ADNOC Distribution Board Approves $350 Million Interim Cash Dividend for H1

Abu dhabi: ADNOC Distribution today announced that its Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equivalent to 10.285 fils per share. This decision underscores the Company’s commitment to delivering sustainable and attractive shareholder value. According to Emirates News Agency, the H1 dividend represents the first installment of the expected full-year 2025 dividend of $700 million (AED2.57 billion), or 20.57 fils per share, in line with ADNOC Distribution’s 5-year dividend policy (2024-2028). The policy sets an annual dividend of $700 million or a minimum of 75% of net profits,

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Abdullah Bin Zayed Engages in Diplomatic Dialogues with Foreign Ministers at UN General Assembly

New york: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, conducted a series of meetings with foreign ministers from various countries during the 80th session of the UN General Assembly in New York. According to Emirates News Agency, Sheikh Abdullah held discussions with Gerardo Werthein of Argentina, Justin Tkachenko of Papua New Guinea, Carlos Ramiro MartĀ­nez of Guatemala, Maka Botchorishvili of Georgia, Alexandra Hill Tinoco of El Salvador, and Dr. Workneh Gebeyehu of the Intergovernmental Authority on Development (IGAD). The conversations focused on critical issues on the United Nations General Assembly’s agenda and

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Abdullah Bin Zayed Meets President of Union of Comoros in New York

New york: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Azali Assoumani, President of the Union of the Comoros, on the sidelines of the 80th session of the UN General Assembly in New York. According to Emirates News Agency, during the meeting, Sheikh Abdullah conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, 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

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Nvidia to Invest US$100 Billion in OpenAI Data Centres

Dubai: Nvidia will invest up to US$100 billion in the buildout of OpenAI data centres, Nvidia Founder and CEO Jensen Huang announced. According to Emirates News Agency, Nvidia and OpenAI unveiled a letter of intent for what both companies described as a landmark artificial intelligence infrastructure project, pairing at least 10 gigawatts of Nvidia systems with the planned US$100 billion investment. “This is the biggest AI infrastructure project in history,” Huang said, adding the partnership was about moving AI “from the labs into the world,” according to an interview-style post on Nvidia’s corporate blog. OpenAI CEO Sam Altman highlighted Nvidia

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Abdullah Bin Zayed Engages in Bilateral Talks with Solomon Islands Prime Minister in New York

New york: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, engaged in discussions with Jeremiah Maenele, Prime Minister of the Solomon Islands, during the 80th session of the UN General Assembly in New York. The meeting focused on enhancing bilateral relations between the UAE and Solomon Islands, with particular attention to cooperation in areas that support shared interests and long-term growth. According to Emirates News Agency, the discussions also addressed several topics included in the agenda of the 80th session of the General Assembly. H.H. Sheikh Abdullah emphasized the UAE’s commitment to strengthening

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UAE Leaders Extend Congratulations to Saudi Leadership on 95th National Day

Abu dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and 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, have sent messages of congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the occasion of the Kingdom’s 95th National Day. According to Emirates News Agency, the UAE leaders also dispatched similar messages to His Royal Highness Prince Mohammed bin Salman bin

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SAIF Zone Showcases Gold Investment Opportunities at Hong Kong Fair

Dubai: The Sharjah Airport International Free Zone (SAIF Zone) participated in the Hong Kong Jewellery and Gem Fair 2025, one of Asia’s largest and most prestigious industry events, which ran from September 17th to 21st at the Hong Kong Convention and Exhibition Centre (HKCEC). The exhibition brought together over 3,000 leading global exhibitors. According to Emirates News Agency, SAIF Zone’s participation in the event aimed to highlight Sharjah’s position as a prime destination for gold and jewellery investments. During the exhibition, the Authority showcased world-class infrastructure, specialised services, and tailored investment solutions, while highlighting the wealth of opportunities available within

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Sharjah National Theatre Triumphs at Alexandria International Theatre Festival

Sharjah: The Sharjah National Theatre’s play “17 Hours” garnered significant recognition at the 15th Alexandria International Theatre Festival in Alexandria, Egypt, winning two prestigious awards and a certificate of appreciation. The festival, which is held under the auspices of the Egyptian Ministry of Culture, provided a platform for the theatre to showcase its artistic prowess. According to Emirates News Agency, the performance was staged at the Lycee Theatre, drawing a large audience. The play achieved the Best Set Design Award, which was awarded to Majed Al Mazmi, and the Best Actress in a Leading Role Award, claimed by Dalal Chraibi.

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