ADX announces listing of ‘NMDC Energy’ shares next Wednesday

ABU DHABI/ WAM Abu Dhabi Securities Exchange (ADX) has announced the listing of NMDC Energy – P.J.S.C. shares, with effect from Wednesday, 11th September, in the “First Category”. The company’s share price shall be floated for three trading sessions starting from the listing date so that the price is not subject to the permitted daily rise and fall limits (15 ...

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UAE market cap soars as top 20 companies hit AED2.8 trillion

ABU DHABI/ WAM The market capitalisation of the 20 largest companies listed on the local stock exchanges by market value reached AED2.8 trillion by the end of this week, with further increases expected in line with the markets’ plans to double their market value to AED 6 trillion in the coming years. The 20 listed companies accounted for 77.6 per ...

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President Macron names Michel Barnier as French prime minister

PARIS/WAM  French President Emmanuel Macron appointed Michel Barnier, the European Union’s former Brexit negotiator, as prime minister on Thursday. Barnier is tasked with forming a new government, which is likely to end weeks of political deadlock after Macron called a snap election that delivered an unwieldy hung parliament. Barnier will now have to survive a no-confidence vote in the National ...

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UN officials call for immediate ceasefire, increased humanitarian aid to Gaza

NEW YORK/WAM United Nations officials on Wednesday called for an immediate ceasefire in Gaza, the immediate and unconditional release of all remaining hostages, and a massive scale-up of humanitarian aid to Gaza. The appeals were made by Rosemary DiCarlo, UN Under-Secretary-General for Political and Peacebuilding Affairs, and Edem Wosornu, Director of Operations at the UN’s Office for the Coordination of ...

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Abdullah bin Zayed, Muhannad Hadi discuss humanitarian response in Gaza

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Muhannad Hadi, Deputy Special Coordinator and Resident Coordinator, Office of the United Nations Special Coordinator for the Middle East Peace Process (UNSCO). During the meeting, which was held in Abu Dhabi, Sheikh Abdullah and Hadi discussed the overall developments ...

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Chaired by Sheikh Mansour, Ministerial Development Council reviews set of government projects, policies

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has chaired a meeting of the Ministerial Development Council held at Qasr Al Watan in Abu Dhabi. The Council reviewed and discussed several government projects and policies submitted by federal ministries and entities. The meeting’s agenda included discussions of ...

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Wizz Air announces inaugural long-haul Abu Dhabi-Milan route

ABU DHABI / WAM Wizz Air has announced the first route for its new Airbus A321XLR (Extra Long Range) aircraft, marking a new era of ultra-low-fare travel on long-haul routes. Starting on June 2 2025, Wizz Air will begin daily direct flights between Milan and Abu Dhabi. This route is the first of many that will utilise the Airbus A321XLR’s ...

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UAE’s Barakah Plant unit 4 starts operation

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) on Thursday announced a historic milestone for the UAE with the fourth unit of the Barakah Nuclear Energy Plant entering commercial operations, marking its full delivery. This fulfils ENEC’s promise to bring clean, abundant electricity to the UAE. Barakah is one of the most successful new build nuclear projects in ...

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ADFD joins first Arab Coordination Group meeting in Kazakhstan

ASTANA / WAM Abu Dhabi Fund for Development (ADFD) participated in a roundtable meeting of the Arab Coordination Group (ACG) in Astana. Held at the invitation of the Government of the Republic of Kazakhstan, the meeting marked the first-ever formal engagement between the ACG and Kazakhstan. Key members of ACG include ADFD, the Islamic Development Bank (IsDB), Saudi Development Fund, ...

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UAE leads way on International Day of Charity, offering support to Gaza

ABU DHABI/WAM Marking the International Day of Charity, the UAE continues to enhance its leading role in supporting humanitarian causes worldwide, with a particular focus on Operation Chivalrous Knight 3 in Gaza. The initiative, launched in response to the challenging conditions faced by residents of the Gaza Strip, epitomises the UAE’s spirit of giving, as it provides round-the-clock relief and ...

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