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News Saudi Arabia

Saudi Arabia’s Al-Harfi Co. signs 760MW solar deal with Syria

Photo Credit: SPA Dubai, UAE — August 2026 — Three Power Purchase Agreements were signed Wednesday in Damascus between Saudi Arabia’s Mohammed Ahmed Al-Harfi Company and the Syrian Electricity Company, advancing 760 MW of solar capacity under Saudi Ministry of Energy supervision. According to the Saudi Press Agency, the agreements cover Al-Harfi Company’s development of
Jordan News

Jordan, US sign first strategic goals agreement worth $354.6 million

Photo Credit: WAM Dubai, UAE — August 2026 — Jordan’s Ministry of Planning and International Cooperation has signed a four-year Strategic Goals Agreement governing bilateral cooperation with the United States, marking the first such agreement with the current US administration. The agreement, valued at $354.6 million, aligns with Washington’s new direction on foreign
Energy UAE

AI transformation delivers tangible results, cuts insurance refund time to 8 mins: DEWA CEO

Photo Credit: WAM Dubai, UAE — August 2026 — Dubai Electricity and Water Authority is reaping concrete benefits from its strategic roadmap to become the world’s first AI-native utility, according to Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA. According to the Emirates News Agency, Al Tayer highlighted a series of measurable achievements driven […]
Crypto UAE

Emirates launches Crypto.com Pay for flight bookings

Photo Credit: WAM Dubai, UAE — July 2026 — Emirates has officially launched Crypto.com Pay, allowing customers to use the digital payment service when booking flights through the airline’s website and mobile app. The rollout marks the culmination of a partnership first announced in July 2025, when the two companies signed a memorandum of understanding to […]
News UAE

UAE ministry registers first Indian-owned family business in unified family companies registry

Photo Credit: WAM Dubai, UAE — July 2026 — Dubai-based Sellforce International, a subsidiary of RAJ Group, has become the first Indian family-owned company to be listed in the UAE Ministry of Economy and Tourism’s Unified Registry for Family Companies, the ministry announced Monday. The registration certificate was presented in the presence of Abdulla bin […]
News UAE

UAE cements position as global leader in financial inclusion

Dubai, UAE — July 2026 — The UAE has reinforced its standing among the world’s leading countries in financial inclusion, underpinned by an integrated framework built on innovation, digitization, consumer protection and financial wellbeing. The UAE views financial inclusion as a core pillar of economic and social development, backing this with legislation affirming every
Banking UAE

First Abu Dhabi Bank H1 2026 net profit rises 1% to $2.9bn

Photo Credit: WAM Dubai, UAE — July 2026 — First Abu Dhabi Bank reported a 1 percent year-on-year increase in net profit for the first half of 2026, reaching AED 10.73 billion ($2.9 billion), while tangible return on equity remained above the group’s medium-term guidance at 18.5 percent. The group’s operating income grew 7 percent year-on-year to AED 19.50 […]
Lebanon

Trump clears US airlines for direct flights to Lebanon after historic Aoun meeting

Dubai, UAE — July 2026 — US President Donald Trump announced Tuesday that he is directing his administration to permit US airlines to resume direct flights to Lebanon, a move that came shortly after his first Oval Office meeting with Lebanese President Joseph Aoun. Trump made the announcement on Truth Social, praising Aoun for what he called a “remarkable […]