ABU DHABI, 7th October, 2026 (WAM) — Abu Dhabi Islamic Bank (ADIB) said that its shareholders have approved the proposed increase in the bank’s issued and paid-up share capital through a rights issue expected to raise approximately AED1.75 billion in gross proceeds. The resolution was approved by the requisite majority of shareholders at the General […]
Three Chinese airlines have announced plans to acquire a combined 95 Airbus aircraft, including A350 widebodies and A320neo-family jets, as the country’s carriers continue to expand capacity and modernise their fleets. Air China, Shenzhen Airlines and Hainan Airlines disclosed orders with a combined list-price value of approximately $17.8 billion in filings with the Shanghai Stock […]
ABU DHABI, 9th February, 2026 (WAM) — PureHealth Holding has announced its financial results for the year ended 31st December 2025, and proposed to distribute a cash dividend of AED600 million for FY 2025, subject to regulatory and shareholder approvals. The Group reported revenue of AED27.3 billion in FY2025, up 5.7 percent year-on-year, supported by […]
ABU DHABI, 9th February, 2026 (WAM) — ADNOC Gas plc today announced a record net income of $5.2 billion, a 3 percent increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. The Company’s results underscored the strength of its long-term strategy, delivering record full-year results despite an […]
SHARJAH, 8th February, 2026 (WAM) — The Sharjah Real Estate Exhibition “ACRES 2026”, organised by the Sharjah Chamber of Commerce and Industry, the Sharjah Real Estate Registration Department, and Leader Events Management, concluded at Expo Centre Sharjah with real estate transactions exceeding AED5 billion, recording a 17 percent increase compared to last year. The Sharjah […]
SEOUL, 7th February, 2026 (WAM) — South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange. Bithumb apologised for the mistake, which took place on Friday, and said it had recovered 99.7% of […]
ABU DHABI, 5th February, 2026 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said that the signing of the Services Trade & Investment Agreement by the UAE and the Republic of Armenia marks a pivotal milestone in deepening economic integration and broadening bilateral cooperation between the two nations. In statements to […]
ABU DHABI, 5th February, 2026 (WAM) — NMDC Group, a global leader in engineering, procurement, construction and marine dredging, on Thursday announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion, up 10 percent y-o-y, with the UAE representing 81 percent of total revenues and international markets representing the remaining 19 […]
DUBAI, 3rd February, 2026 (WAM) — TECOM Group PJSC, the creator of specialised business districts and vibrant communities, has announced its financial results for the year ending 31st December 2025 (FY 2025), reporting strong year-end performance supported by sustained growth across its commercial, industrial and land portfolios. The Group said the results were driven by […]
SHARJAH, 2nd February, 2026 (WAM) — On the “UAE and Kuwait: Brothers Forever” week, the Sharjah Real Estate Registration Department revealed figures highlighting the rapid growth of real estate investments by citizens of the sisterly State of Kuwait, reaffirming the depth and strength of the historical and economic ties between the United Arab Emirates and […]
ABU DHABI, 2nd February, 2026 (WAM) — Aldar has announced the addition of several strategic land plots across Abu Dhabi, with a combined gross development value of around AED23 billion, further strengthening its landbank and providing a pipeline for sustained long-term growth across the capital’s key development corridors. The sites span over 2.3 million sqm […]
DUBAI, 31st January, 2026 (WAM) — Dubai’s economy continued its upward trajectory in 2025, delivering strong growth that underscores its resilience and sustained momentum. The emirate recorded a Gross Domestic Product (GDP) of approximately AED355 billion during the first nine months of 2025, including AED113.8 billion in the third quarter alone. The economy expanded 4.7% […]
