Marking an oversubscription of 6.3 times. Yield to Maturity (YTM) of 3.99% for the May 2027 tranche and 4.06% for the newly issued 5-Year tranche maturing in May 2030, with a tight spread of 2 and flat basis points respectively, above comparable US Treasuries at the time of issuance. Abu Dhabi, UAE - 22 May 2025: The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the May 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to AED 1.1 billion. This issuance forms part of the T-Sukuk issuance program for the year 2025, as published on the MoF’s official website. The auction attracted robust demand from eight primary dealers across both tranches ......read more

Abu Dhabi, United Arab Emirates – 21 May 2025: In a landmark move to advance sustainability and scientific education across the region, Abu Dhabi Fund for Development (ADFD) and the International Center for Biosaline Agriculture (ICBA) have signed a sponsorship agreement to develop the Middle East and North Africa's first comprehensive guide for establishing and operating soil museums. The announcement was made during the fourth edition of "Make it in the Emirates," reinforcing the UAE's role as a global hub for innovation, sustainability, and science-based policy. Designed to promote soil conservation and responsible resource management in arid environments, the guide will serve as a blueprint for institutions across the region. Backed by ADFD funding, the guide will be transformed into a practical training ......read more

The country will host the INTA General Assembly in 2029, becoming the first country in the Middle East to do so Abu Dhabi, 21 May 2025 – The UAE participated in the General Assembly meeting of the International Trademark Association (INTA), held in San Diego, USA. The discussions centered on the future of intellectual property (IP) amid rapid technological progress, particularly the role of modern innovations in reshaping IP rights protection. Key topics included the need to advance legal and regulatory frameworks to keep pace with ongoing developments in innovation and creativity landscapes. H.E. Abdelrahman Almuaini, Assistant Undersecretary for the Intellectual Property Rights Sector at the UAE Ministry of Economy, reaffirmed the UAE’s strategic and proactive approach to enhancing IP protection systems ......read more

Collaboration to provide seamless digital transformation through an investment of USD 5 million in wallet credit for areeba customers to access Zoho’s solutions Dubai, UAE-21 May, 2025 – Zoho, a leading global technology company, and areeba, a leading payment processing service provider in the Middle East, today announced a strategic partnership agreement aimed at fast-tracking digital transformation of businesses across the region. The MoU was signed in a ceremony at Seamless Dubai 2025 by Prem Anand Velumani, Associate Director, Strategic Alliances, Zoho Middle East and Africa (MEA) and Maher Mikati, CEO, areeba. Through this collaboration, Zoho will invest up to USD 5 million worth of wallet credits to enable areeba’s business customers across UAE, Qatar, Iraq, Jordan, Egypt and Lebanon to access Zoho’s ......read more

New agreement to support national industrial growth, supplier development, and strategic integration into global aerospace value chains. Abu Dhabi-UAE. May 20, 2025 – The Ministry of Industry and Advanced Technology (MoIAT) has signed a strategic Memorandum of Understanding (MoU) with Airbus Africa and Middle East to advance the development of a domestic aerospace capability enhancement program. His Excellency Omar Suwaina Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, and Gabriel Semelas, President of Airbus Africa and the Middle East, signed the agreement on the sidelines of Make it in the Emirates 2025, the UAE's flagship industrial platform. The MoU establishes a framework for long-term collaboration to support the UAE's national industrial objectives, including supplier ......read more

Abu Dhabi, United Arab Emirates – 20th May 2025: As part of its prominent participation in the fourth edition of Make it in the Emirates 2025, Abu Dhabi Exports Office (ADEX), the export financing arm of Abu Dhabi Fund for Development (ADFD), in collaboration with the Ministry of Industry and Advanced Technology, hosted a high-level panel discussion titled "Makers, Innovators, and Game Changers: Emirati Women Shaping the Industrial Sector". The session formed part of ADEX's ongoing efforts to highlight the role of Emirati women in the industrial sector, building on the UAE's existing track record of success in empowering women across vital industries. It also reinforced the nation's broader economic diversification agenda and its commitment to enhancing the global competitiveness of ......read more

UAE, Abu Dhabi: May 20, 2025 – His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the signing of five Memoranda of Understanding (MoUs) between the ministry and a group of leading national banks: First Abu Dhabi Bank, Emirates NBD,  Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, and WIO Bank. These agreements provide competitive financing solutions exceeding AED 40 billion to support the development and expansion of the UAE's industrial sector. The MoUs are intended to stimulate investments in industry and advanced technology, offer tailored financing for small and medium-sized enterprises (SMEs), and strengthen strategic public-private partnerships. This initiative supports the UAE's broader objectives for industrial growth and sustainable economic ......read more

