AJMAN, 15th May, 2025 (WAM) — The Emirate of Ajman recorded a 24.3 percent increase in real estate valuation transactions in April compared to March, with a total value of AED446.8 million generated through 189 transactions. Eng. Omar bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation, said that the […]
ABU DHABI, 14th May, 2025 (WAM) — Abu Dhabi National Insurance Company (ADNIC) has delivered strong financial results for the first quarter of 2025. It reported a net profit before tax of AED133.3 million, marking a 19.2 percent increase compared to the same period in 2024 as a result of strong underwriting and investment performance. […]
SHARJAH,13th May, 2025 (WAM) – Air Arabia (PJSC), the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, today reported a strong first quarter of 2025 financial and operational results, as the airline continued to expand its network and further strengthening its leadership position in the market. Air Arabia reported […]
DUBAI, 13th May, 2025 (WAM) — Dubai International Financial Centre (DIFC) has launched the ‘1 Million Learners’ initiative as part of the DIFC Sustainable Finance Catalyst. The new initiative aims to equip one million individuals with knowledge in sustainability and sustainable finance by 2030. The announcement was made during the Dubai FinTech Summit, hosted by […]
DUBAI, 11th May, 2025 (WAM) — AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the UAE’s NextGen FDI initiative, will accelerate AqlanX’s mission to localise and expand […]
DUBAI, 9th May, 2025 (WAM) — Emirates Central Cooling Systems Corporation PJSC – Empower, the world’s largest district cooling services provider, announced its financial results for the first quarter of 2025. The company reported a total revenue of AED540 million, representing a 0.4 percent increase compared to the same period in 2024, and EBITDA (Earnings […]
RAS AL KHAIMAH, 9th May, 2025 (WAM) — RAK Properties today announced its financial results for the first quarter of 2025. The results mark a strong start to a milestone year in which the Company celebrates two decades of growth, underpinned by delivery, discipline and destination-making. RAK Properties reported revenue of AED370 million in Q1 […]
AJMAN, 7th May, 2025 (WAM) — The International Charity Organisation has announced the launch of its 2025 summer campaign, targeting the implementation of projects valued at AED28 million. The campaign aims to carry out dozens of charitable initiatives both within and outside the UAE, as part of the Organisation’s efforts to support underprivileged families, orphans […]
ABU DHABI, 6th May, 2025 (WAM) – The Arab Authority for Agricultural Investment and Development (AAAID) reported a total investment of US$664 million in 45 agricultural companies by the end of 2024, according to its latest annual report. The investments span four key sectors: food manufacturing, livestock production, crop production, and agricultural services. The report […]
DUBAI, 6th May, 2025 (WAM) — dnata, a global air and travel services provider, announced plans to deploy 800 new ground support equipment (GSE) units across its global network in 2025. The rollout, valued at US$110 million, is part of the company’s broader investment strategy to further enhance operational performance and reduce emissions throughout its […]
ROME, 2nd May, 2025 (WAM) – The Food and Agriculture Organisation of the United Nations (FAO) released a new Cereal Supply and Demand Brief on Friday, with revised estimates for 2024 and fresh insights on cropping conditions and prospects for 2025. FAO’s latest forecast for 2025 wheat production is pegged at 795 million tonnes, on […]
BEIJING, 30th April, 2025 (WAM) — China has submitted more than 1,576,000 artificial intelligence (AI) patent applications as of 9th April, accounting for 38.58 percent of the global total and securing the top global position, according to the latest data. Xu Shan, Deputy Director of the International Cooperation and Technical Service Department at the CAICT […]
