Author: Editorial Team
DUBAI, 6th August, 2026 (WAM) — Emirates Central Cooling Systems Corporation PJSC (Empower) reported first-half revenue of AED1.519 billion, up 4.5 percent from a year earlier, while net profit after tax rose 16.2 percent to AED468 million. EBITDA reached AED773 million, reflecting year-on-year growth of 7.5 percent, while profit before tax amounted to AED514 million, an increase of 16.2 percent compared to the first half of 2025. Ahmad bin Shafar, CEO of Empower, said, “Empower’s record results during the first half of 2026 reflect the strength of our business model, the resilience of our operational infrastructure, and our ability to…
AJMAN, 6th August, 2026 (WAM) — The total number of real estate transactions in the Emirate of Ajman during July reached 1,517, with a combined value of AED1.65 billion. Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department at the Ajman Department of Land and Real Estate Regulation, said the trading volume amounted to AED1.08 billion across 1,296 transactions. He added that 138 mortgage transactions were recorded with a total value of AED341 million, with Al Jurf Industrial 1 registering the highest single mortgage transaction at AED20.9 million. Al Shamsi said the figures reflect the upward trajectory of…
ABU DHABI, 5th August, 2026 (WAM) — ADNOC Distribution delivered record first-half results, with net profit rising 59 percent year-on-year (YoY) to $568 million and reported EBITDA increased 39 percent to $786 million, reflecting strong operational performance and inventory gains during the period. Underlying EBITDA increased 14 percent YoY to $603 million. Performance was supported by record fuel volumes, continued network expansion, inventory gains and sustained growth in the higher-margin non-fuel retail (NFR) segment. Fuel volumes reached a record 7.75 billion litres, supported by network expansion, as well as resilient retail and commercial demand. ADNOC Distribution’s fuel retail network, spanning…
DUBAI, 6th August, 2026 (WAM) — The Emirati Educator Forum has reaffirmed Dubai’s commitment to strengthening its position as a leading global destination for the teaching profession by investing in national talent and empowering Emiratis to help shape the future of private education. Organised by the Knowledge and Human Development Authority (KHDA), the forum brought together around 100 Emirati teachers from private schools and early childhood centres as part of the implementation of the Emirati Educator Strategy for the private education sector. The strategy aims to increase the number of Emiratis working in the sector to 3,000 by 2033. The…
DUBAI, 5th August, 2026 (WAM) — Emirates and South African Airways (SAA) on Wednesday announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the start of a reciprocal codeshare agreement between both carriers. The expanded partnership opens more destinations across central and southern Africa, simplifying connectivity for customers. Since launching their codeshare agreement, Emirates and SAA have operated on a unilateral basis, with SAA placing its code on Emirates-operated flights between Dubai and Johannesburg, Cape Town, and Durban, as well as interline access to 68 Emirates destinations worldwide via Dubai. With regulatory approvals secured, the…
ABU DHABI, 5th August, 2026 (WAM) — The Zayed for Good Foundation has marked its 34th anniversary, celebrating more than three decades of humanitarian and development achievements inspired by the vision of the late Sheikh Zayed bin Sultan Al Nahyan, Founding Father of the UAE, whose enduring legacy established humanitarian action as a defining pillar of the UAE and a message of compassion that continues to reach communities around the world. Since its establishment on 5 August 1992, the foundation has evolved into one of the UAE’s leading humanitarian and development organisations, delivering impactful programmes both locally and internationally. Its…
ABU DHABI, 5th August, 2026 (WAM) — The Abu Dhabi Chamber of Commerce and Industry (ADCCI) today released its June 2026 report, Abu Dhabi’s Positioning in the Hydrogen Economy, which identifies Abu Dhabi as one of the most strategically advantaged territories in the global hydrogen race. The report, produced by the Chamber’s Business Intelligence Department, comes at a time of global recalibration in hydrogen ambitions, as global policy uncertainty slows progress in several markets. In contrast, Abu Dhabi is advancing from policy commitments to operational projects, supported by strong fundamentals and targeted investments. The report finds that the UAE benefits…
CAIRO, 5th August, 2026 (WAM) — The Central Bank of Egypt (CBE) announced an increase in the country’s net international reserves of foreign currency by US$1.22 billion, representing a 2.22% rise, to reach US$ 56.293.9 billion at the end of July, compared with US$55.0723 billion recorded at the end of June. Source: Emirates News Agency
FUJAIRAH, 5th August, 2026 (WAM) — The International Certification of Quality Department (ICQ) has officially recognised the Fujairah Science Club (FUJSC) as an institutional founding member and granted it institutional membership after the club fulfilled all accreditation requirements. The official membership certificate, issued in the United States on July 29, 2026, is valid until August 1, 2027. It entitles the club to benefit from all the privileges and services provided by the International Accreditation Administration for Quality to its members worldwide. The club’s institutional accreditation covers eight key areas of specialisation: science education, innovation, robotics, artificial intelligence, Science, Technology, Engineering,…
ABU DHABI, 5th August, 2026 (WAM) — The UAE Jiu-Jitsu National Team, sponsored by Mubadala Investment Company, will begin its adult division campaign on Thursday as the 2026 Jiu-Jitsu World Championship enters a decisive stage at Mubadala Arena in Abu Dhabi. After an impressive start that has seen the UAE collect 52 medals across the Under-14, Under-16, Under 18 and Under-21 categories, the spotlight now shifts to the senior athletes, with a 23-member squad set to compete across 13 weight divisions as the hosts continue their pursuit of a seventh consecutive world title. Hosted by the UAE Jiu-Jitsu and Mixed…