Business

DP World Delivers Three New Cranes as Part of US$800 Million Tartous Port Upgrade

News Editor 18/08/2026

Photo Credit : WAM DP World has delivered three Mobile Harbour Cranes to the Port of Tartous, marking a major step in its US$800 million programme to modernise the Syrian port and support the country’s economic recovery. The new cranes are expected to increase the port’s cargo-handling capacity

Tech

UAEU’s National Space Science and Technology Centre successfully launches SEO satellite

News Editor 17/08/2026

Photo Credit : WAM The National Space Science and Technology Centre (NSSTC) at United Arab Emirates University (UAEU) has announced the successful launch of the SEO satellite from China. The satellite was carried aboard a Long March 2C rocket from the Taiyuan Satellite Launch Centre, marking another milestone in the UAE’s efforts to expand its […]

Banking

UAE Banking Assets Reach AED5.3 Trillion as Financial System Remains Resilient

News Editor 17/08/2026

Photo Credit : WAM The Central Bank of the UAE (CBUAE) has published its Financial Stability Report 2025, highlighting the continued strength and resilience of the country’s financial and banking system. According to the report, the UAE banking sector benefited from strong economic performance, solid capital and liquidity levels, improved asset quality, and sustained

Economy

Masdar, ScottishPower complete foundations at £4bn East Anglia THREE wind farm

News Editor 17/08/2026

Photo Credit : WAM Abu Dhabi Future Energy Company (Masdar) and ScottishPower Renewables have completed the installation of all 95 foundations at the £4 billion East Anglia THREE offshore wind farm off the Suffolk coast in the United Kingdom. The milestone also includes the installation of 95 transition pieces, each measuring 20 metres high and […]

Aviation

Emirates SkyCargo transports UAE’s Altair-1 satellite to US ahead of launch

News Editor 13/08/2026

Photo Credit : WAM Emirates SkyCargo has transported Altair-1, the UAE’s first commercial AI-enabled Earth observation satellite, from Dubai to the United States ahead of its scheduled launch in October 2026. The satellite was carried aboard an Emirates SkyCargo Boeing 777 freighter from Al Maktoum International Airport at Dubai World Central to Los Angeles International

Energy

TAQA’s H1 2026 net income rises 9.7% to AED4.1 billion

News Editor 13/08/2026

Photo Credit : WAM Abu Dhabi National Energy Company (TAQA) reported a 9.7 percent increase in net income attributable to shareholders for the first half of 2026, supported by stronger contributions from its transmission and generation businesses. Net income reached AED4.1 billion during the six months ended June 30, compared with AED3.7 billion in the […]

Finance

Abu Dhabi Finance Week announces first speakers for 2026 edition

News Editor 13/08/2026

Photo Credit : WAM Abu Dhabi Finance Week (ADFW), hosted by ADGM, has unveiled the first group of speakers for its fifth edition, scheduled to take place from December 7 to 10, 2026. Held under the theme “The Capital Community, Powered by Partnerships”, the event has already secured more than 200 international speakers from government, […]

Economy

ADI Chain, Shipfinex partner to develop regulated maritime token market

News Editor 11/08/2026

Photo Credit : WAM ADI Chain and Shipfinex have formed an exclusive partnership to develop what they describe as the first regulated, institutional-grade tokenised maritime asset class, opening a new digital market for vessel-backed finance, charter-linked income and economic interests in ships. Under the agreement, Maritime Asset Tokens will be issued through a regulated

Economy

MEBAA Show 2026 to unite global business aviation leaders in Dubai

News Editor 11/08/2026

Photo Credit : WAM MEBAA Show 2026 will gather leading companies from the global business and private aviation industry in Dubai from December 8 to 10. The 11th edition will take place at the Dubai Airshow site at Dubai World Central, highlighting the UAE’s growing role as a centre for aviation investment, innovation and commercial […]

Energy

FANR Outlines UAE Nuclear Safety and Security Progress in 2025 Report

News Editor 11/08/2026

Photo Credit ” WAM The Federal Authority for Nuclear Regulation (FANR) has detailed its key regulatory achievements in nuclear safety, security, radiation protection and non-proliferation in its 2025 Annual Report. The report outlines FANR’s activities during the year, including regulatory inspections, emergency preparedness exercises, research projects and

