Saturday , 23 May 2026

Sheheer

TAQA reports AED6.1 billion net income for first nine months of 2025

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ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment. The company posted AED16.0 billion in EBITDA, with net income …

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US direct investment in Dubai hits AED14.3 billion in H1 2025

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NEW YORK/WAM Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. This figure is double the total US investment in the Emirate during 2024, reflecting a strategic indicator of Dubai’s growing appeal …

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Khaled bin Mohamed bin Zayed meets executive management delegation from Brookfield Corporation

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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 met with a delegation from global investment management company Brookfield Corporation. The delegation included Bruce Flatt, Chief Executive Officer of Brookfield Corporation; Frank McKenna, Chairman of Brookfield Board of Directors; as well as several board …

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UAE President meets Mohammed bin Rashid

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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Thursday with His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The meeting took place in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. During …

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UAE ranks among global leaders in digital-asset regulation

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ABU DHABI/WAM The United Arab Emirates has emerged as one of the world’s most advanced digital-asset markets, according to the Global Digital Assets Report 2025 issued by the Global Finance & Technology Network (GFTN) in collaboration with Arthur D. Little. Released during the Singapore FinTech Festival 2025, the study highlights how the UAE’s regulatory progress is setting international standards for …

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Mennasah presents 850 Emirati titles at SIBF 2025

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SHARJAH/WAM Menassah Distribution is presenting 850 of the latest titles from Emirati publishers at its pavilion during the 44th Sharjah International Book Fair, which runs until 16th November. The company continues to connect readers with books and enhance the experience of visitors at what has become one of the world’s largest and most prominent cultural and literary gatherings. Under this …

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UAE, Chad Presidents review bilateral cooperation

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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday welcomed His Excellency Mahamat Idriss Déby Itno, President of the Republic of Chad, who is on a working visit to the UAE during which he took part in the UAE–Chad Trade and Investment Forum. During their meeting at Qasr Al Bahr in Abu Dhabi, the two …

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UAE sends fifth aid plane to support Afghanistan earthquake victims

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ABU DHABI/WAM The United Arab Emirates has continued its relief efforts to support those affected by the earthquake that struck northern Afghanistan. To date, the UAE has dispatched five aircraft carrying a total of 5,400 food baskets weighing 135 tonnes to assist and support those impacted by the earthquake’s aftermath.\ The fifth plane arrived within the past 24 hours, carrying …

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ADIO announces 29 strategic partnerships at ADAW

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ABU DHABI/WAM Abu Dhabi Investment Office (ADIO) has announced 29 commercial deployment agreements for autonomous mobility technologies on the sidelines of Abu Dhabi Autonomous Summit, held as part of the inaugural Abu Dhabi Autonomous Week (ADAW). Marking a decisive moment in global smart mobility, the landmark deals, secured by ADIO with partnerships involving K2, LODD Autonomous (LODD), Autologix, Sinaha, TractEasy, …

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