Wednesday , 17 December 2025

News

SDF announces investment, initial agreement with Machina Labs

ABU DHABI / WAM Strategic Development Fund (SDF), an Abu Dhabi-based investment entity wholly owned by EDGE Group, announced the signing of an initial partnership and investment agreement with Machina Labs, a US-based leader in next-generation AI-driven manufacturing and robotics, following discussions finalised at the Dubai Airshow 2025. This collaboration establishes a framework to work towards creating a joint venture …

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UAE leaders congratulate President of Burkina Faso on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Captain Ibrahim Traore, President of Burkina Faso, 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, …

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ADNOC L&S takes delivery of fourth new-build LNG carrier

ABU DHABI/WAM ADNOC Logistics & Services plc (ADNOC L&S) has taken delivery of ‘Al Sadaf,’ the fourth of six new-build liquefied natural gas (LNG) carriers from the Jiangnan Shipyard in China. The next-generation LNG carrier has been delivered on schedule and will immediately depart on its first commercial mission. The delivery of ‘Al Sadaf’ advances ADNOC L&S’s multi-billion-dollar fleet renewal …

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BRIDGE Summit 2025 highlights UAE’s role in advanced robotics, AI innovation partnerships

ABU DHABI/WAM BRIDGE Summit 2025 in Abu Dhabi brought together experts and leaders from business, technology, media, universities, influencers, and major tech companies from the UAE and around the world, offering a unified platform for collaboration and knowledge exchange. Kristine Mo, International Business Development Director at AI² Robotics, said that the company’s first participation in the summit provided an important …

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DP World installs first 1,000 living seawalls panels at Jebel Ali Port

DUBAI/WAM DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region. Developed in partnership with Living Seawalls, a science-led programme of the Sydney Institute …

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ADI launches blockchain infrastructure development at ADFW

ABU DHABI/WAM ADI Foundation, an Abu Dhabi–based organisation building sovereign-grade blockchain infrastructure for governments and institutions, returned this year to Abu Dhabi Finance Week (ADFW), demonstrating how far it has advanced since announcing its establishment on the same stage last year. Andrey Lazorenko, Chief Executive Officer of ADI Foundation, told the Emirates News Agency ((WAM) on the sidelines of the …

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ADIO, CICC establish strategic investment corridor

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with China International Capital Corporation (CICC), one of Asia’s leading investment banks, to establish an investment corridor that will accelerate two-way capital flows between Abu Dhabi and China. The partnership coincides with the launch of Abu Dhabi’s new FinTech, Insurance, Digital and …

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First UAE–Russia Business Forum opens in Dubai

DUBAI / WAM The First UAE–Russia Business Forum, a key event on the business agenda of both countries, opened today in Dubai. The forum, which is set to become an annual event, is organised by the Russia–UAE Business Council (RUBC) jointly with the Roscongress Foundation and with the support of the Ministry of Industry and Trade of the Russian Federation …

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Mubadala Investment Company, Aldar unveil AED60b expansion

ABU DHABI / AD MEDIA OFFICE Mubadala Investment Company, an Abu Dhabi sovereign investor, and Aldar have launched a landmark joint venture to expand Al Maryah Island, unlocking the next phase of growth in the international financial district and further enhancing Abu Dhabi’s global position as the Capital of Capital. With a gross development value exceeding AED60 billion, the north …

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