ABU DHABI/WAM The United Arab Emirates expressed its solidarity with the Socialist Republic of Vietnam over the deaths and injuries of dozens of passengers after a boat capsized in Ha Long Bay due to adverse weather conditions. In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences and sympathy to the families of the victims, and to ...

DUBAI/WAM DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved through a combination of DP World’s own lending operations and partnerships with more than 32 financial institutions globally, ...

ABU DHABI/WAM First Abu Dhabi Bank (FAB) has delivered a record financial performance in the first half of 2025, reporting a net profit of AED10.63 billion, up 26 percent year-on-year, surpassing the AED10 billion mark for the first time in a half-year period. Earnings per share grew 27 percent yoy to AED0.93 in H1’25 and Return on Tangible Equity (RoTE) ...

ABU DHABI/WAM The UAE’s trade in telecommunication services increased by 4.3 percent in 2024, reaching AED10.2 billion, compared to AED9.8 billion in 2023, according to data released by the Federal Competitiveness and Statistics Centre (FCSC). This growth was largely driven by a strong performance in the fourth quarter of 2024, which recorded a year-on-year increase of 12.95 percent, bringing the ...

ABU DHABI/WAM Under the patronage of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Abu Dhabi Awards has officially launched its 12th edition. Coinciding with the UAE’s Year of Community, and marking 20 years since the inception of Abu Dhabi Awards in 2005, this milestone edition invites citizens, residents, and non-residents to nominate individuals whose selfless acts ...

ABU DHABI/WAM The total number of violators of the Entry and Residency Law in the United Arab Emirates, who were apprehended by the Federal Authority for Identity, Citizenship, Customs and Port Security, exceeded 32,000 violators during the period from January to the end of June 2025. This was within the framework of the inspection campaigns carried out by the Authority ...

DUBAI/WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced that the number of Emiratis working in the private sector has surpassed 152,000, employed across 29,000 companies as of 30th June 2025 – the deadline set for achieving Emiratisation targets for the first half of the year. In a statement, the Ministry affirmed that the success of Emiratisation efforts in ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Jennifer Geerlings-Simons on the occasion of her election as President of the Republic of Suriname. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime ...

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 affirmed that Union Pledge Day is a significant national occasion that embodies the enduring values of allegiance, unity and steadfast dedication to the UAE’s founding principles. Marking the occasion, H.H. Sheikh Khaled bin Mohamed said, ...

ABU DHABI/WAM The Ministry of Finance and the Federal Tax Authority (FTA) have announced an amendment to the excise tax mechanism applied to sugar sweetened beverages (SSB’s), introducing a tiered volumetric model that links the tax value on each litre of a sugar sweetened beverage to its sugar content per 100ml. The higher the sugar content per 100ml, the higher ...