Local News

DUBAI/WAM The General Civil Aviation Authority (GCAA) has issued the world’s first regulatory framework for hybrid operations, enabling both electric Vertical Take-Off and Landing aircraft (eVTOLs) and conventional helicopters to operate interchangeably on the same infrastructure. This innovative regulatory framework represents a significant leap in integrating Advanced Air Mobility (AAM) solutions into existing aviation systems. It offers a cost-effective model ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic, held a phone call today to discuss bilateral cooperation across various fields. The two leaders reviewed key areas of collaboration, particularly in the sectors of economy, investment, advanced technology, artificial intelligence, food security, renewable energy, and sustainability. ...

AJMAN/WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, in the presence of H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, today received the top high school students in the emirate for the 2024–2025 academic year. The reception, held at the Ruler’s Court, also welcomed ...

ABU DHABI/WAM Hotel establishments in Abu Dhabi generated revenues amounting to AED847 million in April 2025, comprising AED540 million from rooms, AED256 million from food and beverage, and AED51 million from other services. According to preliminary data released by the Department of Culture and Tourism – Abu Dhabi and issued by the Statistics Centre – Abu Dhabi, hotels across the ...

ABU DHABI/WAM Aldar has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region of Abu Dhabi from Waha for AED530 million. The assets, which are located at ALMARKAZ Industrial Park – a flagship Industrial and Business Park Development – add 182,500 sqm of net leasable area (NLA) to Aldar Investment’s income-generating logistics portfolio. The freehold ...

ABU DHABI/WAM AL TAIF, the leading provider of maintenance, repair and overhaul (MRO) services and an entity of EDGE, one of the world’s leading advanced technology and defence groups, has signed a Memorandum of Understanding (MOU) with ST Engineering Land MRO & Services, a Singapore-based global technology, defence and engineering group. The preliminary agreement was signed by Rashed Al Kaabi, ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a delegation from the UAE Pilgrims’ Affairs Office and affiliated committees responsible for supporting Emirati pilgrims during this year’s Hajj. The meeting took place at Qasr Al Bahr in Abu Dhabi. His Highness praised the Office’s efforts in delivering comprehensive support to UAE pilgrims, from their ...

ABU DHABI / WAM Modon has announced the launch of Wadeem, its first residential plots release on Hudayriyat Island to offer discerning buyers the opportunity to design and build their own homes in one of Abu Dhabi’s most desirable emerging locations. Set opposite Abu Dhabi’s Al Bateen area, Wadeem features more than 1,700 plots, each with ample room for a ...

DUBAI / WAM Autoworld International FZCO, the regional distributor for India’s Bajaj Auto Ltd, has announced an investment of AED45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld’s ability to serve rapidly growing markets across Africa and the Middle East. The agreement was officially signed in the ...

ABU DHABI / WAM Mubadala Investment Company announced its agreement to acquire a 30 percent stake in Loscam International, a provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region. Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia’s leading independent private equity firms; ...