ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday welcomed His Excellency Viktor Orbán, Prime Minister of Hungary, who is on an official visit to the UAE. During their meeting at Qasr Al Shati in Abu Dhabi, His Highness and the Hungarian Prime Minister discussed the growth of bilateral relations and ways to enhance cooperation, …

DUBAI/WAM Emirates NBD reported a record AED27.1 billion profit before tax in 2024, up 15 percent from the previous year, while the profit after tax reached AED23 billion, up 7 percent. In a statement on Wednesday, the bank said that the Board of Directors is proposing a 100 fils dividend per share. Income climbed to over AED44 billion in 2024 …

DUBAI/WAM Mohammed Bin Rashid Space Centre (MBRSC) has signed a memorandum of understanding (MoU) with SpaceData, a Tokyo-based startup engaged in R&D aimed at the fusion of space and digital, to develop two key digital twin solutions. A digital twin is a virtual model or replica of a real-world object, system, or process, which can help entities test real-life situations …