BANGKOK, 17th October, 2026 (WAM) — Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE) and the UAE’s Governor at the International Monetary Fund (IMF), said the country’s banking sector maintains strong financial indicators and high levels of liquidity and capital, reinforcing its resilience and role as a pillar of regional financial stability. In statements to the Emirates News Agency (WAM) on the sidelines of the 2026 Annual Meetings of the IMF and World Bank Group in Bangkok, Balama reaffirmed the UAE’s commitment to supporting global financial stability through flexible monetary and prudential policies capable of adapting…
Author: Editorial Team
ISLAMABAD — Prime Minister of Pakistan Muhammad Shehbaz Sharif received the new Saudi Ambassador to Pakistan Dr. Rajeh Albugamy in Islamabad on Friday. Sharif congratulated the ambassador on his appointment, stressing that Pakistan-Saudi relations have developed significantly in recent years, and reaffirmed his country’s commitment to strengthening institutional cooperation and advancing the bilateral partnership across various sectors. He said Saudi Arabia and Pakistan have always stood by each other, describing the Strategic Mutual Defense Agreement and the Makkah Joint Defense Agreement as historic milestones in their deep-rooted fraternal ties that reflect a shared commitment to regional peace and security. Albugamy…
NAIROBI — President of Senegal Bassirou Diomaye Faye has awarded Saudi Ambassador to Kenya Saad Al-Nofaia the rank of Commander of the National Order of the Lion, one of Senegal’s highest national honors. This is in recognition of his efforts and contributions to strengthening bilateral relations between Saudi Arabia and Senegal during his tenure as the Kingdom’s ambassador to Senegal. On behalf of the Senegalese president, Senegalese Ambassador to Kenya Ndongo Dieng presented the medal to Ambassador Al-Nofaia during a ceremony held at the Senegalese embassy in Nairobi on Friday. The Senegalese ambassador praised Al-Nofaia’s efforts during his tenure in…
DUBAI, 17th October, 2026 (WAM) — The Dubai Business Women Council (DBWC) hosted a high-level business roundtable in Shenzhen as part of the Dubai Business Forum – China, organised by Dubai Chambers. The session brought together 30 senior Emirati and Chinese businesswomen to strengthen bilateral cooperation, exchange expertise and explore new opportunities for trade, investment and strategic partnerships. Chaired by Dr. Raja Easa Al Gurg, Founder and President of DBWC, the roundtable welcomed members of the Council’s Board, Emirati businesswomen participating in the Dubai delegation, and Chinese business leaders representing diverse industries and business portfolios. The discussion provided a platform…
Abdelilah Nejjari, Managing Director, Gulf, Levant, Türkiye, Caucasus and Central Asia, Cisco, outlines how the value AI can deliver for the region depends on the security, privacy and control of data in this exclusive op-ed. For years, discussions surrounding digital infrastructure in the Gulf have largely focused on pace: how quickly services could be digitised, networks expanded and new technologies adopted. Artificial intelligence (AI) is changing the nature of that discussion. As AI moves from pilot projects into the core of how organisations operate, a more fundamental question comes into focus: who controls the data, the systems and the infrastructure…
KYIV — At least three people were killed and 35 others injured as Russia and Ukraine exchanged overnight drone and missile strikes, with Moscow launching one of its largest attacks on Ukraine’s energy infrastructure, officials from both countries said Saturday. In Ukraine’s eastern Donetsk region, a Russian airstrike on a residential neighborhood in Slovyansk killed one person and injured 10 others, according to Vadym Lyakh, head of the city’s military administration. Lyakh said eight apartment buildings were damaged, including two that were partially destroyed, while several people remained trapped beneath the rubble. In the southern Kherson region, another Russian airstrike…
ABU DHABI, 17th October, 2026 (WAM) — The Environment Agency – Abu Dhabi (EAD) has launched the Abu Dhabi Wildlife Response Network, a collaborative initiative designed to enhance rapid response, coordination, and care for wildlife in distress across Abu Dhabi. The network brings together government entities, non-governmental organisations, academic institutions, private stakeholders, and community members within a coordinated framework to support responsible reporting, timely intervention, effective rehabilitation, and the successful release of wildlife back into their natural habitats. The network was announced during an event organised by EAD on Saadiyat Island, bringing together partners, experts, and community members, which highlighted…
DUBAI, 17th October, 2026 (WAM) — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, recognised SWS Board Technology as the winner of the Dubai-it Award in the field of Economy. The project was recognised for successfully developing one of the world’s largest manufacturing operations for snow and water sports boards, leveraging its expertise in composite materials to build an advanced industrial ecosystem in Dubai serving global markets. H.H. Sheikh Hamdan said, “Who would have imagined that one of the world’s largest…
MUSCAT, 17th October, 2026 (WAM) — Team Abu Dhabi’s Modern Sailing Team, representing the Abu Dhabi Marine Sports Club Academy, will compete against more than 100 sailors from seven countries at the 15th Mussanah Race Week in Oman, with racing set to begin on Sunday. Organised by Oman Sail at Barceló Mussanah Resort, the event features competitors from the UAE, Oman, Bahrain, Kuwait, Egypt, Tunisia and India. Team Abu Dhabi has entered a 15-member squad competing in the Optimist and ILCA classes, reflecting the team’s ambition to maintain a strong competitive presence and build on its positive performances in international…
Circus SE has unveiled its CA-1 AI-powered autonomous food production system in Abu Dhabi. The launch marks the company’s first deployment outside of Europe, bringing this first of its kind technology to the UAE. CA-1 is being deployed with Royal Prestige Food Contracts, one of the UAE’s leading contract caterers. Royal Prestige produces more than three million meals annually for clients such as the UAE Army, the UAE Royal Palace, UAE ministries, Abu Dhabi National Oil Company (ADNOC) and the Red Crescent. How CA-1 works Output: Over 200 meals per load, up to 5 meals in parallel serving a wide variety…