Author: Editorial team
ABU DHABI, 25th October, 2026 (WAM) — ADNOC today unveiled more than AED60 billion in local manufacturing opportunities through 2030 alongside a comprehensive transformation of its procurement, supplier registration and In-Country Value (ICV) frameworks, accelerating the conversion of its business growth into industrial investment, skilled jobs and stronger supply chains in the UAE. Announced at the second Make it with ADNOC Forum, held in the lead up to ADIPEC at Emirates Palace in Abu Dhabi, the measures give manufacturers, suppliers and investors greater visibility of future demand and a faster, clearer route to compete for ADNOC’s business. They combine opportunities…
SHARJAH, 25th October, 2026 (WAM) — Sharjah Chamber of Commerce and Industry (SCCI), represented by Sharjah Export Development Centre, concluded its trade mission to Ethiopia after holding a bilateral business forum, conducting B2B meetings and engaging with Ethiopian companies to explore potential partnerships across key sectors. Held under the theme “Fostering New Partnerships and Driving the Future Together”, the mission formed part of SCCI’s efforts to enhance trade and investment ties between Sharjah and Ethiopia and unlock new opportunities for Sharjah-based businesses to expand into African markets. During the mission, Sharjah Chamber engaged with several Ethiopian ministers and senior government…
HONG KONG, 25th October, 2026 (WAM) — The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, organised a visit to Hong Kong recently for a delegation of 15 leaders and senior representatives from Dubai-based family businesses. The visit aimed to promote knowledge exchange and provide insights into international best practices in family business governance, sustainability, succession planning, and intergenerational wealth transfer. It also sought to strengthen ties and explore opportunities for cooperation between family businesses in Dubai and Hong Kong. The programme included visits to the Hong Kong Academy for Wealth Legacy, Kee Wah Group,…
Oct 22 (Reuters) – A once-robust fall calendar for technology IPOs is down to just Anthropic.The AI lab is pressing ahead to hold its initial public offering as planned in the middle of next month after making its prospectus public as early as late October, people familiar with the matter said, cautioning the plan and the dates are subject to change.Anthropic’s planned IPO will test whether its position at the centre of the booming AI business, which some investors believe to deem worthy of a potential $1.5 trillion valuation, can overcome a market environment that might typically prompt bankers and…
Top seed Daniil Medvedev shook off a first-set stumble to beat Nikoloz Basilashvili 6-7(6) 6-1 6-3 to defend his Almaty Open title on Sunday, picking up his fourth trophy on the ATP Tour this year.The win was a boost for Medvedev’s hopes of securing his place early in the ATP Finals, which he won in 2020.Alexander Zverev, Carlos Alcaraz and Ben Shelton have already qualified for the tournament, while the injured Jannik Sinner will not feature in the eight-man season finale in Turin from November 15-22.”I always said, it’s just a matter of luck, time, moment,” said Medvedev after the…
SHARJAH, 25th October, 2026 (WAM) — The Sharjah Regional Office of the Islamic World Educational, Scientific and Cultural Organization (ICESCO) will organise the ICESCO Regional Family Forum 2026 on 28 and 29 October under the theme ‘The family… a balance that shapes the future’. The forum will bring together leading policymakers, experts, academics, researchers, representatives of government institutions and regional and international organisations, as well as media professionals, young people and families. It will provide a regional platform for dialogue, knowledge-sharing and exploring the future of the family amid rapid social and digital transformations. The forum aims to examine the…
ABU DHABI, 25th October, 2026 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said that the Comprehensive Economic Partnership Agreement (CEPA) signed today between the United Arab Emirates and the Republic of Benin is expected to increase UAE exports to Benin by more than USD 1 billion by 2033, while boosting Benin’s exports to the UAE by more than USD 100 million over the same period. This will create new opportunities for trade and investment cooperation between the two countries. In a statement to the Emirates News Agency (WAM), he explained that the agreement provides for…
Dr Anwar Gargash, diplomatic adviser to the UAE President, issued a statement on Sunday, October 25, responding to Iranian Parliament Speaker Mohammad Bagher Ghalibaf’s criticism of Emirati diplomat Lana Nusseibeh’s nomination for UN Secretary-General position. Gargash said he hoped the remarks were posted by Ghalibaf’s social media account manager rather than reflecting his personal views. “It is natural that the nomination of a professional figure known for bridging differences and prioritising diplomacy would provoke objections from some hardline voices,” Gargash wrote in social media platform X. While describing discussion of Nusseibeh’s qualifications and nomination as legitimate, Gargash said Ghalibaf’s comments…
DUBAI, 25th October, 2026 (WAM) — Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026, up 3.6% from 1.31 million during the same period last year. The increase highlights the growing efficiency of its services and its commitment to meeting the evolving needs of the business community. By accelerating the release of eligible deposits, Dubai Customs is helping businesses maintain healthy cash flow, facilitating smoother trade operations and reinforcing Dubai’s position as an attractive destination for investment. The total value of applications submitted by customers rose to AED6.9 billion, compared with AED6.1 billion…
ABU DHABI, 25th October, 2026 (WAM) — Olushegun Adjadi Bakari, Minister of Tourism and Foreign Trade, in charge of Industry and Private Investment Promotion for the Republic of Benin, said that the signing of the Comprehensive Economic Partnership Agreement (CEPA) between Benin and the United Arab Emirates today marks an important milestone for both countries and opens new avenues for strengthening their trade and investment relations. In a statement to the Emirates News Agency (WAM), he said that trade relations between the two countries are growing by more than 30% annually, emphasising that the agreement will take these relations to…