ABU DHABI / WAM Abu Dhabi National Insurance Company (ADNIC) recorded net profit after tax of AED479.9 million in 2025, marking an increase of 14.4 percent, while profit before tax reached AED533.1 million, up 14.3 percent compared to 2024. Total insurance revenues of Abu Dhabi National Insurance Company amounted to AED8.3 billion, compared to AED7.2 billion in the same period …
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ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of Mubadala Investment Company, chaired a meeting of the company’s Board of Directors at Qasr Al Watan in Abu Dhabi. During the meeting, the board approved the group’s business plan for …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at Qasr Al Bahr in Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime …
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ABU DHABI / WAM EMSTEEL on Tuesday announced its financial results for Full Year (FY) 2025, reporting revenues of AED8.9 billion for FY 2025, marking a 7 percent increase compared to the same period last year. During 2025, EMSTEEL delivered strong operational results, increasing total steel sales volumes by 7 percent year-on-year (YoY). Robust UAE market demand, combined with increased …
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ABU DHABI / WAM Khazna Data Centers, a global leader in hyperscale digital infrastructure, has signed a long term, commercially significant contract with Presight to deploy an AI optimised facility management solution and a centralised command and control centre. The agreement builds on the strategic collaboration announced at GITEX Global 2025 and supports the launch of Khazna NexOps, a dedicated, …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Eminence Professor Dr Ahmed el-Tayeb, Grand Imam of Al-Azhar. During the call, the two sides discussed joint initiatives between the UAE and Al-Azhar, particularly those aimed at promoting the values of coexistence and dialogue among peoples and cultures in …
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SHARJAH/WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree regarding the attachment of Al Muntada Al Islami to the Department of Islamic Affairs (DIA). The decree stipulates that Al Muntada Al Islami shall be attached to the Department of Islamic Affairs in the Emirate of Sharjah and …
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RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, attended a dinner held at Al Jazeera Al Hamra Heritage Village in Ras Al Khaimah, hosted by the embassies of Costa Rica, El Salvador and Guatemala to celebrate Central American cuisine. The dinner was attended by Francisco Chacón Hernández, Ambassador of …
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DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of the Real Estate Tokenisation Project, marking the start of resale activity in the secondary market starting from 20 February, in a strategic step that reflects the project’s transition from a pilot phase to a more advanced operational stage, within a regulated model that enhances the …
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HO CHI MINH / WAM G42, the Abu Dhabi-based technology holding group, and a consortium comprising the FPT Corporation and the Viet Thai Group, have signed a Framework Cooperation Agreement to develop sovereign AI capabilities and cloud infrastructure across Vietnam. The initiative aims to support Vietnam’s ambition to become an AI-native society and a leading AI hub in Southeast Asia, …
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