Tag : UAE

Business

Air Arabia records 2025 profit, proposes 30 fils dividend

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SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend...
Business

UAE central bank clears DDSC dirham stablecoin launch

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CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the...
Featured News

UAE and Egypt reaffirm ties as leaders meet in Abu Dhabi

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ABU DHABI, Feb. 9, 2026: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Egyptian President Abdel Fattah El-Sisi on Monday upon his arrival in Abu Dhabi, marking the start...
Business

ADNOC closes $11 billion deal for offshore gas project

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ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

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SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology...
Business

OPEC+ confirms output increase as oil market outlook improves

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The eight OPEC+ countries that had previously undertaken voluntary production adjustments have reaffirmed their coordinated efforts to support global oil market stability in response to...
Technology

Stanford professor: AI will transform tasks while preserving job roles

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MENA Newswire News Desk: Artificial intelligence (AI) is rapidly transforming the global economy, but rather than replacing entire jobs, AI will mostly impact tasks within...
Business

UAE and New Zealand finalize comprehensive economic partnership agreement

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MENA Newswire News Desk: The United Arab Emirates and New Zealand have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant...
Technology

Sheikh Mohamed discusses AI collaboration with Microsoft and BlackRock in Washington

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MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with top executives from Microsoft, BlackRock, and Nvidia in Washington,...