News

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4th December 2025. The transaction attracted exceptional demand, with total funded commitments exceeding AED12 billion from UAE, regional and international investors. Mubadala Investment Company, ADCB’s majority shareholder, subscribed in full …

ABU DHABI / WAM Modon on Wednesday announced the complete sell-out of Bashayer, the first waterfront residential community on Hudayriyat Island, within one day of the launch, generating AED3 billion in sales. The exceptional demand reinforces Hudayriyat Island’s position as one of the region’s most desirable residential destinations and reflects the strength of Modon’s approach to shaping communities designed for …

ABU DHABI/WAM AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, transport and logistics solutions, was recognised by Guinness World Records™ for the most AI agents deployed in a logistics facility. AD Ports Group received the recognition after deploying 205 AI agents across its global operations. Mohamed Hassan Alsuwaidi, Chairman of AD Ports Group, and Captain Mohamed Juma …

ABU DHABI/WAM The Abu Dhabi Family Business Council (ADFBC), an affiliate of the Abu Dhabi Chamber of Commerce and Industry, has signed a cooperation agreement with the Family Business Council Gulf (FBCG), a non-profit organisation dedicated to supporting the sustainability and long-term success of family businesses across the Gulf Cooperation Council. The agreement aims to reinforce the resilience and competitiveness …

ABU DHABI / AD MEDIA OFFICE In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, and His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, the Abu Dhabi Investment Authority (ADIA) held its …

ABU DHABI / WAM H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, today met in Abu Dhabi with Kash Patel, Director of the United States Federal Bureau of Investigation (FBI). The two sides discussed ways to deepen and advance the strategic partnership between the UAE and the United States in a manner …

ABU DHABI / WAM The BRIDGE Summit 2025 serves as a dynamic platform for students to present innovative projects across the media and creative industries, powerfully illustrating the expanding role of advanced technologies and Artificial Intelligence (AI) in the sector. The Higher Colleges of Technology (HCT) pavilion featured contributions from students of the Faculty of Applied Media and the Faculty …

DUBAI / WAM The Emirates Drug Establishment (EDE), in collaboration with the Drug Information Association (DIA), Middle East and Africa Office, organised the first Clinical Research Forum in the UAE at the American University in Dubai. The forum brought together a distinguished group of representatives from regulatory authorities, academic institutions, international organisations, healthcare entities, and pharmaceutical and technology companies. A …

ABU DHABI / WAM A UAE National Taxi company specialising in autonomous mobility, Lumo, announced the launch of a premium autonomous robotaxi fleet for Abu Dhabi in partnership with Mercedes-Benz and Momenta, a world pioneer in autonomous driving AI. Powered by Momenta’s L4 autonomous driving system and built on the all-new Mercedes-Benz S-Class, this collaboration introduces the industry’s first scalable …

ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a substantial pledge of US$550 million to support the UN’s Global Humanitarian Overview (GHO), which aims to raise US$33 billion in 2026 to support approximately 135 million people across 23 humanitarian operations worldwide, including programmes supporting refugees and migrants. …