ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with Bruce Flatt, CEO of asset and alternative investment management company Brookfield Corporation. The meeting explored ways to strengthen cooperation in investment and asset management between UAE-based institutions and Brookfield, in line with global …
Read More »Awqaf Dubai announces 52% growth in endowment assets, reaching AED718m in 2026
DUBAI / WAM The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has announced that the value of educational endowment assets registered with the Foundation reached AED718 million in 2026, marking a 52 percent increase compared to the previous year. The assets, distributed across 52 endowments, are dedicated to supporting the education sector and empowering students from low-income families. …
Read More »Ministry of Defence confirms UAE airspace free of any air threats during past hours
ABU DHABI / WAM The Ministry of Defence announced that on 9th April 2026, UAE air defence systems did not detect any ballistic missiles, cruise missiles, or UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. No injuries were recorded …
Read More »Mubadala assets under management grow 17 percent to AED1.4 trillion
ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi–based sovereign investor, on Thursday reported strong financial performance in its 2025 annual results. Assets under management grew 17 percent to AED1.4 trillion (US$385 billion), with annualised five- and ten-year returns exceeding 10 percent. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO, commented, “The strength of Mubadala’s performance in 2025 …
Read More »Mohammed bin Rashid: “We take pride in our country, Our president, our Armed Forces, our economy, and all citizens and residents who move this country forward every day”
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has called on citizens and residents across the country to raise the UAE flag on homes, institutions, and buildings. The call highlights a renewed focus on unity, national identity, and shared responsibility, and reinforces the role of the flag as a …
Read More »UAE President receives UK Prime Minister to discuss regional developments and cooperation
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received the Rt Hon Sir Keir Starmer, Prime Minister of the United Kingdom, who is on a visit to the UAE. During the meeting, His Highness and the UK Prime Minister discussed developments in the Middle East and their serious implications for regional and …
Read More »UAE President attends wedding reception of Rashid Al Qubaisi
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a wedding reception held to celebrate the marriage of Rashid Mohammed Ahmed Hamel Al Qubaisi to the daughter of Saeed Rashid Sultan Al Muhairi. His Highness congratulated the groom and his family, wishing him a happy and fulfilling married life. The groom’s family expressed their …
Read More »DIFC introduces package of relief measures to support clients
DUBAI / WAM Dubai International Financial Centre (DIFC) is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment. In a statement on Thursday, DIFC stated that effective immediately, the initiatives are designed to ease short-term operational and financial pressures. Arif Amiri, Chief Executive Officer of …
Read More »DAE, BXCI announce global aviation leasing investment programme
DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd and Blackstone Credit & Insurance (BXCI) today announced an agreement to partner to launch a new long-term global investment programme that will be branded “Equator” and will invest in aircraft on lease to commercial airlines, with a target deployment of approximately US$1.6 billion annually. Equator will build a diversified portfolio of commercial …
Read More »Gross banks’ assets increased to AED5,472.5b at end of February 2026
ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced an increase in money supply aggregate M1 by 1.7 percent, from AED1,081.3 billion at the end of January 2026 to AED1,099.8 billion at the end of February 2026. The increase was supported by an increase in currency in circulation outside banks by 1.4 percent and in monetary deposits …
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