Abu Dhabi, May 20, 2025 The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate Tax for the purposes of Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The decision expands the scope of the corporate tax exemption to include foreign entities that are wholly owned by certain exempted entities —such as government entities, government-controlled entities, qualifying investment funds, and public pension or social security funds, subject to meeting the relevant conditions. Prior to the issuance of Cabinet Decision No. (55) of 2025, the corporate tax exemption was limited to entities incorporated within the UAE. Foreign entities, even if wholly owned by certain exempt entities (such as government entities, ......read more

Al Ain Farms Group (AAFG) unites five leading UAE dairy, poultry, juice and egg brands Al Ain Farms, Marmum Dairy, Al Ajban Chicken, Al Jazira Poultry Farm's Golden Eggs, and Saha Arabian Farms under one group, with a shared ambition to be the region's leading provider in protein and beverages. Backed by both Ghitha Holding and Yas Holding, AAFG aims to contribute to the UAE's food security, industrial innovation, and self-reliance objectives in line with UAE National Food Security Strategy 2051. AAFG has outlined a five-year roadmap to scale operations, drive innovation, and boost national production. Abu Dhabi, UAE – May 20, 2025: In a landmark moment for the UAE's food production and industrial sectors, Al Ain Farms Group (AAFG) was officially launched at the "Make it in the Emirates" Forum ......read more

AED 100 Million Investment to Boost Local Manufacturing and Innovation with First-of-its-Kind R&D Hub for Oil & Gas Chemicals and Coatings The strategic move enables faster, more cost-effective delivery of solutions while significantly reducing the carbon footprint associated with importing specialty chemicals from overseas This facility is the only in-situ SO₃ manufacturing and sulphonation plant of its kind across the Middle East, Africa, and Europe. May 20, 2025; Abu Dhabi, UAE – Reaffirming its commitment to the UAE's "Make it in the Emirates" initiative, AquaChemie is proud to announce its strategic acquisition of Global Chemical Company L.L.C., a premier chemical manufacturing facility located in ICAD, Abu Dhabi. With a total investment of over AED 100 million, this move marks a ......read more

HE Al-Zeyoudi: "The CEPA program is not only creating access to diverse markets - it is also facilitating knowledge transfer and skills development across various sectors. As we innovate and diversify, we are building a robust industrial foundation that will sustain our economic growth." Dubai, UAE – 20 May, 2025: His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, participated in a panel discussion titled "Redefining Industry, Trade, and Investment" as part of the opening ceremony at the 'Make It In The Emirates' event, where he reaffirmed the UAE's commitment to advancing its industrial sector and boosting local production through strategic initiatives and global partnerships. The 'Make It In The Emirates' event has emerged as a vital platform for ......read more

The College has become the only school in Al Ain to hold Outstanding ratings from both BSO and ADEK The press release is attached for your consideration. United Arab Emirates, Al Ain, 20 May 2025: Brighton College Al Ain has been officially recognised as an Outstanding school in all assessed categories following its exceptional performance in the latest British Schools Overseas (BSO) inspection, reaffirming its commitment to delivering world-class education for pupils aged three to 18. Furthermore, it is the only school in Al Ain to achieve the Outstanding rating, the highest possible grading, from both BSO and ADEK (Abu Dhabi Department of Education and Knowledge), reinforcing its position as a leader in British international education. Conducted over four days in February 2025, the inspection—quality assured by ......read more

Highlighting career opportunities in international financial organisations for Emirate students  London, May 19, 2025 The Ministry of Finance, in cooperation with the UAE Embassy in the UK and the Education and Technology Sciences Attaché Office, hosted an awareness session for Emirati students studying in the UK. The event was held as part of the Ministry’s “UAE Global Cadres”, an initiative that seeks to empower Emirati youth and broaden their exposure to professional and training opportunities within major international financial institutions. Building Professional Relationships Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry of Finance, stressed that the UAE Global Cadres programme plays a key role in opening up new ......read more

HE Juma Al Kait: “Our discussions this week have underlined trade’s pivotal role in growth, diversification and innovation, and its ability to empower a more equitable future” Abu Dhabi, UAE – 19 May 2025 - The United Arab Emirates participated in the second G20 Trade and Investment Working Group Meeting (TIWG) in South Africa’s Western Cape, held recently. The UAE delegation, headed by His Excellency Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, reaffirmed the UAE’s commitment to open, rules-based trade, and highlighted its role to as means of delivering economic prosperity, sustainable development and green growth, during the three-day forum. The Trade and Investment Working Group, held under South Africa’s presidency of the G20, ......read more

