News

DUBAI/ WAM National Bonds, the UAE’s leading Sharia-compliant savings and investment company, in partnership with Knowledge Fund Establishment, has announced a new phase of its financial education initiative “Young Investor Programme” in UAE schools, to reach 50 schools nationwide over the next three years, engaging 75,000 students.\ This growth follows strong engagement from students, parents, and educators during the programme’s ...

BEIJING/ WAM The Mohamed bin Zayed Water Initiative has signed a Memorandum of Understanding with the Institute of Seawater Desalination and Multipurpose Utilisation (ISDMU), part of the People’s Republic of China’s Ministry of Natural Resources, to collaborate on efforts to accelerate technological innovation in desalination. The MoU, signed during a ceremony attended by Hussain bin Ibrahim Al Hammadi, UAE Ambassador ...

DUBAI / WAM Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC) during the 3rd edition of Dubai FinTech Summit. By combining their strengths, Moro Hub and DIFC are positioned to drive digital innovation and sustainability, reinforcing Dubai’s position ...

ABU DHABI / WAM Aldar Properties has completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners for AED586 million. Marking GAW Capital’s first investment in the UAE, the transaction underscores the growing international appeal of Abu Dhabi’s property market, the Saadiyat Cultural District, and Aldar’s residential portfolio. Located ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) recently entered into a partnership with Ana Concierge Services to provide its business community with seamless access to premium, personalised concierge solutions. The partnership was finalised through a signing ceremony at Compass Coworking Centre by RAKEZ VAS Director Kutyba Al Issa and Ana Concierge Services Founder and CEO Soumeya ...

ABU DHABI / WAM Sheikh Zayed Grand Mosque Centre witnessed a wide range of activities throughout the Holy Month of Ramadan, attracting large numbers of guests. A total of 1,890,144 worshippers and visitors came to the mosque during Ramadan and the Eid Al-Fitr holiday. Among them, 562,632 worshippers performed prayers at the mosque, including 193,435 for Isha and Taraweeh and ...

ABU DHABI / WAM Abu Dhabi Department of Energy (DoE) has issued Decision No. 14 concerning the Regulation of Gas Works in Buildings. The regulations set forth the mandatory requirements and controls for overseeing all gas operations in buildings throughout Abu Dhabi, including free zones. The regulations seek to raise the level of technical safety in existing buildings and ensure ...

DUBAI / WAM Salik Company, Dubai’s exclusive toll gate operator, on Tuesday announced its financial results for the three-month period ended on March 31 2025 (Q1 2025). Total revenue for Q1 grew by 33.7 percent YoY to reach AED751.6 million. EBITDA for Q1 increased 37.9 percent YoY to AED519.6 million. In Salik’s core tolling business, total chargeable trips reached 158.0 ...

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has met with Richard Chambers, Chief of Police of New Zealand. The meeting explored avenues for enhancing cooperation in various policing fields, including training methodologies, crime prevention, and exchanging expertise and best practices. The discussions reflected the shared commitment ...

RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received a delegation from the United Kingdom’s Royal College of Defence Studies, led by Philip Parham, Director at the College and former UK Ambassador to the UAE. The meeting was held at His Highness’ palace in the Saqr ...