News

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that the Fathers’ Endowment campaign has achieved unprecedented success and raised double its target in under a month, affirming that the campaign will go on and contributions will be welcome throughout the year. The campaign, which ...

ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED6.75 billion, benefiting 4,356 Emirati citizens ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan exchanged warm Eid Al Fitr greetings in phone calls with His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait; His Highness Sheikh Tamim bin Hamad Al Thani, Emir of Qatar; His Majesty King Hamad bin Isa Al Khalifa of Bahrain; His Majesty King Abdullah II bin Al ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, has issued a decision restructuring the Board of Trustees of the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation. The board will be chaired by H.H. Sheikh Nahyan bin Zayed Al Nahyan. H.H. Sheikh Omar bin Zayed ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, hosted employees from various government entities at a Ramadan Iftar gathering held at his palace’s Al Barza Majlis in Abu Dhabi. H.H. Sheikh Mansour exchanged warm conversations with the attendees, reflecting the spirit and noble values of the holy ...

DUBAI/WAM Jafza is strengthening its position with a strategic AED90 million investment in Phase 2 of its cutting-edge logistics park. Adding 360,000 square feet of Grade-A facilities, the expansion aligns with the UAE’s push to grow its logistics sector to AED200 billion annually in the next seven years and cements Dubai’s role in international trade. The second phase delivers world-class ...

SHARJAH/WAM As part of “Operation Chivalrous Knight 3”, the Sharjah Charity International (SCI) and The Big Heart Foundation (TBHF) have dispatched a humanitarian aid plane carrying 95 tonnes of relief supplies to support the Palestinian people in the Gaza Strip. The aid shipment, overseen by Sheikh Saqr bin Mohammed Al Qasimi, Chairman of the Board of Directors of SCI, includes ...

ABU DHABI/WAM Modon Holding PSC (Modon), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone, located south of the Alexandria-Matrouh Highway and opposite the Ras El Hekma site ...

MADRID/WAM Abu Dhabi Future Energy Company PJSC – Masdar announced on Thursday the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar’s commitment to expansion in Spain, driving ...

DUBAI/WAM Emaar Development shareholders approved the Board of Directors’ proposal to distribute a dividend of AED2.7 billion ($740 million), representing 68 percent of the share capital. The announcement came during the Emaar Annual General Meeting, where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy. The board’s report on the company’s activities ...