Author: Editorial Team
ATHENS, 22nd October, 2026 (WAM) — The UAE plans to invest an additional $15 billion in Greece over the next five to eight years, targeting energy, hospitality, artificial intelligence, technology, industry and infrastructure, according to Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade. Speaking to the Emirates News Agency (WAM), Al Zeyoudi said the investment plans were announced during the visit of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and his meeting with the Greek Prime Minister. He highlighted the significance of the visit in strengthening bilateral economic ties, noting that…
DUBAI, 23rd October, 2026 (WAM) — Dubai’s Roads and Transport Authority (RTA) has upgraded Mahboub, its virtual assistant, using Agentic AI technology to simplify the customer journey and facilitate the completion of RTA services through a unified conversational experience. The enhanced version is being prepared for public rollout as part of RTA’s Artificial Intelligence Strategy 2030. Mahboub uses Agentic AI to coordinate and execute services involving interconnected steps, in addition to the information and services it currently provides. Depending on each customer’s request, the system activates specialised Agentic AI to coordinate and carry out the required procedures, such as paying…
The UAE Capital Market Authority said it will conduct a thorough review of AIX Financial Consultations, a company embroiled in a scandal involving delayed and missing payouts of around $10 million. AIX Investment Group, an international investment advisory firm based in Dubai, reportedly suspended payments to thousands of its investors which it initially promised to offer annual returns of up to 30 per cent, according to the Financial Times. “The CMA has received information relating to the activities of AIX Financial Consultations and is conducting a thorough review in accordance with its regulatory mandate and applicable legal procedures,” it said.…
ADDIS ABABA, 22nd October, 2026 (WAM) –Sharjah Chamber of Commerce and Industry (SCCI), represented by Sharjah Export Development Centre (SEDC), organised the Sharjah–Ethiopia Business Forum in Addis Ababa, as part of its trade mission to Ethiopia, bringing together Emirati delegates and Ethiopian business representatives to explore trade and investment opportunities. Held under the theme “Fostering New Partnerships and Driving the Future Together”, the forum aimed to strengthen economic ties between Sharjah and Ethiopia, identify new avenues for bilateral cooperation, and strengthen partnerships that support trade and investment growth in both markets. The forum was attended by Abdallah Sultan Al Owais,…
ABU DHABI, 22nd October, 2026 (WAM) — H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs, has attended a wedding reception hosted by Ahmed Abdullah Al Junaibi to celebrate the marriage of his two sons: Sultan to the daughter of Omar Ahmed Al Hashemi, and Abdullah to the daughter of Ali Khamis Al Shamsi. H.H. Sheikh Hamdan extended his sincere congratulations to both grooms and their families, wishing the newlyweds a happy and prosperous married life. The reception, held at Erth Abu Dhabi Hotel, was attended by several officials, relatives and…
DUBAI, 22nd October, 2026 (WAM) — The Ministry of Higher Education and Scientific Research (MoHESR) continues to develop its regulatory framework by adopting a proactive, data-driven approach that leverages modern technologies and risk-based oversight. These efforts contribute to protecting students’ rights, strengthening the compliance of higher education institutions, technical and vocational education and training institutions, and training centres with approved requirements and regulations and enhancing the quality and competitiveness of the UAE’s higher education system. The results recorded in 2025 and 2026 reflect the evolution of the Ministry’s regulatory role from a focus on identifying violations to an integrated system…
DUBAI, 22nd October, 2026 (WAM) — The UAE accounted for approximately 61% of sustainable debt issuance across the Gulf region in all currencies during the first nine months of 2026, according to a senior Fitch Ratings official. Bashar Al Natoor, Managing Director and Global Head of Islamic Finance at Fitch Ratings, told the Emirates News Agency (WAM) on the sidelines of the World Green Economy Summit in Dubai that the Gulf region accounted for approximately 40% of US dollar-denominated sustainable debt issuance in emerging markets, excluding China, during the same period. Al Natoor highlighted the growing importance of sustainable finance…
SHARJAH, 22nd October, 2026 (WAM) — Sharjah Publishing City Free Zone (SPC Free Zone) has signed a Memorandum of Understanding (MoU) with Beehive, a digital financing provider specialising in small and medium-sized enterprises (SMEs), to expand businesses’ access to financing within the free zone. Beehive, a subsidiary of Etisalat operating in the UAE, Saudi Arabia and Oman, will provide businesses referred by SPC Free Zone with a direct channel to connect with investors via its digital platform, along with an exclusive 15% discount on transaction fees. The agreement also includes dedicated follow-up support to streamline procedures and facilitate coordination with…
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…
Dubai Municipality has put 675 personnel and 1,100 machines on standby, while preparing emergency water-collection sites to ease pressure on drainage networks during expected heavy rain. The authority announced it has cleaned more than 70,000 drainage inlets and readied 10 temporary water-collection lakes as part of an emirate-wide plan to deal with rainwater accumulation during unsettled weather. A 675-member rapid-response team, including engineers, supervisors, drivers and field workers, will be available round the clock to attend to emergencies. The team will be supported by around 1,100 specialised vehicles, pumps, machinery and other equipment. Stay up to date with the latest…