With a focus on enabling local manufacturing and distribution of therapies, Mubadala Bio is reinforcing national drug security and positioning Abu Dhabi as a regional hub for life sciences Abu Dhabi, 19 May 2025 – Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, today announced the launch of Mubadala Bio, a life sciences company committed to strengthening the life sciences sector in the UAE and advancing better health outcomes for the UAE and the world. The launch of this National Champion represents a strategic step that reflects Mubadala's commitment to healthcare resilience, strengthening drug security, expanding access to essential, high-quality therapeutics and medical devices, and accelerating the UAE's economic diversification and building a knowledge-based ......read more

Abu Dhabi, 16 May 2025: The fourth edition of Make it in the Emirates, taking place from 19 to 22 May 2025 at ADNEC Centre Abu Dhabi, will for the first time feature a dedicated Handicrafts Exhibition, spotlighting the UAE’s rich heritage of craftsmanship and its integration into modern manufacturing, sustainability, and global markets. Hosted by the Ministry of Industry and Advanced Technology, organised by ADNEC Group, and held in collaboration with strategic partners the Ministry of Culture, Abu Dhabi Investment Office, and ADNOC, this year’s edition aims to bridge the past with the future by positioning traditional crafts as a vital contributor to the national economy. Spanning more than 1,000 square metres, the Handicrafts Exhibition will bring together over 170 exhibitors including artisans, ......read more

Revenue growth of 3.8% year-on-year driven by Transmission and Distribution Net income for Q1 decreased by 1.5% year-on-year, demonstrating resilience amidst commodity price volatility and a decline in oil and gas production TAQA Board approves Q1 interim dividend of 0.75 fils per share Group accelerates international renewables growth through Masdar and prepares to power AI in the UAE Abu Dhabi, UAE – 15 May 2025: Abu Dhabi National Energy Company PJSC (“TAQA” or “the Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has reported its earnings for the three-month period ending 31 March 2025. TAQA delivered a 3.8% year-on-year revenue growth, reaching AED 14.2 billion, primarily driven by higher ......read more

With an innovation-driven approach, KEZAD unlocks growth potential for investors and showcases industrial excellence at the latest edition of MIITE Abu Dhabi, UAE – May 14, 2025 – Khalifa Economic Zones Abu Dhabi - KEZAD Group, the largest operator of fully integrated and purpose-built economic zones in the region, is the official enablement partner for the fourth edition of Make it in the Emirates – a flagship platform driving the UAE’s transformation into a global industrial hub. Hosted by the Ministry of Industry and Advanced Technology, organised by ADNEC Group, and held alongside strategic partners the Ministry of Culture, the Abu Dhabi Investment Office, and ADNOC, the fourth edition of Make it in the Emirates will take place from May 19 to 22, 2025, at ADNEC Centre, Abu Dhabi. KEZAD Group ......read more

The UAE-Jordan CEPA is set to drive bilateral non-oil trade to US$8 billion by 2032, building on the existing trade growth which surpassed US$5.6 billion in 2024. HE Al Zeyoudi: “The launch of the UAE-Jordan CEPA marks a significant advancement in our economic collaboration, creating new avenues for growth and mutual prosperity.” Abu Dhabi, UAE – 14 May 2025: The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Hashemite Kingdom of Jordan will officially come into effect tomorrow, heralding a new era of economic cooperation. This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and medium-sized enterprises (SMEs). With the CEPA ......read more

Abu Dhabi, UAE 14 May 2025: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered strong financial results for the first quarter of 2025. ADNIC reported a net profit before tax of 133.3 million, marking a 19.2% increase compared to the same period in 2024 as a result of strong underwriting and investment performance. ADNIC’s results reflect its ability to adapt and grow despite evolving market dynamics. ADNIC swiftly completed its integration and rebranding efforts following the successful acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) in 2024. ASF now operates as Mutakamela Insurance Company, under ADNIC’s strategic direction, reinforcing ADNIC’s presence in Saudi Arabia ......read more

