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Abu Dhabi Sports Council signs pact to host IMGA Masters Games in 2026

ABU DHABI / WAM In the presence of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Abu Dhabi Sports Council and International Masters Games Association have signed an agreement to bring the world’s largest mass participation sporting event, the IMGA Masters Games, to Abu Dhabi. To be held in the Middle East ...

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Adnoc signs deal for ammonia value chain

ABU DHABI / WAM Adnoc announced on Monday that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives in Germany’s North Rhine-Westphalia. The announcement was made following the signing of a memorandum of understanding (MoU) between the government of North Rhine-Westphalia, Adnoc, and ...

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UAE’s Al Ansari Financial Services raises AED773 million in offering

DUBAI / WAM Al Ansari Financial Services on Monday announced it has set the final offer price for its IPO at AED1.03 per share, at the top of the previously announced price range. The announcement follows the completion of the book building and subscription process for its initial public offering (IPO). Al Ansari raised, through the initial public offering, AED773 ...

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Middle East airport developments entails $151b in capital expenditure

ABU DHABI / WAM After most of the multi-billion dollar airport construction projects were put on the back burner or temporarily curtailed over the past three years, operators and investors have been racing down the tarmac as the Middle East and Asia-Pacific regions are expected to account for 58% of the global air passenger demand in 2040. The Capa – ...

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Edge acquires UAE’s Trust to strengthen its portfolio

ABU DHABI / WAM Edge Group has announced the acquisition of UAE-based Trust International Group, a defence trading specialist and major supplier of premium solutions to the UAE Armed Forces and security establishments. Trust will join Edge within its Trading and Mission Support cluster, complementing the Group’s existing multi-domain capabilities. Founded in 2004, Trust acts as a supplier and military ...

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Maqta Gateway marks graduation of 4th cohort of ATLG Programme

ABU DHABI / GULF TIME Under the patronage of Sheikha Fatima bint Mubarak, the General Women’s Union and Maqta Gateway, part of AD Ports Group, celebrated the graduation of the fourth cohort of the ATLG Programme. Created to promote the presence of women in technical fields related to strategic trade and logistics projects, the ATLG Programme empowers Emirati women to ...

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Presight AI Holding now listed on Abu Dhabi Securities Exchange

ABU DHABI / WAM Presight AI Holding, a G42 company and a big data analytics company powered by artificial intelligence (AI), has listed and commenced the trading of its shares on the First Market of the Abu Dhabi Securities Exchange (ADX) on Monday. The initial public offering (IPO) of the company was oversubscribed by 136 times in aggregate, excluding the ...

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Admaf, MBZUAI sign deal to empower UAE’s youth

ABU DHABI / WAM The Abu Dhabi Music and Arts Foundation (Admaf) announced the signing of a memorandum of understanding with the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) as part of its ongoing efforts to empower the nation’s youth and help develop their skills. Through the MoU, both parties aim to create a pathway to knowledge by co-curating ...

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Q Properties unveils stylish luxury apartments in Reem Hills

ABU DHABI / GULF TIME Q Properties — a leading UAE real estate developer and subsidiary of Q Holding — unveiled a collection of stylish new luxury apartments in Reem Hills, located in the heart of the capital and the only gated community on Al Reem Island. The new collection has been created for value seeking buyers wanting an attractive, ...

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Dubai Police to promote maritime safety, security

DUBAI / GULF TIME Dubai Police announced its collaboration with Informa Markets to support the upcoming Seatrade Maritime Logistics Middle East (SMLME) event. Held under the patronage of the UAE Ministry of Energy and Infrastructure, the leading maritime and logistics event in the region is scheduled to take place on May 16-18, at the Dubai World Trade Centre. Dubai Police ...

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