AED9.2 billion in economic impact, an 8% increase from AED8.5 billion in 2024. Through its business and leisure tourism …

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ADCB initiates coverage of three ADNOC listed companies at ‘Buy’

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) has initiated equity research coverage on three of ADNOC’s six listed companies, assigning a “Buy” rating to ADNOC Drilling, ADNOC Distribution and Borouge. In a sector report titled “The ADNOC Advantage,” the bank’s research division said the three stocks offer investors differentiated exposure to one of the world’s most strategically important integrated energy …

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