Monday , 10 August 2026

Alef Education reports AED361.6m revenue in the first half of 2026

ABU DHABI / WAM Alef Education Holding PLC, listed on the Abu Dhabi Securities Exchange (ADX), announced strong financial results for the first half of 2026, with revenue rising to AED361.6 million, up 1.2 percent compared to the same period last year. The company also achieved an EBITDA margin of 74.7 percent, one of the highest in the education technology …

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Space42 posts $260mn revenue in H1 of 2026

ABU DHABI / WAM Space42, the UAE-based AI-powered SpaceTech company with global reach, on Thursday announced its consolidated financial results for the first half of 2026, delivering a record financial performance with revenue increasing 15 percent year-on-year to US$260 million. The company reported a net profit of $18 million, with a 7 percent margin, while normalised EBITDA increased 12 percent …

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UAE Floating Hospital continues providing care to patients from Gaza Strip

AL ARISH / WAM The UAE Floating Hospital in Al Arish, Arab Republic of Egypt, has received nine new patients and injured individuals from the Gaza Strip to receive the necessary medical treatment and specialised healthcare, as part of the ongoing humanitarian and medical efforts undertaken by the United Arab Emirates under Operation Chivalrous Knight 3 to support the Palestinian …

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UAE Aid Agency provides support to flood victims in Bangladesh

ABU DHABI / WAM The UAE Aid Agency announced the provision of urgent humanitarian supplies to meet the most pressing needs of those affected by the floods that struck the People’s Republic of Bangladesh following heavy monsoon rains. The assistance reflects theUAE’s commitment to standing alongside friendly countries during times of crisis and natural disasters, and forms part of its …

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METAS 2026 Strengthens the UAE’s Position as a Strategic Hub Linking Chinese Automotive Brands with Markets Across the Middle East and North Africa

The 5th edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) concluded today at Expo Centre Sharjah after three days of intensive trade activity, drawing over 19,000 professional buyers and generating approximately USD 210 million in tentative cooperation orders across the three-day event. Organised by Inter Commerce Expo Corp. (ICEC), METAS 2026 brought together 51 exhibitors …

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Department of Community Development – Abu Dhabi launches Qudwati programme

ABU DHABI / WAM The Department of Community Development – Abu Dhabi (DCD) has launched Qudwati programme as part of its ongoing efforts to provide Emirati youth with the knowledge and skills that broaden their perspectives and strengthen their ability to make informed decisions across their personal, social, and professional lives. The programme serves as an interactive opportunity that connects …

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UAE President and Canadian Prime Minister discuss regional developments and efforts to strengthen bilateral cooperation in phone call

ASTANA / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Right Honourable Mark Carney, Prime Minister of Canada, discussed during a phone call bilateral relations and efforts to enhance ties, particularly in the economic, investment, energy, technology, and artificial intelligence sectors, as well as other areas that promote development and serve the mutual interests of …

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SUMEA OPENS 12,000 SQM GLOBAL TRADE HUB IN JAFZA

SUMEA, the Dubai-headquartered international sourcing, procurement and supply chain group, has opened SUMEAWORLD, a nearly 12,000 square metre global trade hub in DP World’s Jebel Ali Free Zone (Jafza), consolidating sourcing, procurement, warehousing and global distribution under one roof. The facility, secured on a 20-year commitment, will serve as SUMEA’s regional headquarters and central logistics platform, enabling customers and business …

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