Local News

ABU DHABI/WAM Alpha Dhabi Holding has announced its financial results for the first half of 2025, reporting a net profit of AED6.6 billion. Adjusted EBITDA rose to AED8.7 billion, marking a 34 percent increase compared to the same period last year. Alpha Dhabi’s sustained focus on capturing strategic opportunities and continued momentum in executing its strategy across key verticals is ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to President Patrice Talon of Benin, and President Karin Keller-Sutter of the Swiss Confederation on the occasion of their countries’ National Days. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

ABU DHABI/WAM Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 4th Abu Dhabi Finance Week (ADFW), hosted by ADGM in collaboration with ADQ, will take place from 8th to 11th December 2025 under the theme Engineering the Capital Network. The agenda ...

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 attended specialised demonstrations presented by the 22nd cohort of the UAE National Service Programme for the 2024–2025 training year, held at Sweihan Training Centre in Abu Dhabi. The ceremonial event commenced with the ...

ABU DHABI / AD MEDIA OFFICE The Environment Agency – Abu Dhabi (EAD) has been awarded two prestigious accolades at the 2025 Global Good Governance (3G) Awards, making it the first government entity in Abu Dhabi to receive this international recognition. The agency received the 3G Leadership Award in Sustainability Governance and the 3G ESG Championship Award — with both ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain the interest rate applicable to ...

ABU DHAB/WAM Etihad Airways continues to reinforce its position as a leader in global aviation, expanding strategic partnerships that connect world-class airlines to Abu Dhabi and broaden travel opportunities for millions of visitors. With over 40 codeshare partners in its network, Etihad connects travellers to more than 100 destinations across its own network and over 300 destinations through its partners, ...

ABU DHABI / WAM Borouge Plc, a leading petrochemicals company providing innovative and differentiated polyolefins solutions, today announced a net profit of $193 million for the second quarter of 2025, exceeding market expectations. The results reflect disciplined execution of the planned Borouge 3 turnaround, with the company maintaining strong margins and healthy cash generation on the back of effective cost ...

DUBAI/WAM The UAE, Malaysia, and Rwanda signed a strategic partnership to strengthen coordination to help boost AI adoption in the Global South. Within the framework of the Centre for the Fourth Industrial Revolution (C4IR) global network, the countries will work together to promote ethics and governance in AI to help societies and economies in the Global South harness its potential. ...

DUBAI / WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the UAE Cabinet has approved a resolution to reorganise the UAE Gender Balance Council. This step reinforces the UAE’s steadfast commitment to enhancing the participation of all community segments in the nation’s development journey, promoting equal opportunities, and solidifying ...