News

ABU DHABI / WAM A delegation from Brazil’s Ministry of Agriculture and Livestock (MAPA) is on a visit to the UAE to strengthen trade relations and showcase Brazil’s agribusiness potential. Led by Vice-Minister Irajá Rezende de Lacerda, the delegation includes Luís Renato de Alcântara Rua, Secretary of Commerce and International Relations of the Ministry; Carlos Goulart, Secretary of Agricultural Defence; ...

DUBAI / WAM Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB), leading a syndicate of nine UAE lenders, have successfully more than doubled a finance facility for global energy trader BGN to $232.5 million. Originally set at $100 million with a $120 million target, the oversubscribed facility marks a watershed in regional trade finance by incorporating an ...

ABU DHABI / WAM Türkiye’s Mechanical and Chemical Industry Corporation (MKE) is showcasing a comprehensive range of its advanced defence systems at the International Defence Exhibition (IDEX 2025) in Abu Dhabi. On the sidelines of IDEX 2025, MKE General Manager İlhami Keleş highlighted the company’s distinctive capability to manufacture a wide range of weapons and ammunition under one roof, from ...

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA), has announced record financial results for 2024. The milestone coincides with DIFC’s 20th anniversary, reinforcing Dubai’s position as the region’s financial services capital. The centre now houses 6,920 active companies, a 25 percent increase from 5,523 in 2023. ...

ABU DHABI/ WAM H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has inaugurated Al Taf missile boat during a ceremony at Marina pier at ADNEC Centre Abu Dhabi, during the Naval Defence and Maritime Security Exhibition (NAVDEX 2025). During his tour of the 62-metre-long vessel, H.H. Sheikh Hazza was briefed on its advanced defence capabilities ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the second day of the International Defence Exhibition (IDEX) and the Naval Defence and Maritime Security Exhibition (NAVDEX) 2025, held at ADNEC Centre Abu Dhabi until 21st February 2025. At IDEX 2025, H.H. ...

ABU DHABI/ WAM As dual-use technologies increasingly drive economies of scale worldwide, ADASI, a leader in UAV system manufacturing, has announced their adoption of two advanced autonomous flight technologies by Abu Dhabi’s VentureOne: Perceptra, a new cutting-edge GPS-less navigation technology, and Saluki, a high-security flight control technology for autonomous systems. These technologies, both developed by the Technology Innovation Institute (TII), ...

CAIRO/ WAM ADNOC Distribution and TotalEnergies are celebrating two years of successful partnership in Egypt at this year’s Egypt Energy Show (EGYPES) with a co-branded booth that showcases the partnership’s role in strengthening Egypt’s energy infrastructure. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt (TEME), creating a joint venture that operates over 240 fuel retail sites across Egypt ...

ABU DHABI/ WAM Tawazun Council – the government authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies – announced the signing of five deals worth a total of AED5.8 billion with local and international companies on the second day of IDEX and NAVDEX 2025. With these agreements, the total value of ...

ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, hosted a business roundtable that brought together UAE government officials, leading UAE businesses, and investment groups with a high-ranking Ukrainian delegation led by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy. The meeting focused on exploring promising investment opportunities in Ukraine, with ...