News

ABU DHABI/WAM The Department of Finance – Abu Dhabi organised the 2025 Budget Cycle event, expanding on its crucial position in creating an innovative financial ecosystem that fosters economic stability and prosperity within society. The event attracted noteworthy participation, with over 450 representing more than 60 government entities throughout the emirate, including Undersecretaries, Director Generals, and senior representatives. During the ...

ABU DHABI/WAM Bayanat and IMKAN Properties today signed a Memorandum of Understanding for the development of a smart mobility infrastructure project on SHA Island Emirates at AlJurf. The project will feature an integrated and AI-enabled transportation ecosystem that allows for fully autonomous driving on the world’s first healthy living island. Located in AlJurf, approximately halfway between Abu Dhabi and Dubai, ...

ABU DHABI/WAM In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, the General Budget Committee held its 11th meeting to discuss the draft general ...

ABU DHABI / AD MEDIA OFFICE In line with the Year of Sustainability, the Environment Agency – Abu Dhabi (EAD), in partnership with The National Aquarium (TNA) and Yas SeaWorld Research and Rescue Center (YSWRRC) has released a group of green, hawksbill and loggerhead rehabilitated turtles into their natural habitats, at the beach at Jumeirah Saadiyat Island. The National Aquarium ...

ABU DHABI/ WAM Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirmed that it has redeemed in full its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution). ADNOC paid Bondholders a total amount of $1.199 billion in cash on 4th June 2024, retaining full ownership of the underlying ADNOC Distribution ...

DUBAI/ WAM Government and business leaders will convene in Dubai on Tuesday for the AI Retreat 2024 to discuss the opportunities offered by Artificial intelligence (AI) technologies locally and globally and lay the foundational strategies for the acceleration of AI adoption across all sectors. Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of ...

DUBAI/WAM Shafiq Abdul Hamid, the Chairman of the Board of Directors of Drake & Skull International LLC, announced the completion of the company’s compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the Company’s creditors, in accordance with the restructuring plan, for the benefit of the financial and commercial creditors with the debts equivalent or exceeding AED ...

SAN SALVADOR/WAM Sultan Al Taei, Chargé d’Affaires of the UAE Embassy in Mexico City, attended the inauguration ceremony of Nayib Bukele, the elected President of the Republic of El Salvador. Al Taei conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of ...

ABU DHABI / AD MEDIA OFFICE Abu Dhabi Health Services Company (SEHA), a subsidiary of PureHealth, has launched its new brand identity, continuing its journey to further enhance patient experience. The strategic move reinforces SEHA’s trusted, unified approach to patient-centric care, which aims to support community wellbeing across Abu Dhabi. SEHA’s new brand identity represents a unification of a network ...

NIZHNY NOVGOROD/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, participated in the BRICS Foreign Ministers’ Meeting, which began on Monday in the Russian city of Nizhny Novgorod. The Russian Federation, the chair of the BRICS group for the year 2024, presided over the meeting. The participation in this meeting stems from the UAE’s belief that coordinated ...