News

ABU DHABI / WAM Emirates Water and Electricity Company (EWEC) today announced that it has opened registration for its Q1 2025 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 14th March 2025. This initiative aligns with the UAE’s Year of Community 2025 goals, which strive to unlock the potential of individuals, families, and organisations to ensure ...

ABU DHABI / WAM As part of its unwavering and continuous commitment to support international humanitarian efforts, the UAE Aid Agency has signed a cooperation agreement with the Olena Zelenska Foundation to provide additional centres for foster families and orphanages with a contribution of US$4.5 million. The initiative is the second phase of the project, with the initial phase consisting ...

ABU DHABI / WAM The UAE Ministry of Economy has announced that Qualcomm Technologies, Inc, a leading developer of advanced wireless technologies, advanced computing and AI, has joined its NextGen FDI initiative. Through the programme, which was launched in 2022 to attract technology-driven companies to the UAE, Qualcomm has established a presence in Abu Dhabi and is broadening its engagement ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to the Nepalese President Ramchandra Paudel on the occasion of his country’s Democracy Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

ABU DHABI / WAM A delegation from Brazil’s Ministry of Agriculture and Livestock (MAPA) is on a visit to the UAE to strengthen trade relations and showcase Brazil’s agribusiness potential. Led by Vice-Minister Irajá Rezende de Lacerda, the delegation includes Luís Renato de Alcântara Rua, Secretary of Commerce and International Relations of the Ministry; Carlos Goulart, Secretary of Agricultural Defence; ...

DUBAI / WAM Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB), leading a syndicate of nine UAE lenders, have successfully more than doubled a finance facility for global energy trader BGN to $232.5 million. Originally set at $100 million with a $120 million target, the oversubscribed facility marks a watershed in regional trade finance by incorporating an ...

ABU DHABI / WAM Türkiye’s Mechanical and Chemical Industry Corporation (MKE) is showcasing a comprehensive range of its advanced defence systems at the International Defence Exhibition (IDEX 2025) in Abu Dhabi. On the sidelines of IDEX 2025, MKE General Manager İlhami Keleş highlighted the company’s distinctive capability to manufacture a wide range of weapons and ammunition under one roof, from ...

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA), has announced record financial results for 2024. The milestone coincides with DIFC’s 20th anniversary, reinforcing Dubai’s position as the region’s financial services capital. The centre now houses 6,920 active companies, a 25 percent increase from 5,523 in 2023. ...

ABU DHABI/ WAM H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has inaugurated Al Taf missile boat during a ceremony at Marina pier at ADNEC Centre Abu Dhabi, during the Naval Defence and Maritime Security Exhibition (NAVDEX 2025). During his tour of the 62-metre-long vessel, H.H. Sheikh Hazza was briefed on its advanced defence capabilities ...

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 the second day of the International Defence Exhibition (IDEX) and the Naval Defence and Maritime Security Exhibition (NAVDEX) 2025, held at ADNEC Centre Abu Dhabi until 21st February 2025. At IDEX 2025, H.H. ...