News

HONG KONG / WAM The US dollar held near a one-and-a-half-week high in Thursday trading, with its index reaching 98.644, the highest level since 13 April, and it is heading towards modest weekly gains of about 0.4% after declining over the past two weeks. The euro stood at US$1.1712 after falling earlier to its lowest level since 13 April, and …

NEW YORK / WAM Gold prices remained relatively stable during trading on Thursday, while other precious metals posted modest gains. As of 01:00 GMT, spot gold rose by 0.1% to $4,744.31 per ounce, while U.S. gold futures for June delivery increased by 0.2% to $4,762.20. Among other precious metals, silver gained 0.5% to $78.06 per ounce, platinum rose 0.3% to …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met His Excellency Dr William Samoei Ruto, President of the Republic of Kenya, who is on a working visit to the UAE. The two sides discussed strengthening bilateral relations and expanding cooperation across key sectors, particularly investment, development, renewable energy, technology, and infrastructure, under the UAE-Kenya Comprehensive Economic …

DUBAI/WAM Emirates Integrated Telecommunications Company (du) reported a 15.5 percent year-on-year increase in net profit for the first quarter of 2026, reaching AED834 million. Revenues grew by 6.9 percent year-on-year to AED4.1 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 11.7 percent to AED2 billion, while the EBITDA margin expanded by 2.1 percentage points to 49.5 percent. …

AL AIN/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, and H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, witnessed the launch of the second edition of the Emirates Agriculture Conference and Exhibition (EACE) 2026, which is being held in Al Ain from April …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Ahmed Al-Sharaa, President of the Syrian Arab Republic, who is on a working visit to the UAE. During the meeting, the two sides discussed fraternal relations and ways to strengthen cooperation, particularly in the development and economic fields, in a manner that supports mutual interests …

ABU DHABI / WAM Abu Dhabi authorities have conducted inspections of more than 480 schools and nurseries to assess emergency preparedness and strengthen safety standards across the education sector. The initiative was implemented through coordinated efforts between the Emergencies, Crises and Disasters Management Centre Abu Dhabi (ADCMC), the Abu Dhabi Department of Education and Knowledge (ADEK), and the Abu Dhabi …

DUBAI / GULF TIME Dubai Culture and Arts Authority (Dubai Culture) has announced its participation in the 21st edition of ‘DIFC Art Nights’, organised by Dubai International Financial Centre (DIFC), a key cultural and lifestyle hub in Dubai, from 23 to 26 April at Gate Village. The event aims to support both emerging and established artists from the UAE and …

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has released its 2026 Transition Pathways Update. On Earth Day 2026, the report highlighted that FAB’s sustainable and transition finance activities contributed to nearly 4 million tonnes of CO₂ of avoided emissions in 2025. It also outlined continued progress in advancing the bank’s sustainability agenda and the progress of its Net …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met Larry Fink, Chairman and Chief Executive Officer of BlackRock. The meeting addressed a number of issues of mutual interest, including developments in global markets. The two sides also discussed artificial intelligence and advanced technology and the opportunities they present to support investment and the global …