News

SHARM EL SHEIKH / WAM AD Ports Group on Tuesday announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services connecting Safaga and NEOM ports to support transport of Hajj workers between Egypt and Saudi Arabia. In 2024, AD Ports Group signed a 15-year concession …

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has directed the adoption of a national healthcare system that guarantees comprehensive medical care and health services for all citizens. The system is underpinned by a fully integrated national health insurance scheme covering all emirates of the country. The announcement reflects the leadership’s commitment …

BAKU / WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, participated in the World Urban Forum (WUF) organised by UN-Habitat in cooperation with the Government of Azerbaijan in the capital, Baku. WUF is taking place until 22nd May under the theme “Housing the world: Safe …

DUBAI / GULF TIME In a remarkable medical achievement reflecting the UAE’s advanced healthcare capabilities, a multidisciplinary team at Al Zahra Hospital Dubai successfully saved the leg of a seven-year-old child who had previously been advised by multiple medical centers to undergo amputation as the only treatment option for a rare and complex congenital condition. Adam was born with a …

BRAZZAVILLE/WAM AD Ports Group has awarded three major contracts for the design and construction of marine and landside infrastructure, and the sourcing of crane equipment, for the Noatum Ports Pointe-Noire Terminal in the Republic of the Congo. The container terminal is being developed under AD Ports Group’s majority-owned joint venture with the CMA CGM Group, through its subsidiary CMA Terminals, …

ABU DHABI/WAM Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX) listed alternative investment company founded by the Investcorp Holdings B.S.C. (c ) group (Investcorp), today announced the acquisition of a diversified US industrial real estate portfolio with an aggregate value of more than $200 million, comprised of 19 industrial properties totaling approximately 1.4 million square feet across Dallas–Fort Worth, …

RAS EL HEKMA/WAM Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism. Montage Ras El Hekma …

ABU DHABI / WAM The UAE has moved beyond experimentation toward integrating AI into core government functions — grappling in practice with questions of leadership, procurement, sovereignty, and organisational redesign that many governments are only beginning to confront, according to new research published by Yango Group and INSEAD. Governments that treat artificial intelligence as part of their core operating infrastructure …

RAS EL HEKMA / WAM Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism. Montage Ras …

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has chaired the UAE Cabinet meeting. The meeting was attended by His Highnes Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; HH Sheikh Hamdan bin Mohammed bin Rashid …