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EGA named Sector Partner for Advanced Infrastructure at ‘Make it in the Emirates’

ABU DHABI / WAM Emirates Global Aluminium (EGA) has been confirmed as the Sector Partner—Advanced Infrastructure—by ADNEC Group, at the fourth edition of Make it in the Emirates. The upcoming edition will provide a leading platform to spotlight the latest advancements in industry, strengthen collaboration, and showcase investment opportunities—further cementing Abu Dhabi’s role as a global centre for industrial innovation, ...

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Nasdaq Dubai welcomes $500mn Green Sukuk listing by OMNIYAT

DUBAI / WAM Nasdaq Dubai on Monday welcomed a US$500 million Green Sukuk by OMNIYAT, a leading Dubai-based real estate developer. The three-year Sukuk, maturing on 6th May 2028, was issued under a US$1 billion Trust Certificate Issuance Programme and carries a profit rate of 8.375%. The Sukuk will support the development of environmentally sustainable real estate projects across OMNIYAT’s ...

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Saud bin Saqr receives Canadian Consul-General, organisers of RAK Terry Fox Run

RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, emphasised that charitable work is a cornerstone of the UAE’s societal culture. It reflects the nation’s cultural progress and the deep-rooted values of generosity and humanitarian solidarity embraced by its people. H.H. Sheikh Saud made these remarks during a ...

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Dubai launches Shared Digital Channels Initiative, advancing integrated user-centred digital governance

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 ...

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Barclays Bank initiates coverage of five ADNOC stocks

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 ...

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AqlanX secures $10m investment from DoxAI to launch Arabic-first enterprise AI in Middle East

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 ...

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Crown Prince of Abu Dhabi arrives in Astana on official visit

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, ...

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UAE President receives phone call from Syrian President

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Ahmed Al-Sharaa, President of the Syrian Arab Republic. During the call, the two leaders discussed the fraternal relations between their countries and explored ways to strengthen bilateral cooperation in a manner that benefits their peoples. They also exchanged views ...

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Emirates achieves record profit of AED22.7b in 2024-25

DUBAI / GULF TIME The Emirates Group released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline. Both Emirates and dnata ...

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DET, Dubai Finance launch ‘Dubai In-Country Value Programme’

DUBAI / WAM The Dubai Department of Economy and Tourism (DET), in collaboration with the Dubai Department of Finance (DOF), has launched the ‘Dubai In-Country Value (ICV) Programme’, aimed at strengthening the local manufacturing sector by directing more government spending toward domestic suppliers. The initiative will be implemented through TASHAROK, the Government of Dubai’s Shared Procurement Programme. Managed by the ...

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