News

ABU DHABI/ WAM EDGE, one of the world’s leading advanced technology and defence groups, has announced the signing of a major AED9 billion (US$2.45 billion) defence contract with the Kuwait Ministry of Defence for the supply of FALAJ3 62-metre missile boats. This contract marks the largest naval shipbuilding export in the region and ranks among the highest-value naval export deals ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Qaiwain, at Qasr Al Bahr. During the meeting, Their Highnesses exchanged greetings with guests at the majlis and engaged in friendly conversation. They also discussed several topics related to national ...

KUWAIT CITY/ WAM His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, received today at Bayan Palace, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, who is on an official visit to Kuwait. During the meeting, His Highness Sheikh Mansour bin Zayed conveyed the greetings ...

SOCOTRA ISLAND/ WAM As part of the strategic partnership between the United Arab Emirates and the World Health Organisation (WHO), the Khalifa bin Zayed Al Nahyan Foundation for Humanitarian Works has launched a humanitarian initiative to combat malnutrition among children and women in Socotra Island in Yemen. The initiative reflects the UAE’s commitment to help nations around the world improve ...

SHARJAH / WAM United Arab Bank PJSC (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its issued share capital by an amount up to AED1,031,275,325 (one billion thirty-one million two hundred seventy-five thousand three hundred twenty-five dirhams) from AED2,062,550,649 (two billion sixty-two million five hundred fifty thousand six hundred forty-nine dirhams) up to ...

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced the implementation of the Midday Break, prohibiting work under direct sunlight and in open-air spaces between 12:30 pm and 3:00 pm, from 15 June to 15 September 2025. Now in its 21st consecutive year, the Midday Break is rooted in a sustainability-centred approach that the UAE implements ...

DUBAI / WAM Dubai Future Academy, the capacity-building arm of the Dubai Future Foundation (DFF), has launched eight new training programmes for 2025 aimed at equipping leaders, professionals, and future-focused individuals across all sectors with the critical skills of foresight, artificial intelligence, and innovation. The courses are scheduled to run throughout the year, and they are aligned with DFF’s efforts ...

DUBAI / WAM The Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), reported a year of strategic growth in 2024, including over US$1.65 billion in capital commitments and support for more than 190 portfolio companies. The figures were released during the Fund’s Annual General Meeting, where the Board ...

ABU DHABI / WAM ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction on ...

KUWAIT / WAM Khalifa Shaheen Al Marar, Minister of State, led the UAE delegation to the 164th session of the Gulf Cooperation Council (GCC) Ministerial Council Meeting, held in the State of Kuwait. The session concluded with a final statement outlining recent updates on joint GCC initiatives, regional and global political developments, and the GCC’s position on files of mutual ...