Abu Dhabi, United Arab Emirates, 13 May 2025: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that construction of the UAE's largest aluminium recycling plant has reached 50 per cent completion, 42 days ahead of schedule. The 170 thousand tonnes per year facility is being built next to EGA's existing smelter in Al Taweelah. So far, more than 1.2 million hours of work have been completed on the project, with zero Lost Time Incidents. The largest furnace in the UAE, with a melt rate of 17 tonnes per hour, is on track to be fully installed in June. The new plant will process post-consumer aluminium scrap, and pre-consumer aluminium scrap, into low-carbon, high-quality 'premium aluminium' billets which will be marketed by EGA under the product ......read more

Abu Dhabi, 13 May 2025: Investcorp Capital plc (the "Company" or "Investcorp Capital") (ADX symbol: "ICAP"), an investor in private markets and alternative investment opportunities, is pleased to announce its financial results for the third quarter of fiscal year 2025 covering the period ended 31 March 2025 ("Q3 2025"). Q3 2025 Highlights: • YTD $71 million of cash distributable earnings, representing 82% growth quarter-on-quarter, underpinned by YTD FY'25 Net profit of $41 million, including Q3 2025 Net Profit of $13 million. • $1.2 billion deployed across Capital Financing Services and Capital Deployment with total realizations of $824 million, through solid syndication activity and several successful exits including RESA Power in Private Equity and US National I Portfolio in ......read more

Masdar signs collaboration agreement with Samruk-Kazyna during official visit of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Kazakhstan The agreement will support the development of '24/7' project providing up to 500MW of baseload renewable energy and battery energy storage projects with up to 2GW capacity UAE and Kazakhstan Energy Ministers also exchanged documents recognizing ratification of government agreement on development of Masdar's 1GW wind farm in Central Asian nation Astana, Kazakhstan – May 13, 2025: His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, witnessed a collaboration agreement between Abu Dhabi ......read more

EGA’s partnership supports the UAE’s push for industrial self-sufficiency through advanced infrastructure and manufacturing. Make it in the Emirates highlights aluminium’s role in building a resilient, technology-driven industrial sector. Abu Dhabi, 12 May 2025 – Emirates Global Aluminium (EGA) has been confirmed as the Sector Partner—Advanced Infrastructure—by ADNEC Group, at the fourth edition of Make it in the Emirates. The upcoming edition will provide a leading platform to spotlight the latest advancements in industry, strengthen collaboration, and showcase investment opportunities—further cementing Abu Dhabi’s role as a global centre for industrial innovation, strategic partnerships, and investment Humaid Matar Al Dhaheri, Managing Director and Group CEO of ......read more

Collaboration to drive expansion of ITOCHU’s portfolio companies in Abu Dhabi and spearhead sustainable economic development across the emirate Tokyo, Japan and Abu Dhabi, UAE – 12 May 2025 – The Abu Dhabi Investment Office (ADIO) and ITOCHU Corporation (ITOCHU), one of Japan’s most prominent trading and investment firms, have entered a strategic agreement to support the expansion of ITOCHU’s portfolio companies into Abu Dhabi. Signed during the Abu Dhabi Investment Forum (ADIF) in Tokyo, the partnership aims to facilitate the market entry and scale-up of ITOCHU’s portfolio companies in Abu Dhabi’s priority sectors, including advanced manufacturing, agri-tech, clean and renewable energy, healthcare, information and communications technology (ICT) and logistics. The collaboration will also ......read more

     Abu Dhabi Chamber and Japan External Trade Organization (JETRO) join forces to deepen business relations at Abu Dhabi-Japan Business Connect Forum spotlighted investment opportunities in priority sectors as Abu Dhabi’s non-oil exports surged by 86.4% in the past five years Tokyo, Japan, 8 May  2025 – In line with efforts to strengthen cross-border partnerships and drive economic growth, the Abu Dhabi Chamber of Commerce & Industry (ADCCI) hosted public and private sector leaders at the Abu Dhabi–Japan Business Connect Forum in Tokyo in presence of the UAE Ambassador to Japan, H.E. Shihab Al Faheem to explore key investment opportunities and exchange ideas on advancing sustainable development and innovation. Addressing the Forum, His ......read more

Calgary, Alberta – Sayward Capital Corp. (TSXV: SAWC.P) ("Sayward"), a capital pool company listed on the TSX Venture Exchange (TSXV), today announced it has entered into a definitive share exchange agreement with Technosteel Construction (L.L.C.), a leading UAE-based structural steel company. The transaction marks a historic first—the first time in the history of the Canadian capital markets that a UAE-headquartered operating company will be listed on a Canadian stock exchange. The agreement, signed on March 26, 2025, outlines the terms of Sayward’s Qualifying Transaction under TSXV Policy 2.4, resulting in a new publicly traded entity anticipated to be named Technosteel Corp. Technosteel will concurrently complete a private placement of up to US$4 million to fund expansion, automation, and working ......read more

