RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) entered into a landmark partnership with Indian construction giant Rana Group to establish Erisha Smart Manufacturing Hub — a groundbreaking initiative that aims to revolutionise the region’s industrial and sustainability sectors. The collaboration is set to pave the way for the operational expansion of the Group’s EV subsidiary Erisha ...

ABU DHABI / WAM Burjeel Holdings PLC (Burjeel” or the Group) on Thursday announced its net profit surged 128.9% to AED 148 million in Q2’25, reflecting margin expansion, enhanced operating leverage, and asset optimization. In H1’25, net profit rose 10.6% to AED 187 million. According to Burjeel’s financial results for the three-month and six-month periods ended on 30 June 2025, ...

ABU DHABI / WAM The National Space Academy, a UAE Space Agency initiative dedicated to developing a skilled and future-ready national workforce, has launched the Space Mission and Satellite Engineering Programme (SMSE) in partnership with EDGE. Delivered in collaboration with EDGE entities FADA and BEACON RED, the SMSE programme aims to build the UAE’s next generation of satellite engineers, system ...

MOSCOW / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Vladimir Putin, President of the Russian Federation, to discuss enhancing the strategic partnership between the two countries, in addition to regional and international issues of common interest. The two leaders met on Thursday at the Kremlin as part of His Highness’ official visit ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today, met with a number of retired senior officers from Dubai Police who had played a crucial role in establishing the foundations of security and stability in the emirate. During the meeting which took place at Al ...

DUBAI / WAM Shamal Holding, the Dubai-based diversified investment firm, today unveiled Naïa Island Dubai, a landmark private estate set to redefine ultra-luxury living in the region. At its heart, the island hosts the region’s first Cheval Blanc maison, which promises to set new standards for hospitality in the region. The maison will feature a collection of suites and private ...

ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR) hosted the International Atomic Energy Agency’s (IAEA) Level 2 Knowledge Management Assist Visit (KMAV) recently in Abu Dhabi. The mission brought together international experts to assess and enhance the UAE’s nuclear knowledge management practices with global standards and best practices. As a follow-up to the initial 2014 visit, the ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will begin an official visit to the Russian Federation on Thursday, 7th August. His Highness will discuss with Russian President His Excellency Vladimir Putin various aspects of the strategic partnership between the two countries and ways to enhance cooperation, particularly in the economic, trade, investment, energy, and ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported a 24% year-on-year increase in revenue to US$843.6 million for the first half of 2025, up from $679.2 million in the same period last year. Profit before tax surged 228 percent to $506.8 million, compared with $154.3 million in H1 2024, supported by improved profitability metrics and the recent acquisition of Nordic ...

ABU DHABI / WAM The Ministry of Finance (MoF) has signed a strategic Memorandum of Understanding (MoU) with the Institute of Management Accountants (IMA) to launch the Certified Management Accountant (CMA) and Financial and Managerial Accounting Associate (FMAA) certifications. The MoU is part of the Ministry’s ongoing efforts to equip national cadres with the highest global professional standards in accounting ...