DUBAI / WAM Dubai Chambers is overseeing elaborate preparations to host the Dubai Business Forum – China in Shenzhen on 14th October 2026 as part of its sustained efforts to deepen engagement with the Chinese business community and support companies seeking to establish and expand their operations in Dubai. Being held under the theme ‘Momentum at Scale: Accelerating Shared Success,’ …
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ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Tharman Shanmugaratnam of the Republic of Singapore on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, …
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DUBAI / WAM The Dubai-it Award has announced that nominations for its first edition are open from 10th August to 10th September 2026, inviting individuals, projects, companies, organisations and entities that have worked and achieved results in line with the ‘Dubai-it’ approach and philosophy to participate in the award’s various fields. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice …
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AvaTrade has pointed to investors’ concern over rising AI spending as the reason SpaceX shares fell this week, after the company’s first-ever earnings report revealed spending had jumped to more than six times last year’s level. While quarterly revenue nearly doubled year-on-year to $7.8bn, spending ballooned to $18.3bn – more than six times last year’s level – with the bulk …
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WORLD CAPITALS/WAM Gold prices firmed on Friday and were on track for their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key US nonfarm payrolls data for clues on the interest rate outlook. Spot gold was up 0.6 percent at $4,262.39 per ounce, as of 0421 GMT after hitting a seven-week high on Thursday. Prices …
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ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Alassane Ouattara of Côte d’Ivoire on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime …
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President of the Russian Federation His Excellency Vladimir Putin discussed in a phone call bilateral cooperation under the two countries’ strategic partnership and their shared commitment to further strengthening ties in support of mutual interests. The two leaders also addressed a number of regional and international issues …
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ABU DHABI / WAM Alef Education Holding PLC, listed on the Abu Dhabi Securities Exchange (ADX), announced strong financial results for the first half of 2026, with revenue rising to AED361.6 million, up 1.2 percent compared to the same period last year. The company also achieved an EBITDA margin of 74.7 percent, one of the highest in the education technology …
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ABU DHABI / WAM Space42, the UAE-based AI-powered SpaceTech company with global reach, on Thursday announced its consolidated financial results for the first half of 2026, delivering a record financial performance with revenue increasing 15 percent year-on-year to US$260 million. The company reported a net profit of $18 million, with a 7 percent margin, while normalised EBITDA increased 12 percent …
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AL ARISH / WAM The UAE Floating Hospital in Al Arish, Arab Republic of Egypt, has received nine new patients and injured individuals from the Gaza Strip to receive the necessary medical treatment and specialised healthcare, as part of the ongoing humanitarian and medical efforts undertaken by the United Arab Emirates under Operation Chivalrous Knight 3 to support the Palestinian …
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