Abu Dhabi, 8 May 2025 The United Arab Emirates and the Kingdom of Bahrain announced the entry into force of the Investment Promotion and Protection Agreement, signed between the governments of both countries, effective Thursday, 8 May 2025. This follows the completion of the required legal procedures by both sides, in accordance with the provisions of the agreement. This step reflects the strong fraternal ties and the growing economic partnership between the two brotherly nations and reaffirms their commitment to enhancing investment cooperation in a way that serves the interests of investors from both sides and supports the sustainable development goals of both countries. The agreement provides a comprehensive legal framework that ensures full protection for investments and strengthens mutual investor confidence by guaranteeing ......read more

The forum celebrates women’s leadership in sustainable innovation and AI, reinforcing UAE’s commitment to gender equity and global development goals. Abu Dhabi, UAE, 08 May 2025: Abu Dhabi University’s (ADU) College of Engineering, in collaboration with the International Federation of Structural Concrete UAE (fib-UAE) and partners including Abu Dhabi Municipality and the Society of Engineers UAE, hosted the seventh Women in Engineering Forum 2025 on 6 May at ADU’s Main Campus. The hybrid event gathered local and international experts to empower women engineers and spotlight their role in advancing AI, sustainability, and inclusive innovation, which are core pillars of the UAE’s development agenda, COP28 outcomes, and the UN Sustainable Development Goals. Under the ......read more

Abu Dhabi, UAE, 7 May 2025: The Emergencies, Crises, and Disasters Management Centre - Abu Dhabi (ADCMC) convened its first meeting after its restructuring, chaired by H.E. Major General Ahmed Saif bin Zaitoon Al Muhairi, Abu Dhabi Police Commander-in-Chief and Head of the Team. The meeting evaluated preventive plans and proactive strategies to enhance the emirate’s readiness in addressing a range of emergencies, crises and disasters. During the meeting, H.E. Major General Al Muhairi reaffirmed the Centre’s commitment to the wise leadership’s directives, aimed at improving Abu Dhabi’s capability to respond to various emergencies, crises and disasters. Furthermore, he expressed his appreciation for the remarkable efforts of the former team members, led by His Excellency Staff Major General Pilot ......read more

ne'ma- the National Food Loss and Waste Initiative- leads government and private sectors' collaborative efforts to measure actual food waste The 18-month study aims to measure and understand food loss and waste levels, involving a representative sample of over 3000 participants, comprising households and businesses nationwide The outcomes of the study will inform more targeted and evidence-based interventions to reduce food loss and waste and build the UAE's food loss and food waste indices to help track reduction targets Abu Dhabi, May 7, 2025: ne'ma- the National Food Loss and Waste Initiative- has launched the country's first National Baseline Study to measure actual food loss and waste. This first-of-its-kind study, which involves 3,000 participants, marks a pivotal milestone in national efforts to ......read more

Abu Dhabi, May 7, 2025: Driven by its dedication to empowering Emirati social workers for the benefit of families and young children, the Abu Dhabi Early Childhood Authority (ECA) organized a graduation ceremony at Nabdh Al Falah Community Center in Abu Dhabi to recognize the inaugural cohort of 16 male and female graduates of its Social Work Upskilling Program. The program, which features specialized training courses and offers field experience, aims to qualify Emirati social work graduates for the UAE labor market by empowering them with the theoretical and practical knowledge they need to work in this vital sector. It also facilitates the integration of new graduates into the early childhood development (ECD) workforce, bridging the gap between local universities and employers. The program ran as a pilot from August 2024 to ......read more

EDGE Group’s renewed partnership strengthens the UAE’s commitment to pioneering manufacturing and technological advancement. ADNEC Group’s collaboration with EDGE supports the UAE’s push for local manufacturing and industrial self-sufficiency. The partnership aligns with the UAE’s strategy to drive economic and technological progress. Abu Dhabi, 6 May, 2025 – ADNEC Group has confirmed that EDGE will take on the role of Sector Partner—AI, Advanced Manufacturing and Industry 4.0—for the fourth edition of Make it in the Emirates. The upcoming edition is set to be a pivotal platform for industrial growth, bringing together top executives, industry pioneers, and policymakers to shape the future of manufacturing and sustainability. Humaid Matar Al Dhaheri, Managing ......read more

