Abu dhabi: ADNOC Group’s six publicly listed companies are integrating advanced Artificial Intelligence (AI) technologies to enhance growth and operational efficiency, setting a new benchmark in the energy sector. According to Emirates News Agency, the strategic focus on AI integration has been complemented by remarkable financial performance, with the companies achieving a combined net profit of $4.7 billion (AED 17.3 billion) for the first half of 2025. This success highlights ADNOC’s robust and diversified portfolio geared towards value creation. Central to this technological transformation is MEERAi, ADNOC’s proprietary AI tool, which equips management with real-time, data-driven insights for more effective

Abu dhabi: The United Arab Emirates has announced the success of mediation efforts in a new exchange of war captives between the Russian Federation and the Republic of Ukraine, which included 84 Ukrainian captives and 84 Russian captives, bringing the overall number exchanged through UAE mediation efforts to 4,349. According to Emirates News Agency, the Ministry of Foreign Affairs (MoFA) expressed its appreciation to the two countries for their cooperation with the UAE’s mediation endeavors. This reflects the confidence and appreciation of both countries for the UAE’s role in supporting all efforts to resolve the crisis between Russia and Ukraine.

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed the depth of relations linking the emirate’s business community with its counterpart in the Republic of India, founded on enduring bilateral friendship between the UAE and India. The Chamber reiterated its commitment to enhancing cooperation and fostering strategic partnerships within the private sectors of both nations, with the objective of establishing a sustainable and integrated economic framework. This commitment is driven by the wise and visionary leadership of both countries and the success of their business communities in leveraging opportunities under the UAE-India Comprehensive Economic Partnership Agreement (CEPA). According to

Dubai: Dubai International (DXB) is gearing up for a busy end to the summer holidays, with families returning from vacation and students travelling back to Dubai ahead of the new academic year. According to Emirates News Agency, between 13 and 25 August 2025, DXB is expected to welcome more than 3.6 million guests, with daily averages reaching 280,000. The busiest day is forecast for Friday, 15 August, with traffic set to exceed 290,000. The back-to-school surge follows a record-breaking first half of 2025, which saw Dubai welcome 9.88 million international overnight visitors, marking a 6% increase year-on-year. During this period,

Abu dhabi: The Arab League has condemned in the strongest terms the statements made by Israeli Prime Minister Benjamin Netanyahu regarding the annexation of parts of the territories of sovereign Arab states, in preparation for the establishment of what he called “Greater Israel.” According to Emirates News Agency, the League considered these statements to be a violation of the sovereignty of Arab states and an attempt to undermine security and stability in the region. In a statement released Tuesday, the League said these remarks represent a serious threat to collective Arab national security and a flagrant challenge to international law

Abu dhabi: Cisco Systems, a developer and manufacturer of networking equipment, has predicted strong quarterly revenue amid increasing demand for networking equipment. According to Emirates News Agency, the company topped revenue forecasts by 0.7% last quarter, reporting $14.15 billion-a remarkable 11.4% year-over-year increase. While Cisco surpassed analysts’ EPS estimates for the upcoming quarter, its billings matched expectations. The networking and AI infrastructure markets are becoming fiercely competitive, with tech giants and agile startups battling for market share. Cisco’s ability to maintain its leadership in networking and simultaneously emerge as a significant player in AI infrastructure remains uncertain. Meanwhile, Alphabet’s Google

Seoul: Korean import prices rose for the first time in six months in July, driven by rising global oil prices and a weaker Korean won, preliminary data from the Bank of Korea (BOK) showed on Thursday. According to Emirates News Agency, the import price index went up 0.9 percent last month from a month earlier, rebounding after a five-month losing streak. The increase came as the average price of Dubai crude, South Korea’s benchmark, climbed 2.3 percent from a month earlier to an average of US$70.87 per barrel in July. Another contributing factor was the local currency falling 0.6 percent

Abu dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Asif Ali Zardari of the Islamic Republic of Pakistan on the occasion of his country’s Independence Day. According to Emirates News Agency, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, also dispatched similar messages. These messages were sent to both President Zardari and Prime Minister Muhammad Shehbaz Sharif to mark the occasion.