Author: Editorial team
ABU DHABI, 31st July, 2026 (WAM) — The Muslim Council of Elders strongly condemned the attack that targeted two vessels at Damietta Port in the Arab Republic of Egypt. Preliminary investigations conducted by the relevant authorities indicate that the incident was caused by a drone. The Council reaffirmed its unequivocal rejection of all acts that target the security of states, endanger vital infrastructure, or threaten maritime security and regional stability. In a statement today, the Muslim Council of Elders expressed its utmost solidarity with the Arab Republic of Egypt, its leadership, government, and people, and affirmed its support for all…
DUBAI, 30th July, 2026 (WAM) — Mashreq Bank posted net profit after tax of AED4.048 billion during the first half of 2026, up 17 percent compared with the same period last year. Profit attributable to the owners of the parent increased by 16 percent to AED3.955 billion, while earnings per share reached AED19.2 compared with AED16.4 in the first half of 2025. The bank recorded a record profit before tax of AED4.805 billion during the first half, an increase of 18 percent year-on-year, while operating income reached AED6.826 billion. Net interest income and income from Islamic financing rose by 7…
ABU DHABI, 30th July, 2026 (WAM) — H.H. Sheikh Zayed bin Mohamed bin Zayed Al Nahyan and Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, attended today the reception held by Ahmed Tazi, Ambassador of the Kingdom of Morocco to the UAE, on the occasion of the 27th anniversary of King Mohammed VI of Morocco’s ascension to the throne. The event, which took place at Bab Al Qasr Hotel in Abu Dhabi, was also attended by Khalifa Shaheen Al Marar, Minister of State, as well as several high-ranking officials and accredited members of the Arab and foreign…
DFM net profit before tax amounts to AED443.2 million as trading activity increases 40.4% in H1 2026
DUBAI, 30th July, 2026 (WAM) — Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30th June 2026, reporting a net profit before tax of AED443.2 million. Activity on DFM increased significantly during the first half of 2026, as investors traded more frequently and at greater value. Average daily traded value rose by 45.1% to AED1.004 billion and average daily trades increased by 35.4% to approximately 18,759, driving total traded value up by 40.4% to AED119.5 billion. This increase in liquidity and trading intensity was recorded even as market capitalization ended the period 1.4%…
ABU DHABI, 27th July, 2026 (WAM) — Power Slap, the world’s premier slap fighting promotion, announced its return to Abu Dhabi for its third consecutive year with Power Slap 25 presented by Monster Energy on Friday, 23rd October, at the Space42 Arena as part of Abu Dhabi Showdown Week. Power Slap has seen tremendous success over the last two years, captivating both local and international fans and creating global slap fighting stars. Power Slap events in 2025 and 2024 held at Space 42 Arena were sold out, and over 1.5 billion views across social media platforms through promotional and event…
Spider-Man is swapping New York’s skyscrapers for one of Dubai’s most famous landmarks this weekend. To celebrate International Spider-Man Day on Saturday, August 1, VOX Cinemas is hosting a free public event at Dubai Frame, where the Marvel superhero will appear to climb up the iconic structure as part of a live stunt and light show. Described as a first for the landmark, the event will see Spider-Man take over the Dubai skyline in what VOX Cinemas is calling a larger-than-life cinematic experience beyond the big screen. Stay up to date with the latest news. Follow KT on WhatsApp channels.…
ABU DHABI, 30th July, 2026 (WAM) — H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, held a telephone call with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of the Hashemite Kingdom of Jordan, during which they discussed the latest regional developments and the overall situation in the region. H.H. Sheikh Abdullah bin Zayed and Ayman Safadi strongly condemned the renewed Iranian missile attacks targeting the Hashemite Kingdom of Jordan. H.H. Sheikh Abdullah bin Zayed reaffirmed the UAE’s full solidarity with the Hashemite Kingdom of Jordan and its support…
ABU DHABI, 30th July, 2026 (WAM) — e& Group recorded strong growth in its consolidated revenue during the first six months of this year, reaching AED38.1 billion, an increase of 11.6 percent compared with the same period last year. The positive momentum was reflected in the Group’s consolidated net profit, which reached AED6 billion, representing growth of 2.4 percent compared with the first half of last year, excluding the impact of the Maroc Telecom settlement and proceeds from the sale of the Group’s stake in Khazna during the first half of 2025. Earnings before interest, tax, depreciation and amortisation (EBITDA)…
“What happens inside a black hole?” That’s the question eight-year-old Emirati Sultan AlWahshi asked after meeting UAE astronaut Sultan Al Neyadi. Unable to find a definitive answer and fascinated by the mystery of black holes, Sultan decided to imagine one himself. That curiosity has now turned into Sultan’s Time Travel Adventure, a published children’s picture book that follows a young astronaut who is pulled through a black hole and transported to the year 3045, making Sultan the youngest author published by Abu Dhabi’s Sandstorm Comics. “I was curious about black holes in space,” Sultan told Khaleej Times. “Who knows what’s…
ABU DHABI, 30th July, 2026 (WAM) — The Federal Authority for Nuclear Regulation (FANR) participated in the 12th Technical Cooperation Meeting with the brotherly Republic of Korea’s Nuclear Safety and Security Commission (NSSC) and the Korea Institute of Nuclear Nonproliferation and Control (KINAC), reaffirming the long-standing strategic partnership between the two countries in the peaceful uses of nuclear energy. The meeting provided a platform for the exchange of regulatory experience and technical expertise across a range of areas, including nuclear safeguards, physical protection of nuclear facilities, cybersecurity, and the application of artificial intelligence in nuclear regulatory activities. During the discussions,…
