GENEVA, 22nd August, 2026 (WAM) — As Artificial intelligence (AI) has the potential to reshape human development, the global AI market is projected to hit $4.8 trillion by 2033 – roughly the size of Germany’s economy – a 25-fold increase in just ten years, according to UN Trade and Development (UNCTAD). This rapid expansion is […]
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 […]
BEIJING, 15th January, 2026 (WAM) — China remained the world’s largest online retail market for a 13th consecutive year, with its digital consumption exceeding 23.8 trillion yuan (about US$3.39 trillion), official data showed. The figures were released at a national e-commerce work conference, China Central Television (CCTV) reported. The conference said China’s e-commerce sector has […]
BEIJING, 13th January, 2026 (WAM) — China has revealed its first artificial intelligence (AI) model designed to analyse the impact of weather patterns on financial markets, marking a novel step in climate-aware risk management, the China Meteorological Administration (CMA) has said. The model Shangji, or Stock, was jointly developed by the Shanghai-based Fudan University and […]
RAS AL KHAIMAH, 13th January, 2026 (WAM) — Ras Al Khaimah’s real estate market recorded strong growth in 2025, driven by rising demand for integrated residential and tourism developments, according to a market report. Al Hamra Village coastal community posted robust performance in the villa segment, with the average price per square foot rising by […]
OSLO, 2nd January, 2026 (WAM) — Norway has effectively met its 2025 target of phasing out new fossil-fuel cars, with year-end figures showing that almost all new passenger vehicles sold were electric or plug-in models. According to data released by the Norwegian Road Federation (OFV), a total of 179,549 new passenger cars were registered in […]
DUBAI, 1st January, 2026 (WAM) — The UAE Government has issued a federal decree law concerning the Capital Market Authority and a federal decree law concerning the Regulation of Capital Markets, as part of the UAE’s ongoing efforts to modernise the legislative and regulatory framework governing the financial sector and enhance its stability, efficiency, and […]
DUBAI, 16th December, 2025 (WAM) — The United Arab Emirates and the Republic of Azerbaijan are exploring avenues to enhance bilateral cooperation in labour market fields, including attracting skilled Azerbaijani professionals to work in the UAE. This effort aligns with the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries which came into effect […]
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 […]
DUBAI, 24th November, 2025 (WAM) — Lorenzo Fanara, Ambassador of Italy to the United Arab Emirates,, affirmed that Italian companies enjoy a strong presence in the UAE market, particularly in the construction materials sector—especially marble and natural stones, which are widely appreciated—alongside Italian construction equipment and machinery, which are among the most advanced and reliable […]
ABU DHABI, 10th November, 2025 (WAM) –Thuraya, a subsidiary of Space42, has announced the commercial rollout of its next-generation mobile communications satellite, Thuraya-4, in South Africa. The expansion marks Thuraya’s complete portfolio operational presence in the country and a major milestone in bringing reliable satellite connectivity to one of Africa’s fastest-growing digital markets. The rollout […]
LONDON, 6th November, 2025 (WAM) — Expo Centre Sharjah participated in the 45th World Travel Market (WTM), one of the world’s most influential travel and tourism events, held in London from 4th to 6th November 2025. Marking the largest edition in its 45-year history, WTM London 2025 brought together more than 4,000 exhibitors representing 180 […]
