DUBAI/WAM Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) have signed an Agreement of Heads of Terms to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility (ISRF) in Cochin, Kerala. The MoU was exchanged in the presence of the Union Minister of Ports, Shipping and Waterways (MoPSW) Shri Sarbananda Sonowal, and …
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Khaled bin Mohamed bin Zayed meets AstraZeneca Chairman, board members
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 Michel Demaré, Chair of AstraZeneca, a global leader in the biopharmaceutical industry. The meeting, attended by members of AstraZeneca’s Board of Directors, discussed opportunities to strengthen the strategic partnership with the company, and explored …
Read More »UAE leaders congratulate President of Türkiye on Republic Day
ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Recep Tayyip Erdoğan of the Republic of Türkiye on the occasion of the Republic Day. 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, …
Read More »ADNOC Drilling net profit up 17% to $1.06 billion in 9M 2025
ABU DHABI/WAM ADNOC Drilling Company PJSC on Tuesday reported record financial results for the first nine months (9M) of 2025, with revenue rising 27 percent year-on-year to $3.63 billion and net profit up 17 percent to $1.06 billion. Free cash flow surged 174 percent to $1.2 billion. The results delivered record profitability and cash generation, driven by strong operational execution, …
Read More »UAE leaders condole with Saudi King over passing of Haifa bint Turki
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of Princess Haifa bint Turki bin Mohammed bin Saud Al Kabir. His Highness Sheikh Mohammed bin …
Read More »Khaled bin Mohamed bin Zayed meets Chair and CEO of Cisco
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 Chuck Robbins, Chair and Chief Executive Officer of Cisco, a global leader in information technology and network systems. The meeting explored opportunities for collaboration in enhancing digital infrastructure, advancing smart transformation across key sectors, …
Read More »United Arab Bank’s net profit rises to AED316 million, up 49% in nine months
SHARJAH/WAM United Arab Bank (UAB) has announced its financial results for the nine months ended 30th September 2025. The bank posted a net profit of AED316 million for the first nine months of 2025, compared to AED212 million for the same period last year, representing a 49 percent year-on-year (YoY) increase. Total income rose 28 percent YoY to AED580 million. …
Read More »Khaled bin Mohamed bin Zayed meets Co-Chief Executive Officer of Oracle
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 Mike Sicilia, Co-Chief Executive Officer of Oracle, a global leader in information technology and database management. The meeting explored opportunities for collaboration in line with Abu Dhabi’s digital transformation agenda and its vision to …
Read More »UAE President receives Ruler of Ras Al Khaimah
ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, accompanied by His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. During the meeting at Qasr Al Shati in Abu Dhabi, …
Read More »ADPIC launches ADIS Roadshows 2025, showcasing US$54bn+ infrastructure pipeline
ABU DHABI/WAM Following the success of the inaugural Abu Dhabi Infrastructure Summit (ADIS), the Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced the launch of the ADIS Roadshows 2025, a global event to spotlight Abu Dhabi’s more than US$54 billion pipeline of infrastructure and urban development projects. The international roadshows will take place in Singapore on 27th October, China …
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