Author: Editorial Team
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…
DUBAI, 5th August, 2026 (WAM) — Salik Company PJSC (“Salik” or the “Company”), the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (“Q2 2026” and “H1 2026”). Total revenue for H1 2026 reached AED1,412.0 million, while EBITDA amounted to AED975.6 million, with an EBITDA margin of 69.1%. Consequently, net profit reached AED 704.0 million during H1 2026, with a net profit margin of 49.9%. Mattar Al Tayer, Chairman of the Board of Directors of Salik, affirmed that the first-half results reflect the resilience of Salik’s business…
DUBAI, 5th August, 2026 (WAM) — In line with the Dubai Quality of Life Strategy, Dubai Culture and Arts Authority (Dubai Culture) continues to celebrate Dubai as a global city of creativity, innovation, and cultural diversity through its School of Life initiative. Throughout August, Dubai Public Libraries will host 39 workshops and creative sessions to instil Dubai’s philosophy of action in future generations by transforming ideas into meaningful achievements with speed, excellence and precision. Through its clubs and specialised workshops, the School of Life initiative offers children, families and adults the opportunity to explore visual arts, handicrafts, languages, music, nutrition,…
DUBAI, 5th August, 2026 (WAM) — Dubai is ranked second globally in the Intelligent Cities Index published by the Boston Consulting Group (BCG), which evaluated 61 cities across 39 countries. The ranking reaffirms Dubai’s global leadership in harnessing advanced technologies and AI to enhance quality of life, elevate government services, and facilitate business, reflecting the emirate’s success in building a human-centric, future-ready digital city. Published for the first time by Boston Consulting Group, the index evaluates the maturity of cities in deploying digital technologies and AI to deliver tangible outcomes for residents and businesses. It assesses 61 major cities across…
DUBAI, 5th August, 2026 (WAM) — Aramex (DFM: ARMX) today announced its financial results for the second quarter (Q2) and first half (H1) ending 30 June 2026. For the first half of 2026, EBIT increased by 46% to AED 139 million, with EBIT margin expanding to 4.1% from 3.1% compared with normalized H1 2025 results, while net profit reached AED 64 million, compared with normalised net profit of AED 33 million in H1 2025, reflecting stronger operating performance across the business and the measurable contribution of Accelerate28 initiatives. Aramex’s revenue growth accelerated materially in Q2 2026, with Group revenues increasing…
DUBAI, 5th August, 2026 (WAM) — UXE Group has signed a strategic partnership agreement with South Africa’s NASCENT Group in the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, in a move that reflects the Group’s commitment to expanding its international partnerships and strengthening collaboration in future-focused sectors. The agreement builds on a previous official visit by UXE Group to the Republic of South Africa. The visit resulted in the establishment of strategic relationships with leading organisations and companies, culminating in the signing of this agreement with NASCENT Group. This milestone reflects the success of joint efforts to transform promising opportunities into strategic…
ASTANA, 5th August, 2026 (WAM) — On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Dr Ahmad Belhoul Al Falasi, Minister of Sports, attended the opening ceremony of the Games of the Future 2026, hosted in the Kazakh capital, Astana, as head of the UAE delegation. The UAE’s participation at the Games is a direct extension of the prominent role established during its hosting of the previous edition in Abu Dhabi, a milestone event solidifying the UAE’s standing as an active partner in developing phygital sports. The 2025 tournament also expanded the global dialogue on the future…
ABU DHABI, 5th August, 2026 (WAM) — IHC today announced its financial results for the six-month period ended 30th June 2026. IHC reported revenue of AED64.9 billion, representing an increase of 34.5% year-on-year, while profit after tax reached AED26.2 billion, compared with AED8.9 billion in the corresponding period of 2025. Gross profit increased by 41.0% to AED16.8 billion, and earnings per share rose to AED8.21. According to a press statement issued by the company today, the results reflect continued growth across several of the Group’s operating sectors, alongside the contribution from IHC’s investment activities and active portfolio management. Revenue growth…