DUBAI/WAM Drydocks World, a DP World company, has joined the Maritime Emissions Reduction Centre (MERC), expanding the consortium’s technical capabilities and industry collaboration. The agreement brings one of the world’s leading ship repair and retrofit facilities into the Athens-based non-profit industry collaboration, which was co-established by the Lloyd’s Register Maritime Decarbonisation Hub and leading shipowners Capital Group, Navios Maritime Partners, …
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Waha Capital reports record AED1.012bn net profit for FY2025
ABU DHABI/WAM Waha Capital PJSC, an Abu Dhabi-listed investment management company, delivered one of its strongest years on record, reporting FY 2025 net profit attributable to shareholders of AED1.012 billion, driven by increased fee income and value realisation across portfolio assets. The company delivered total income of AED1,897 million in FY 2025, and net profit attributable to shareholders of AED1,012 …
Read More »Under the patronage of Theyab bin Mohamed bin Zayed, Open Masters Games Abu Dhabi 2026 concludes in emirate
ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, the Open Masters Games Abu Dhabi 2026 have officially drawn to a close with a memorable Farewell Ceremony, marking the conclusion of a one-of-a-kind international sporting celebration. Over …
Read More »UAE President holds phone call with Greek Prime Minister
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Monday with His Excellency Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic, during which they discussed bilateral relations and ways to further strengthen ties under the Comprehensive Strategic Partnership between the two countries. Both sides reaffirmed their shared commitment to continuing to advance …
Read More »Ma’an allocations for social development projects in 2025 reached AED220m+
ABU DHABI / AD MEDIA OFFICE The Authority of Social Contribution – Ma’an, the Abu Dhabi Government’s official channel to receive social contributions, has announced the release of its community contribution deployment report for 2025, highlighting the measurable impact of social projects supported by the authority in driving social development in Abu Dhabi. During 2025, the authority raised and deployed …
Read More »UAE leaders congratulate President of China on Lunar New Year
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message to President Xi Jinping of China, congratulating him on the Chinese Lunar New Year. 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 …
Read More »Union Insurance Continues to Deliver Strong Results as Net Profit Soars by 20% in FY2025
DUBAI / GULF TIME Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, announced today its financial results for the 2025 fiscal year. The robust performance is attributed to a strategic focus on core portfolio growth and a commitment to underwriting excellence, as demonstrated by the following financial indicators: …
Read More »UAE and Turkish Presidents discuss bilateral cooperation
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today held a phone call with His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye, during which they discussed cooperation between the two countries and ways to further strengthen it in support of their shared interests and for the benefit of their peoples. The two leaders …
Read More »301st aid convoy enters Gaza under Operation Chivalrous Knight 3
GAZA/WAM Operation Chivalrous Knight 3 continues to dispatch UAE humanitarian aid convoys to the Gaza Strip, with convoy number 301 entering the Strip carrying more than 290 tonnes of food parcels and supplies, as part of the UAE’s ongoing efforts to support the Palestinian people and alleviate their suffering amid difficult humanitarian conditions. The new convoy forms part of the …
Read More »ADNOC’s listed firms report AED190.1b in revenues for 2025
ABU DHABI/WAM ADNOC Group’s listed companies reported record financial results for the full year 2025, demonstrating sustained momentum across the Group’s integrated value chain and highlighting continued delivery against the growth and shareholder value commitments set out at the Company’s inaugural Investor Majlis, held in October 2025. Collectively, the six companies reported revenues of AED190.1 billion (US$51.8 billion), EBITDA of …
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