BEIJING, 1st November, 2025 (WAM) — More than 40 percent of China’s gross manufacturing output at national, provincial, and municipal levels will come from green factories by 2030, an official from the Ministry of Industry and Information Technology (MIIT) said at a routine policy briefing on Friday. To achieve the goal, the ministry plans to […]
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, […]
ABU DHABI, 21st September, 2025 (WAM) — Abdullah bin Touq Al Marri, Minister of Economy and Tourism, affirmed that startups and entrepreneurs constitute a fundamental pillar in the UAE’s economic growth journey, noting that the country aims to increase the number of companies to more than two million by 2031. In statements to the Emirates […]
SHARJAH, 18th September, 2025 (WAM) – Following its recent recognition as the UAE’s fastest-growing emirate for foreign direct investment (FDI) in the first half of 2025, Sharjah is continuing to demonstrate notable economic returns from this influx of capital. The new performance data from H1 2025 confirms that these investments are actively expanding the project […]
ABU DHABI,25th August, 2025 (WAM) – Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Angola expands the UAE’s ties with Sub-Saharan and West African markets — a high-growth region seeking to accelerate its development […]
ABU DHABI, 17th August, 2025 (WAM) — The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced robust growth in the issuance of certificates of origin, affirming the emirate’s rising non-oil exports, success of economic diversification plans, and vibrant external trade environment. The Chamber recorded a 10.3 percent year-on-year increase in certificates of origin […]
DUBAI, 6th August, 2025 (WAM) — Dubai’s Roads and Transport Authority (RTA) announced a 20 percent increase in nol card top-up transactions through digital channels during the first half of 2025, compared to the same period in 2024. This reflects ongoing efforts to advance digital transformation in public transport services and enhance customer satisfaction. The […]
AJMAN,10th June, 2025 (WAM) – Ajman Transport Authority (ATA) carried 439,168 passengers across various modes of transport in the emirate during the Eid Al-Adha holiday, marking a 34% increase compared to Eid Al-Adha last year. This growth reflects the efficiency of Ajman’s transport system and the increasing public trust in the Authority’s modern and diverse […]
DUBAI, 5th May, 2025 (WAM) — Emirates Integrated Telecommunications Company PJSC (du) reported its financial results for the first quarter of 2025, marked by robust growth in both revenues and profitability. Total revenues increased by 7.4% year-over-year, driven by solid performance across both service and non-service segments. EBITDA rose by an impressive 15.0% supported by […]
BRUSSELS, 20th March, 2025 (WAM) — The European Union is set to significantly increase its defence spending, allocating €800 billion ($868 billion) over the next four years. This includes €150 billion in loans for weapons projects and exemptions from EU debt rules for defence investments. During their summit in Brussels today, EU leaders agreed to […]
DUBAI, 27th February, 2025 (WAM) — The Dubai Financial Services Authority (DFSA) announced a significant 31% increase in the number of authorised firms in 2024, with 135 new entities added, bringing the total number of regulated entities to more than 900. This continued growth highlights the DFSA’s ongoing commitment to strengthening the financial services sector […]
ABU DHABI,11th February, 2025 (WAM) – A new report by Deloitte, the leading global professional services firm, in collaboration with Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), reveals the immense opportunities presented by artificial intelligence (AI) in the Middle East. The 2025 State of AI in the Middle East Report also shines a spotlight […]
