ABU DHABI/WAM The UAE continues to adopt a forward-looking vision to enhance the regulatory and legislative frameworks governing family businesses in the country. This vision aims to foster sustainable growth, ensure long-term viability, and strengthen the sector’s contribution to national economic competitiveness both regionally and globally. The Ministry of Economy and Tourism played a key role in issuing the world’s ...

ISTANBUL/WAM UAE-based Calidus Holding Group has concluded its successful participation in the 17th edition of the International Defence Industry Fair (IDEF 2025), held at the Istanbul Expo Centre from 22 to 27 July, as part of the UAE National Pavilion, overseen by Tawazun Council for Defence Enablement (Tawazun). The Calidus stand witnessed strong engagement from senior officials, military leaders, and ...

DUBAI/WAM Dubai’s real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property transactions. Real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same ...

MALÉ/WAM Aligned with its commitment to its strategic sustainable development goals, Abu Dhabi Fund for Development (ADFD) participated in the inauguration of the Velana International Airport, a landmark project that aims to significantly enhance Maldives’ infrastructure. With a total investment of AED 330.5 million (USD 90 million) from ADFD, the project was implemented in two phases, receiving co-financing from Saudi ...

GAZA/WAM ‘’Operation Chivalrous Knight 3’’ has announced the resumption of the “Birds of Goodness” airdrop missions, with the 54th humanitarian and relief airdrop over the Gaza Strip. The mission, carried out in cooperation with the Hashemite Kingdom of Jordan, comes as part of the UAE’s ongoing efforts to support civilians in isolated areas of the Strip that are inaccessible by ...

AJMAN/WAM H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, received Odonbaatar Shijeekhuu, Ambassador of Mongolia to the UAE, at the Emiri Court. H.H. Sheikh Ammar welcomed the Ambassador and reviewed the strong ties between the two friendly countries and their peoples across various fields. The meeting also explored ways to enhance ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Vladimir Putin of the Russian Federation over the victims of the plane crash in Tynda, a town in the Amur region. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness ...

ABU DHABI/WAM As part of its humanitarian commitment and swift response during crises, the UAE hosted 17,619 Afghans who were evacuated from Afghanistan since August 2021, prior to their resettlement in third countries. This step was carried out in cooperation with international partners to support the Afghan people amid the exceptional circumstances the country faced. The Emirates Humanitarian City in ...

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a strategic joint venture, Unitey Business Services, aiming at supporting the Financial Infrastructure Transformation programme (FIT) launched by the CBUAE. This joint venture will enhance the operations of the UAE’s national financial market infrastructure and meet the highest standards and practices in ...

ABU DHABI/WAM The Securities and Commodities Authority (SCA) has imposed a record fine of AED5 million on a licensed company and referred the matter to the Public Prosecution, in a decisive move to safeguard market integrity and enforce regulatory compliance. The action follows confirmed violations of anti-money laundering (AML) laws, counter-terrorism financing regulations, and measures related to the funding of ...