Author: Editorial Team
ABU DHABI, 26th October, 2026 (WAM) — EDGE has completed the acquisition of a controlling stake in CMD S.r.l., a leading Italian company specialised in the design, prototyping and development of advanced propulsion systems for automotive, marine and aeronautical applications. The transaction, signed in Rome, follows the agreement reached in May 2026 at CMD’s plant in Atella, in the Basilicata region of Southern Italy, and gives EDGE direct access to more than 35 years of piston engine manufacturing excellence, marking a landmark step in the Group’s European expansion. With EDGE’s backing, CMD is positioned for significant expansion to meet rising…
ABU DHABI, 26th October, 2026 (WAM) — Al Ain defeated Iran’s Tractor FC 2-1 at Hazza bin Zayed Stadium on Monday in the third round of the AFC Champions League Elite league stage. The victory took Al Ain to nine points from three matches, maintaining their perfect record and top position in the standings, while Tractor remained on one point. Ramy Rabia opened the scoring for Al Ain in the 21st minute before Tibor Halilović equalised for Tractor in the 55th. Houssine Rahimi secured the victory for Al Ain with a 70th-minute winner. Source: Emirates News Agency
Nine-month trading volume of $8.8 trillion has already surpassed the full-year 2025 total by more than a third Published: Mon 26 Oct 2026, 6:22 PM CFI Financial Group, a leading online trading provider, recorded a notional trading volume of $3.45 trillion in Q3 2026, the highest in its history. Volume more than doubled year on year, increasing by approximately 123 per cent, while rising a further 14 per cent quarter on quarter. This marks CFI’s 11th consecutive announced quarter of record trading volume. Quarterly volume has also nearly tripled since early 2025, reflecting the continued expansion and growing scale of…
ABU DHABI, 26th October, 2026 (WAM) — H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Mahmoud Thabit Kombo, Minister of Foreign Affairs and East African Cooperation of the United Republic of Tanzania, have discussed bilateral relations and ways to strengthen cooperation across various fields. During a telephone call, the two top diplomats exchanged views on current developments in the region and several regional and international issues of mutual concern. Source: Emirates News Agency
ABU DHABI, 26th October, 2026 (WAM) — The inaugural Middle East edition of the Arabian Chatbot & Agentic AI Summit opened Monday at ADNEC Centre Abu Dhabi, bringing together technology and artificial intelligence experts, government representatives and industry professionals to explore advances in AI applications and their potential to improve services and operational efficiency. The summit focused on agentic AI, including systems capable of performing multi-step tasks, alongside generative AI, chatbots and voice technologies, and their impact on workplaces, digital services and customer experiences. Discussions covered AI governance, data sovereignty, cybersecurity, ethics and regulatory compliance, as well as practical applications…
ABU DHABI, 26th October, 2026 (WAM) — H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Dr. Badr Abdelatty, Egypt’s Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates, have discussed the fraternal relations between the two countries and ways to enhance bilateral cooperation in ways that advance their shared interests and promote development and prosperity for both peoples. During a telephone call, the two top diplomats also reviewed the latest developments in the region and the current regional situation. Source: Emirates News Agency
SHARJAH, 26th October, 2026 (WAM) — United Arab Bank P.J.S.C. (UAB) has reported its financial results for the nine months ended 30 September 2026 (9M 2026). UAB has reported a net profit of AED333 million for 9M 2026, up 6% year-on-year, demonstrating the resilience of its business model and prudent risk management practices amidst ongoing regional geopolitical uncertainty and an overall challenging operating environment. This was driven by continued growth in operating income by 12% year-on-year, complemented by disciplined expense management and reversal in impairment charges as a result of successful resolutions of delinquent loans. Total assets grew by 16%…
Sennheiser’s audio equipment has been frequently used in productions and performances at the Dubai Opera. Across the GCC, they find place inside gaming hubs and broadcasting networks. It’s no surprise that the German company considers the UAE an attractive market and wants to expand here. “We are definitely here to invest,” Daniel Sennheiser, the company’s chairman who was in Dubai last week, told Khaleej Times in an interview. Daniel, who represents the third generation of leadership at the 80-year-old company, spoke about their plans for the UAE, trends in the region and why they want to be reliable to every…
ABU DHABI, 26th October, 2026 (WAM) — Their Highnesses the Supreme Council Members and Rulers of the Emirates have sent separate messages of condolences to His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan over the victims of an attack on a church in Karak Governorate, which resulted in several deaths and left others wounded. The messages were sent by Their Highnesses the Rulers, Sheikh Dr. Sultan bin Mohammad Al Qasimi of Sharjah, Sheikh Humaid bin Rashid Al Nuaimi of Ajman, Sheikh Hamad bin Mohammed Al Sharqi of Fujairah, Sheikh Saud bin Rashid Al Mu’alla…
ABU DHABI, 26th October, 2026 (WAM) — Capital H, the investment arm of the Higher Colleges of Technology (HCT), held its annual event this year under the title IN^X NEXT 2026, themed Future of Education, Skills, and Workforce Development. The event was held under the patronage and in the presence of Dr. Ahmad Belhoul Al Falasi, Minister of Sports and Chairman of Capital H, alongside leaders, experts, and decision-makers from various sectors. The event witnessed the unveiling of the new identity of the Centre of Excellence for Applied Research and Training (CERT), now rebranded as IN^X Education, Capital H’s education…