News

ABU DHABI/WAM Mubadala Energy, the Abu Dhabi-headquartered international energy company, on Thursday announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia’s Gross Split scheme. The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100 percent participating interest and …

GAZA/WAM The United Arab Emirates has dispatched its 328th humanitarian aid convoy to the Gaza Strip as part of “Operation Chivalrous Knight 3”, carrying a shipment of children’s clothing under the “Clothing of Hope for Our Children in Gaza” initiative. The convoy, which has arrived in Gaza, consists of 15 trucks loaded with 270 tonnes of clothing and garments for …

ABU DHABI/WAM The United Arab Emirates, the State of Kuwait, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the State of Qatar, and the Hashemite Kingdom of Jordan renew their condemnation in the strongest terms of the blatant Iranian attacks, which constitute a flagrant violation of their sovereignty, territorial integrity, international law, international humanitarian law, and the Charter of …

AD MEDIA OFFICE / ABU DHABI The Abu Dhabi Chamber of Commerce and Industry (ADCCI) this week hosted a series of high-level meetings bringing together government bodies and business leaders to address market stability and supply chain challenges amid evolving global economic conditions. More than 80 public and private entities participated in the three-day dialogue sessions. Key stakeholders included the …

ABU DHABI/WAM The UAE air defences on Thursday intercepted 15 ballistic missiles and 11 UAVs launched from Iran. Since the start of the blatant Iranian attacks, UAE air defences have intercepted 372 ballistic missiles, 15 cruise missiles and 1,826 UAVs. The attacks resulted in the martyrdom of two members of the armed forces while performing their national duty, in addition …

DUBAI / GULF TIME Hala, Dubai’s most convenient e-hailing taxi solution, has wrapped up its Ramadan initiative raising AED 300,000 to support its Captains during the Holy Month of Ramadan. Launched in partnership with Careem, Hala matched every customer tip, while also facilitating the distribution of over 17,000 iftar meals. At a time when the region comes together with a …

DUBAI / GULF TIME Talabat UAE has launched a new initiative to support homegrown restaurants by providing 100 cloud kitchen spaces rent-free until September 2026. The program is designed to help homegrown brands built in the UAE continue reaching customers, serving their communities, and focusing on growth. Restaurants play a central role in the UAE’s economic and social landscape, supporting …

DUBAI / GULF TIME The world is going through difficult times. Across the GCC, homegrown brands with genuine potential are struggling — not because their products aren’t good enough, but because they don’t have the platform to prove it. Citron built that platform. The Dubai-born kids’ lifestyle brand started in 2017 as a single lunchbox made by a mum who …

DUBAI/ WAM The Annual General Meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower), held with a quorum of 85 percent of the company’s paid-up share capital, approved the Board of Directors’ proposal to distribute cash dividends of AED437.5 million (4.375 fils per share equivalent to 43.75% of the company’s paid-up capital) to shareholders for second half of …

DUBAI / WAM Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers across SMEs and large corporates, …