Friday , 13 February 2026

Local News

EMSTEEL revenues reach AED8.9 billion in 2025

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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Presight, Khazna to build AI system to manage UAE’s largest data centre

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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UAE President receives phone call from Grand Imam of Al-Azhar

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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DLD launches Phase II of Real Estate Tokenisation Project

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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G42, Vietnamese consortium to build national AI infrastructure

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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UAE President receives Egyptian President on arrival in Abu Dhabi

ABU DHABI / WAM His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, arrived in the UAE on Monday on a fraternal visit. UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received President El-Sisi upon his arrival at the Presidential Flight in Abu Dhabi. Also present to welcome the Egyptian President were H.H. Sheikh Hamdan …

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UAE and Egyptian Presidents review bilateral ties and regional developments

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Monday with His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in Abu Dhabi. Their talks reviewed fraternal ties and cooperation across a range of fields, with a focus on priority areas that serve the development ambitions of both countries. The meeting took …

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Abu Dhabi’s GDP expands 7.7%, non-oil economy grows 7.6% in Q3

ABU DHABI/WAM The Statistics Centre – Abu Dhabi (SCAD) has reported that Abu Dhabi’s economy expanded by 7.7 percent in the third quarter of 2025 (July to September) compared to the same period in 2024, reaching its highest quarterly value on record at AED325.7 billion. The non-oil economy recorded solid growth of 7.6 percent year-on-year, reflecting sustained momentum across a …

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