Both parties to benefit from UNCTAD’s regional training centre for competition in Cairo Abu Dhabi, 06 May 2025 - The Ministry of Economy signed a Memorandum of Understanding (MoU) with the Egyptian Competition Authority (ECA) to enhance cooperation in the fields of competition protection and combating monopolistic practices, contributing to promoting a fair business environment in both countries. The signing took place on the sidelines of ECA’s annual conference held in Egypt. The MoU was signed by H.E. Safeya Hashem Al-Safi, Assistant Undersecretary for the Commercial Control and Governance Sector at the UAE Ministry of Economy, and Dr. Mahmoud Momtaz., Head of ECA. H.E. Safeya said that the signing of the MoU reflects the Ministry of Economy's commitment to expanding its regional and international ......read more

Abu Dhabi, United Arab Emirates, 6 May 2025: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the graduation of the first cohort of UAE National engineers from an EGA Technical Leadership programme in Switzerland. Her Excellency Dr. Hissa Abdulla Ahmed Alotaiba, UAE Ambassador to the Swiss Confederation, Christophe Darbellay, State Councillor and Head of the Department of Economy and Education in the Government of the Canton of Valais, Switzerland and Abdulnasser Bin Kalban, Chief Executive Officer of EGA, attended the graduation ceremony in Sierre, Switzerland. The ceremony saw the launch of a comprehensive book documenting EGA's pioneering journey in the carbon electrode industry. Programme participants worked on the design and ......read more

Hamad Al Marar – Managing Director & CEO, EDGE Group  On the occasion of the 49th UAE Armed Forces Unification Day, we honour a defining moment in the nation’s history. The unification of our Armed Forces under a single command marked the beginning of a new era of strength, cohesion, and national resilience. At EDGE, this milestone resonates deeply. As a long-standing and trusted partner to the UAE Armed Forces, we are proud to play a central role in supporting their operational readiness and strategic objectives. The Armed Forces have been instrumental in shaping our mission – to develop world-class defence technologies that enhance the UAE’s security and global standing. Since our inception, we have worked hand in hand with the Armed Forces to co-develop advanced capabilities across air, land, ......read more

EBITDA reaches $275 million, up 11%, year-on-year, while net profit increases 16% year-on-year to $174 million. Highest-ever Q1 fuel volumes driven by retail sales in the UAE and Saudi Arabia Non-fuel retail gross profit grows 14% year-on-year, with improvements to convenience store conversion rate, margin, and basket size 20 new stations added in Q1, bringing the total network to 915, up from 846 at the end of Q1 2024, putting the Company on track to meet its target of 40-50 new stations in 2025. Abu Dhabi, UAE – May 06, 2025: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today reported record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth. For the first three months of 2025, ADNOC Distribution’s ......read more

Sustained revenue growth with revenues up 7.4%, combined with an exceptional margin expansion to 47.4% Landmark partnership in ICT for a new hyperscale data centre Dubai, UAE. 05 May 2025 – 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 improved revenue mix and efficient cost management, resulting in an exceptional EBITDA margin of 47.4%. This operational strength translated into a net profit increase of 19.8%, underscoring our continued momentum and financial discipline. Q1 2025 Highlights Continuing commercial ......read more

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC quote in the occasion of UAE Armed Forces Unification Day: "On the 6th of May 1976, the late Sheikh Zayed bin Sultan Al Nahyan, together with Their Highnesses the Rulers of the Emirates, made a historic and fundamental decision to unify the Armed Forces. This milestone stands as a shining chapter in our nation’s history and remains one of the most vital pillars of the Union, forming a formidable shield that safeguards the sovereignty and achievements of the UAE under the banner of unity. In this enduring national journey, ENOC Group continues to play a vital role in securing the country’s energy needs, as an integral part of the UAE’s strategic security framework and a key enabler of sustainable development in light of the forward-looking vision of our ......read more

Mohamed Thani Murshed Ghannam Al Rumaithi: “Alpha Dhabi began 2025 on a strong footing, building on a year of transformation and guided by a clear strategy for delivering future growth.” Eng. Hamad Al Ameri: “Our Q1 2025 results demonstrate the power of Alpha Dhabi’s investment strategy. By focusing on opportunities created by growing economies and populations, technological disruption and sustainable business models, we have built a balanced portfolio of exceptional assets.” Alpha Dhabi’s continued momentum in strategy execution across key verticals has driven adjusted EBITDA to AED 4.4 billion, a 33% increase compared to the same period last year.  Group Revenue stood at AED 17.4 billion, +23% YoY reflecting the depth of Alpha Dhabi’s diverse ......read more