News

AD Ports Group signs lease agreement with TW Steel

ABU DHABI /WAM AD Ports Group on Tuesday announced the signing of a 10-year lease agreement with TW Steel, a distinguished provider of prefabricated structures to deliver innovative containerised fabrication solutions, container maintenance and repair services at Khalifa Port. These solutions and services will bring flexible and sustainable solutions tailored to the specific needs of shipping lines and container operators ...

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UAE, India mark three years of comprehensive economic partnership

ABU DHABI / WAM The United Arab Emirates and the Republic of India continue to witness growing and dynamic economic relations, built on longstanding historical ties and driven by their Comprehensive Economic Partnership Agreement (CEPA), which has significantly boosted economic growth and created new trade and investment opportunities for both business communities. On May 1, the UAE and India will ...

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UAE, Armenian Presidents explore ways to strengthen bilateral cooperation

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Vahagn Khachaturyan, President of the Republic of Armenia, on Tuesday discussed ways to strengthen bilateral cooperation, especially in the economic and investment fields, in a manner that supports the development priorities of both countries. During the meeting, which took place at Qasr Al Bahr in ...

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Borouge increases dividend to 16.2 fils per share from 2025

ABU DHABI / WAM Borouge Plc shareholders have approved a final 2024 dividend and 2.5 percent share buyback programme at their Annual General Meeting (AGM). Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Chairman of Borouge, reaffirmed the company’s commitment to delivering substantial shareholder returns in front of more than ...

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UAE President: Investment in healthcare crucial for future

ABU DHABI/GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X, formerly Twitter, to reaffirm the UAE’s commitment to prioritising healthcare as the world marks health day. His Highness Sheikh Mohamed said, “Investing in health is an investment in society’s future. On World Health Day, the UAE reaffirms its commitment to prioritising ...

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Ahmed bin Saeed opens Middle East Energy 2025

DUBAI/WAM H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, officially inaugurated Middle East Energy 2025 today as more than 1,600 energy suppliers from across the globe started a three-day showcase of their latest innovations and new-to-market technologies. Supported by the UAE Ministry of Energy and Infrastructure, this year marks the 49th edition of ...

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Kersten constructs production facility in Rakez

RAS AL KHAIMAH / WAM Kersten Group, a global leader in bending and curving steel and aluminium profiles, has strengthened its presence in Ras Al Khaimah Economic Zone (RAKEZ) with its new production facility in Al Hamra Industrial Zone. This marks a major milestone in the company’s growth as it continues to support key projects across the UAE, Saudi Arabia, ...

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Hamed bin Zayed attends opening ceremony of AIM Congress 2025

ABU DHABI/WAM H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority, has attended the 14th edition of AIM Congress, held at Abu Dhabi National Exhibition Centre (ADNEC Centre Abu Dhabi). The event, convened under the theme ‘Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape – Towards a New Balanced ...

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