Emirates

UAE holds first Strategic Financial Dialogue with Bahrain

DUBAI, 7th February, 2026 (WAM) — The UAE has hosted its first Strategic Financial Dialogue with the Kingdom of Bahrain as part of the executive plan to activate the Memorandum of Understanding (MoU) signed between the two countries. Organised by the Ministry of Finance, the dialogue was attended by Younis Haji AlKhoori, Undersecretary of the […]

Emirates

Dubai Financial Market delivers strong 2025 performance

DUBAI, 29th January, 2026 (WAM) — Dubai Financial Market (DFM) today announced its consolidated financial results for the fiscal year ended 31st December 2025, reporting a net profit before tax of AED1.06 billion. The results were driven by strong trading activity, expanding international participation, and sustained confidence in Dubai’s capital markets. Performance in the fourth […]

Emirates

Masdar, ENGIE achieve financial close for 1.5GW Khazna Solar Project in Abu Dhabi

ABU DHABI, 19th January, 2026 (WAM) – Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and ENGIE, a global leader in low-carbon energy solutions, today announced they have reached financial close for the 1.5 gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent Power Project. Financing facilities have been secured with seven […]

Emirates

Oman establishes Global Financial Centre

MUSCAT, 6th January, 2026 (WAM) — In recognition of the strategic importance of establishing a global financial centre in the Sultanate of Oman to drive economic diversification, boost the financial sector’s contribution to GDP, attract capital, and foster an ecosystem attractive to investment, the Council of Ministers has approved the establishment of the “Oman Global […]

Emirates

2025 Global Financial Regulators Summit discusses private credit market

ABU DHABI, 9th December, 2025 (WAM) — The Financial Services Regulatory Authority (FSRA) of ADGM hosted the 4th edition of the Global Financial Regulators Summit during Abu Dhabi Finance Week (ADFW) 2025, convening senior regulatory representatives from the MENA, European and Asian regions. Several major players from the US industry were also invited to share […]

Emirates

UAE demonstrates leadership with new ‘Financial Inclusion Strategy’: World Bank

ABU DHABI, 17th November, 2025 (WAM) — Ousmane Dione, Vice President for the World Bank’s Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region, has affirmed the importance of the UAE’s launch of its Financial Inclusion Strategy, describing it as a significant step that opens the door to further progress and demonstrates the country’s clear […]

Emirates

UAE holds strategic financial dialogue with Russia to enhance cooperation in applying AI in public financial management

DUBAI, 31st October, 2025 (WAM) — The UAE, represented by the Ministry of Finance, held the second UAE–Russia Strategic Financial Dialogue today at the Ministry’s headquarters in Dubai. The meeting was co-chaired by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and Anton Siluanov, Minister of Finance of Russia. The dialogue aimed […]

Emirates

Zayed bin Hamdan bin Zayed discusses ways to enhance cooperation with Group CEO of Mizuho Financial Group

ABU DHABI, 31st October, 2025 (WAM) — H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, Chairman of 2PointZero, has met with Masahiro Kihara, Group CEO of Mizuho Financial Group, in the presence of senior executives from the group. During the meeting, held in Abu Dhabi, the two sides discussed avenues of collaboration and explored […]

Emirates

Dubai Financial Market reports 212% increase in net profit before tax to AED930.8 million for first nine months of 2025

DUBAI, 30th October, 2025 (WAM) — Dubai Financial Market (DFM) today announced its consolidated financial results for the nine months ending 30 September 2025, reporting a net profit before tax of AED 930.8 million, an increase of 212% compared to the same period in 2024. Total consolidated revenue reached AED 1.1 billion, up 138% year-on-year, […]

Emirates

Sanadak reduces response time to financial complaints by 50%

ABU DHABI, 20th October, 2025 (WAM) — Sanadak, the Ombudsman Unit of UAE, has announced a major reduction in the response time for consumer complaints against licensed financial institutions from 30 days to just 15 working days, This achievement marks a significant step forward in improving complaint-handling mechanisms, aligning with local and international best practices, […]

Emirates

Sharjah Award for Public Finance opens ‘Arab Financial Forum 3’ in Morocco

TANGIER, Morocco, 7th October, 2025 (WAM) – The third edition of the Arab Financial Forum for the Sharjah Award for Public Finance kicked off in Tangier, Morocco, organised by the Sharjah Finance Department (SFD) in collaboration with the Arab Administrative Development Organisation (ARADO), under the theme “Distinguished Experiences in Developing Public Finance.” The forum serves […]