News

ABU DHABI/WAM The UAE has announced that it will host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) in Abu Dhabi, in yet another vote of international confidence in the country’s economy. The move will further reinforce the UAE’s position as a global financial hub as well as a key partner in supporting …

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) issued today its 2025 annual report, highlighting the achievements and strategic initiatives that have been key pillars in driving national economic growth and strengthening the resilience of the financial, banking, and insurance sectors, in line with the UAE’s strategic objectives and future aspirations. The report underscores the financial system’s …

RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Friday received Radha Krishna Panday, Ambassador of Canada to the UAE, on the occasion of the end of his tenure. During the meeting, held at the RAK Ruler’s palace in Saqr bin Mohammed City, H.H. Sheikh Saud underscored the strength …

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced that the 35th Abu Dhabi International Book Fair (ADIBF) will be held from 13 to 18 September 2026, instead of its originally scheduled date in April. The decision was based on …

ABU DHABI/WAM Mubadala continued in 2025 its efforts to strengthen the national economy, supporting the creation of high-quality jobs in the UAE, facilitating inward capital flows, and accelerating the development of industries that underpin the nation’s long-term competitiveness. The UAE Investments platform reinforced its role in national value creation and economic diversification. Mubadala contributed AED45 billion in GDP impact, equivalent …

GAZA/WAM The United Arab Emirates, as part of “Operation Chivalrous Knight 3,” continues its ongoing humanitarian efforts through the Humaid Air Bridge, delivering 100 tonnes of urgent relief aid to the people of the Gaza Strip, in line with its sustained support and commitment to alleviating humanitarian suffering. The latest shipment included quantities of essential food supplies, contributing to meeting …

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with Bruce Flatt, CEO of asset and alternative investment management company Brookfield Corporation. The meeting explored ways to strengthen cooperation in investment and asset management between UAE-based institutions and Brookfield, in line with global …

DUBAI / WAM The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has announced that the value of educational endowment assets registered with the Foundation reached AED718 million in 2026, marking a 52 percent increase compared to the previous year. The assets, distributed across 52 endowments, are dedicated to supporting the education sector and empowering students from low-income families. …

ABU DHABI / WAM The Ministry of Defence announced that on 9th April 2026, UAE air defence systems did not detect any ballistic missiles, cruise missiles, or UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. No injuries were recorded …

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi–based sovereign investor, on Thursday reported strong financial performance in its 2025 annual results. Assets under management grew 17 percent to AED1.4 trillion (US$385 billion), with annualised five- and ten-year returns exceeding 10 percent. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO, commented, “The strength of Mubadala’s performance in 2025 …