News

EAD recovers 2,000 tonnes of bottles since launch of Bottle Return Scheme

ABU DHABI / WAM Environment Agency – Abu Dhabi (EAD) has recovered more than 2,000 tonnes of bottles since the launch of the Bottle Return Scheme in 2023. Following the launch of the scheme, Environment Agency – Abu Dhabi (EAD), along with Sparklo, EAD’s strategic oversight and cleantech leader, also collected 23 million recyclables in 2024. The scheme, part of ...

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UAE, Ecuadorian Presidents discuss strengthening bilateral cooperation

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Daniel Noboa, President of the Republic of Ecuador, met today to discuss strengthening bilateral cooperation, particularly in the fields of economy, trade, renewable energy, sustainability, investment, tourism, and agriculture. The discussions aimed to foster mutual benefits and support prosperity and development for both ...

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UAE President receives supporters, partners of Beginnings Fund launched by Mohamed bin Zayed Foundation for Humanity

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received supporters and partners of the Beginnings Fund, an initiative which aims to improve maternal and newborn health and reduce mortality rates across Africa. The initiative was launched by the Mohamed bin Zayed Foundation for Humanity in collaboration with its partners. During the meeting, held at ...

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Adnoc Distribution earnings top $1bn for second year

ABU DHABI/WAM Adnoc Distribution announced that its earnings before interest, taxes, depreciation and amortisation (EBITDA) surpassed US$1 billion for the second consecutive year, reflecting the strength of its operational foundations and its steady path to delivering strong shareholder returns. The company aims to generate a return on investment exceeding 6 percent. Bader Saeed Al Lamki, Chief Executive Officer of Adnoc ...

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Dubai highlights tech ties with Singapore at GITEX Asia

SINGAPORE/WAM Dubai showcased its innovation ecosystem and growing tech synergies with Singapore at the inaugural GITEX Asia x AI Everything Singapore, reinforcing the strategic alignment between two of the world’s leading hubs for technology-driven growth. A delegation of key Dubai entities — including Dubai Internet City, in5, Ignyte, DMCC, Oraseya Capital, Emirates, Dubai Integrated Economic Zones Authority, Dubai Chamber of ...

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Regional, international UAEBBY’s presence at Rabat Book Fair

SHARJAH / WAM As part of Sharjah’s participation as Guest of Honour at the 30th edition of the Rabat International Book and Publishing Fair (RIBF 2025), which recently concluded, the UAE Board on Books for Young People (UAEBBY) presented a vibrant programme of events that reflected its vision of nurturing a culture of reading among new generations. The programme placed ...

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Kazakh Minister hails UAE as global cultural model

ABU DHABI / WAM Aida Balayeva, Minister of Culture and Information of Kazakhstan, stated that Culture Summit Abu Dhabi is a distinguished strategic platform for addressing issues of culture and arts in the contemporary world and for enhancing global cultural cooperation. Speaking to the Emirates News Agency (WAM), she said that Kazakhstan and the UAE share deep-rooted cultural and humanitarian ...

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FAB reports 23% rise in net profit to AED5.13 billion in Q1

ABU DHABI / WAM First Abu Dhabi Bank (FAB) delivered record results for the first quarter of 2025, with a Group net profit of AED5.13 billion, up 23 percent year on year (yoy), and Group profit before tax reaching AED6.13 billion, up 22 percent yoy. This outstanding financial performance reflects FAB’s solid business momentum and strong client activity across diversified ...

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