Energy Saudi Arabia

Saudi Arabia’s renewable energy capacity surges 88% to 12.3GW

News Editor 10/08/2026

Saudi Arabia’s operational renewable energy capacity increased by 88% year-on-year to 12,313 megawatts by the end of 2025, supported by the commissioning of five new solar projects. According to the Renewable Energy Statistics 2025 report issued by the General Authority for Statistics, the Kingdom had 15 operational renewable energy projects at the end of the […]

Economy

UAE Posts Strong Global Hiring Recovery as 2026 Momentum Improves

News Editor 10/08/2026

The UAE recorded one of the strongest post-pandemic hiring recoveries among leading global markets in 2025, while early data from June 2026 indicates renewed momentum following regional volatility earlier in the year. The findings were published in the UAE Economic Graph Report 2026, prepared by LinkedIn in partnership with the Ministry of Foreign Trade. Titled […]

Arts & Culture

ALC Launches New Report to Strengthen Arabic Literature Education

News Editor 10/08/2026

Photo Credit : WAM The Abu Dhabi Arabic Language Centre (ALC) has released the second report under its Arabic Language Curricula Study Project, focusing on the selection and teaching of literary texts across the Arab world. Titled Literary Texts: Reference Framework, Selection, and Teaching Methods, the report supports the Centre’s efforts to improve Arabic language […]

Economy

ADGM Academy sets 2030 focus on future-ready Emirati talent and AI skills

News Editor 07/08/2026

Photo Credit: WAM ADGM Academy & Research Centre is sharpening its focus on developing future-ready Emirati talent, strengthening workforce capabilities and reinforcing Abu Dhabi’s position as a regional centre for education, executive development, applied research and innovation through 2030. Mansoor Jaffar, CEO of ADGM Academy & Research Centre, said the

Economy

ADNOC L&S expands fleet with $1.3bn acquisition of 11 vessels

News Editor 07/08/2026

Photo Credit : WAM ADNOC Logistics & Services plc (ADNOC L&S) has announced the acquisition of 11 vessels in a deal valued at approximately $1.3 billion (AED4.8 billion), accelerating the expansion of its gas and crude oil shipping fleet. The transaction includes five modern Very Large Gas Carriers (VLGCs) and six Very Large Crude Carriers […]

Economy

XRG Chemicals Portfolio Posts Resilient Q2 Earnings, Strengthens Value Creation for UAE

News Editor 07/08/2026

Photo Credit : WAM XRG, ADNOC’s international investment arm, reported resilient second-quarter performance across its chemicals portfolio, highlighting the benefits of diversification, operational strength and disciplined execution. Through Borouge International, Covestro and Fertiglobe, XRG has developed a portfolio of leading chemicals and advanced materials businesses

Economy

Ras Al Khaimah Draws AED771.5 Million in Investments During H1 2026

News Editor 06/08/2026

Ras Al Khaimah attracted more than AED771.5 million in capital investments during the first half of 2026, strengthening its position as a growing business and investment destination in the UAE. The investments were recorded through 967 newly registered establishments, while 1,399 new investors from 68 nationalities entered the emirate’s business landscape during the

Economy

Burjeel Holdings Reports AED2.8 Billion Revenue in First Half of 2026

News Editor 06/08/2026

Photo Credit : WAM Burjeel Holdings reported revenue of AED2.794 billion for the first half of 2026, representing a 4.4 percent increase compared with the same period last year. The healthcare group’s EBITDA, excluding one-off items, increased by 24.6 percent year-on-year to AED517 million. Adjusted net profit nearly doubled, rising 97.4 percent to AED227 million. […]

Economy

ADNEC Group Wins 13 Stevie Awards for Event Innovation and Excellence

News Editor 06/08/2026

Photo Credit : WAM ADNEC Group, a Modon company, has secured 13 awards at the 2026 Middle East and North Africa Stevie Awards, recognising the group’s achievements in event management, visitor engagement and the delivery of major international experiences. The awards were presented to ADNEC Group’s event management and services divisions, Capital Events and Capital […]

Energy

Dana Gas, Crescent Petroleum Begin Gas Supply to Iraq’s Kirkuk Power Station

News Editor 05/08/2026

Photo Credit : WAM Dana Gas and Crescent Petroleum have started supplying natural gas from the Khor Mor field in the Kurdistan Region of Iraq to the Iraqi Ministry of Electricity, supporting electricity generation at the Kirkuk Taza power station. Under an agreement signed with the ministry in December, the companies will supply 100 million […]