ABU DHABI/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the seventh editions of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX), organised by ADNEC Group in cooperation with the Ministry of Defence and Tawazun Council for Defence Enablement, at …
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ADIB reports AED7.1bn net profit in 2025
ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) achieved a net profit after tax of AED7.1 billion by the end of 2025, recording a year-on-year growth of 16%, while net profit before tax increased by 18% to reach AED8.1 billion. Net profit after tax during the fourth quarter of 2025 amounted to AED1.75 billion, marking a 20% growth compared to the …
Read More »Sharjah Airport welcomes 19.4m passengers in 2025
SHARJAH / WAM The Sharjah Airport Authority announced record results for 2025, with Sharjah International Airport welcoming 19.48 million passengers, compared to 17.1 million in 2024 and 15.36 million in 2023, achieving a growth rate of 13.9%. This performance reflects the continued upward trajectory in passenger traffic, aviation activity, and air cargo operations, translating into balanced expansion in destination networks, …
Read More »UAE contributes $5million to support emergency humanitarian response in Sudan
ABU DHABI / WAM As per an agreement signed with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), the United Arab Emirates has pledged a contribution of US$5 million to support the Sudan Humanitarian Fund, aimed at strengthening the emergency humanitarian response and addressing the urgent needs of the affected populations in Sudan. The agreement was signed …
Read More »Masdar, Octopus forge strategic pact for initiatives in UK, Africa
ABU DHABI / WAM Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, and Octopus Energy, the global energy tech disruptor, have signed two Memoranda of Understanding (MoUs) for initiatives in the UK and Africa. Masdar and Octopus will look to work together to free up hidden capacity across the UK’s distribution network to power the next …
Read More »President confers First-Class Order of Zayed II on Saif Mohammed Al Zaabi
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has conferred the First-Class Order of Zayed II on Saif Mohammed Al Zaabi in recognition of his distinguished service and notable efforts during his tenure at the Ministry of Foreign Affairs. HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, …
Read More »Gold rises above US$4,800 for first time
NEW YORK/WAM Gold surged to a fresh record above US$4,800 on Wednesday, buoyed by safe-haven demand and a softer dollar. Spot gold rose 1.2 percent to US$4,818.03 per ounce as of 0125 GMT, after scaling a record peak of US$4,836.24 earlier in the session. US gold futures for February delivery added 1 percent to US$4,813.50 per ounce. Spot silver added …
Read More »UAE President accepts US invitation to Board of Peace
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has accepted the invitation from the United States to join the Board of Peace as announced by HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs. HH Sheikh Abdullah bin Zayed emphasised that the UAE’s decision reflects the importance of fully implementing …
Read More »G42 Introduces Digital Embassies, Greenshield to make AI sovereignty portable
DAVOS/WAM G42 on Tuesday announced the launch of its Digital Embassies framework and Greenshield, a new sovereign operating model that enables nations to deploy artificial intelligence securely and at scale while maintaining full legal authority and control over their data, systems, and policies regardless of where infrastructure is located. As governments accelerate AI adoption across public services, national security, healthcare, …
Read More »AirQ unveils innovative cargo aircraft at UMEX 2026
ABU DHABI/WAM UAE-based company AirQ Limited, specialising in the design and development of unmanned aircraft, unveiled its latest cargo aviation projects, Cargo 200 and Cargo 40, during its participation in UMEX 2026. David Sostaric, Programme Manager at AirQ and Project Manager for Cargo 200 and Cargo 40, told Emirates News Agency (WAM) that the key advantage of the two aircraft …
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