ATHENS, 22nd October, 2026 (WAM) — The UAE has announced its intention to invest an additional €15 billion under its joint investment initiative with the Hellenic Republic. The announcement supports efforts to strengthen the long-term economic and investment partnership between the two countries and expand cooperation across sectors that are strategic and development priorities for both nations. The announcement comes on the sidelines of the official visit of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to the Hellenic Republic, reflecting the continued development of bilateral relations and a shared commitment to further advancing…
Author: Editorial Team
RIYADH — President and CEO of Saudi Aramco Amin Nasser predicted that a return to normalcy in the region would drive an increase in oil demand of approximately 3 million barrels per day. This would comprise 2 million barrels per day in additional consumption and another 1 million barrels per day to replenish stockpiles depleted by countries during the crisis. In an interview with Al Arabiya Business, Nasser said the current crisis, triggered by the war in the region, was unprecedented in its impact on markets. He noted that approximately 3 billion barrels of supply had been lost since the…
ABU DHABI, 22nd October, 2026 (WAM) — Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of AED10.296 billion for the first nine months of 2026, an increase of 27 percent compared with the same period last year, while profit before tax rose 28 percent to AED11.670 billion. Profit before tax reached AED4.063 billion in the third quarter of 2026, marking the bank’s 21st consecutive quarter of profit growth. Net profit after tax for the quarter rose 15 percent to AED3.559 billion. Operating income increased 10 percent year-on-year to AED18.306 billion in the first nine months, while non-interest…
ABU DHABI, 22nd October, 2026 (WAM) — The Yas SeaWorld Research and Rescue Centre welcomed over 650 participants to the second edition of its “One Ocean Run: Mission Dugong”, bringing the community together for a morning of fitness and marine conservation awareness. The event highlighted the importance of protecting the UAE’s vital seagrass meadows, which provide essential food and habitat for dugongs. One Ocean Run: Mission Dugong brought together everyone from families and first-time runners to seasoned athletes to take on 2.5 km, 5 km and 10 km distances. The routes took participants through SeaWorld Yas Island, Abu Dhabi’s immersive…
DAMMAM — The death toll from Wednesday’s attack on King Fahd International Airport in Dammam has risen to two, including a Saudi citizen and an Indian resident, the General Authority of Civil Aviation (GACA) announced Thursday. In a follow-up statement, GACA confirmed that an additional fatality had been recorded following the attack on the airport on Wednesday evening, October 21. The authority said eight people remain injured, including one Saudi citizen and seven expatriates: two Indians, two Yemenis, two Bangladeshis and one Nepalese. Their injuries range from minor to critical, and all are receiving medical care at several hospitals. GACA…
In a world where images have become a language of their own one that captures emotions, preserves moments, and tells stories that words cannot fully express vivo unveils its new vivo V80, combining advanced ZEISS co-engineered imaging capabilities, a striking design, and performance that keeps pace with modern life, giving users greater freedom to create and express themselves. The new smartphone is now available in the United Arab Emirates and the Kingdom of Saudi Arabia, bringing a vision centred on making photography more versatile and professional, whether capturing everyday moments, portraits, distant details, or expansive landscapes, alongside a large battery…
ABU DHABI — The United Arab Emirates has nominated Lana Nusseibeh, a former ambassador to the United Nations, to succeed Antonio Guterres as UN secretary-general. The UAE’s Foreign Ministry announced its nomination of Nusseibeh on Wednesday, citing her “extensive experience with regard to the United Nations and her wisdom in dealing with current international challenges.” The move adds a Middle Eastern candidate to a crowded contest that has struggled to produce a consensus choice among the Security Council’s most powerful members. Nusseibeh, who currently serves as the UAE’s minister of state for foreign affairs, was the first woman to represent…
WASHINGTON — Government and company websites around the globe have gone dark and suspended some services after a serious vulnerability was found in a computer language used to build much of the world wide web, with organizations scrambling to fix the critical security flaw. Belgian, Dutch, Finnish, French and German sites were among those that governments took down temporarily as they scrambled to patch the critical weakness in PHP, a language used by almost 70% of websites. The US National Security Agency and Europe’s cybersecurity agency on Wednesday advised companies to take immediate action to address two critical flaws in…
ABU DHABI, 22nd October, 2026 (WAM) — M42, a global health leader powered by artificial intelligence (AI), technology and genomics, announced the launch of Ossi, its next-generation multi-agent AI Clinical Platform, during the Abu Dhabi Future Health Summit. The platform is designed to reduce administrative burden, give clinicians more time to focus on patients and enhance the quality of data-driven and evidence-based healthcare. Built on Microsoft Azure’s secure cloud and AI infrastructure, Ossi is designed to create a seamless balance between clinical precision and human connection by reducing the burden of clinical documentation and enhancing the use of health data…
DUBAI, 22nd October, 2026 (WAM) — Dubai Chambers hosted the Dubai–Uzbekistan Business Seminar at its headquarters, welcoming a high-level delegation led by Jurabek Rakhimov, Governor of Khorezm region in the Republic of Uzbekistan, to explore trade and investment opportunities and strengthen business partnerships between Dubai and Khorezm. The event was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Umid Shadiev, Ambassador of the Republic of Uzbekistan to the UAE. The seminar attracted 180 attendees, including 35 government representatives and business leaders from Khorezm. Participants explored ways to expand economic cooperation, with a particular focus on…